Margolin NeunerFamily Law Attorney Hackettstown NJ | Margolin & Neuner2024-03-07T14:17:13Zhttps://www.margolinneunerlaw.com/feed/atom/WordPress/wp-content/uploads/sites/1503386/2022/12/cropped-siteicon-32x32.jpgOn Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470762024-03-07T14:17:13Z2024-03-07T14:17:13ZContested divorce
In a contested divorce, the spouses cannot agree on one or more key issues, such as child custody, division of assets or spousal support. This type of divorce often requires litigation. A judge may have to make decisions on behalf of the spouses.
Contested divorces can be lengthy, expensive and emotionally draining due to the adversarial nature of the proceedings.
Uncontested divorce
An uncontested divorce occurs when both spouses are able to reach an agreement on all issues without the need for court intervention. This type of divorce is generally faster, less expensive and less contentious than a contested divorce. However, it still requires careful consideration and negotiation to ensure that both parties' walk away satisfied with the results.
Couples should note that if they cannot agree on even one aspect of their divorce, they will have a contested divorce. Uncontested means they must agree on everything and reach that agreement outside of the courtroom.
Understanding the differences between contested and uncontested divorce can help individuals navigate the divorce process more effectively. While both types of divorce have their challenges, knowing what to expect can help spouses make informed decisions and move forward with their lives.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470752024-03-07T14:15:40Z2024-03-07T14:15:40ZThe basic law
In the state of New Jersey, child support is generally expected to continue until the child reaches the age of 18. However, some circumstances may extend this obligation beyond the 18th birthday.
Education level
If a child is still attending high school or any equivalent program beyond the age of 18, child support may continue until the completion of the program or when the child turns 19, whichever happens earlier. This exception recognizes the importance of supporting a child's education until they graduate from high school.
Disabilities
In situations where a child has physical or mental disabilities, the obligation for child support may extend beyond the age of 18. The court may order continued support to ensure that the child's special needs are adequately addressed.
Voluntary agreement
Parents can also voluntarily agree to continue child support beyond the age of 18. This often occurs when both parties recognize the necessity of continued financial support for the child's well-being, especially in cases such as college expenses or other educational pursuits.
Legal emancipation
Emancipation is the legal term for when a child becomes financially independent. In New Jersey, if a child gets married, joins the military or becomes self-supporting, the court may consider them emancipated, and child support may no longer be mandatory.
Communication
To ensure a clear understanding of child support obligations, parents must communicate. It is important to be aware of the specific circumstances that may extend the duration of child support and to address any concerns or agreements collaboratively.
While child support typically ends at age 18, understanding the law's intricacies can help parents navigate this aspect of family responsibility.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470742024-02-22T19:21:45Z2024-02-22T19:21:45Z1. Duration of marriage
Longer marriages often lead to higher chances of receiving alimony. The idea is to acknowledge the time and effort invested into the relationship. Marriages that last more than five years have a higher chance of one spouse qualifying for alimony.
2. Income disparity
If there is a significant difference in the spouses' incomes, the lower-earning partner may deserve alimony. This ensures a fair distribution of resources so each partner can maintain a certain standard of living.
3. Contributions to the marriage
The court considers both financial and non-financial contributions, such as homemaking or supporting a spouse's career. If one spouse contributed significantly to the household, even if not in a financial matter, the court may award alimony.
4. Health and age
Health and age can influence the ability to earn a living. The court may award alimony to ensure financial stability, especially if one spouse is in poor health or nearing retirement. Courts award alimony to ensure the lower-earning spouse can maintain financial independence regardless of health conditions.
In navigating the complex landscape of divorce, understanding the factors that influence alimony eligibility is important. Whether you deserve alimony depends on various elements, each contributing to the overall assessment of financial need and fairness. It is a delicate balance that aims to provide stability and support during a challenging time.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470732024-02-22T19:20:29Z2024-02-22T19:20:29ZEstablish a support system
Building a reliable support system is important during this transitional phase. Connect with friends, family or support groups who understand and empathize with your situation. Surrounding yourself with positive influences can provide emotional stability and encouragement.
Prioritize self-care
Taking care of yourself is important in the aftermath of a divorce. Embrace healthy habits such as regular exercise, proper nutrition and sufficient sleep. Paying attention to your physical and mental well-being will contribute significantly to your overall resilience.
Set realistic goals
Create achievable short-term and long-term goals to regain a sense of purpose and direction. These goals can be personal, professional or a combination of both. Focusing on realistic objectives will help you rebuild your life step by step.
Embrace new hobbies and activities
Engaging in new hobbies or activities can be a constructive way to redirect your focus. Explore interests you may have neglected during your marriage or discover entirely new pursuits. This not only provides a sense of accomplishment but also opens doors to potential social connections.
Establish a routine
A structured routine can offer stability in times of uncertainty. Establish a daily schedule that includes work, leisure and self-care activities. This structure can provide a sense of normalcy and help you regain control over your life.
Communicate effectively with children
If you have children, open and honest communication is important. Maintain a consistent and supportive presence while reassuring them that both parents love and care for them. Encourage an open dialogue to address any concerns they may have about the changes in the family dynamic.
Seek professional help when needed
If you find it challenging to cope with the emotional aftermath of divorce, consider seeking professional help. A therapist or counselor can provide guidance, support and tools to navigate the complex emotions associated with this life transition.
Adjusting to life after a divorce requires time and patience. Remember, every ending marks a new beginning, and with resilience and determination, you can embrace the opportunities that lie ahead.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470722024-02-02T03:34:23Z2024-02-06T03:34:16ZCalculation factors
Several factors come into play when calculating child support in New Jersey. The income of both parents is a primary consideration. Courts want to distribute the financial burden equitably. The number of children in the family, childcare costs and expenses related to health insurance are also factored into the equation.
Ensuring financial stability for children
The ultimate goal of child support is to provide a stable financial environment for children, even when their parents are no longer together. This financial assistance helps cover needs, including housing, education, healthcare and other related expenses. In joint custody cases, parents may split costs equally. In cases where one parent has primary custody, the other parent may pay a specified amount each month to the main caretaker.
Modification in special circumstances
Child support orders are not set in stone. In the event of significant changes in circumstances, such as fluctuations in income or unexpected expenses, either parent has the right to request a modification of the child support arrangement. This ensures that the child support amount remains fair and reflective of the current situation.
Consequences of non-compliance
It is important for divorced parents to recognize that child support orders are legally binding. Failure to comply with these orders can lead to serious consequences, including legal actions and potential financial penalties. The legal system takes child support obligations seriously, emphasizing the importance of meeting these responsibilities.
Understanding the factors that influence child support calculations and the consequences of non-compliance is important for navigating the complexities of post-divorce financial arrangements.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470712024-01-31T19:56:29Z2024-02-05T19:50:36ZPrioritize financial planning
Financial planning is an important step in any gray divorce. This includes assessing current financial assets, liabilities and retirement accounts. It also involves developing a comprehensive plan for post-divorce finances. Seeking guidance from financial advisors can help individuals make informed decisions and secure their financial future.
Negotiate fair settlements
During divorce proceedings, it is important to negotiate fair settlements that consider both spouses' financial needs and contributions. This may involve dividing assets equitably, considering factors such as income disparity, earning potential and contributions to marital assets. Divorcing parties should also review and understand the tax implications of asset division to minimize future tax liabilities.
Use retirement accounts
Dividing retirement accounts such as 401(k)s, pensions and IRAs can be complex. Individuals may want to explore options such as qualified domestic relations orders to ensure proper division of retirement assets. Those nearing retirement age may also want to reassess their retirement savings goals and adjust their plans to account for the divorce's impact on their financial future.
Explore employment opportunities
For those who may be reentering the workforce or transitioning to a new career post-divorce, finding employment can reduce the financial impact of a gray divorce. Updating skills, networking and seeking out job training programs can improve employment prospects and financial stability in the long term.
USA Today reports that the divorce rate among those 55 and older doubled since 1990. It also tripled among those 65 and over. Gray divorce creates financial challenges, but taking proactive steps now can pave the way for a more stable and secure financial future post-divorce.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470692024-01-20T15:20:25Z2024-01-24T15:19:15ZThe prevalence of divorce
Divorce rates have been steadily increasing over the years, reflecting a shift in societal norms and values. According to the Centers for Disease Control and Prevention, more than 689,000 marriages in the United States ended in divorce in 2021. This means that you are not alone in facing this situation.
Divorce is a complex and multifaceted issue, influenced by various factors such as communication breakdown, financial stress and incompatible goals. Understanding that divorce is a common occurrence can help alleviate feelings of guilt and isolation, allowing you to focus on healing and moving forward.
Personal growth and emotional well-being
People often feel bad about divorcing because they fear it signifies a personal failure. However, it is important to recognize that divorce can be a catalyst for personal growth and happiness. Staying in an unhappy or toxic marriage can have detrimental effects on mental health, well-being and overall quality of life. By choosing to end a marriage that no longer serves both parties, people can create space for personal development, self-discovery and the pursuit of genuine happiness. Instead of feeling guilty, view divorce as an act of self-care and self-preservation.
Divorce is a widespread phenomenon, and feeling guilty about it is unnecessary. By understanding the prevalence of divorce and recognizing the potential for personal growth, you can navigate this challenging life transition with confidence and self-compassion. Remember, you deserve happiness and fulfillment, regardless of societal expectations.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470682024-01-20T15:17:33Z2024-01-22T15:16:19ZFinancial and legal considerations
Unpaid child support can create financial constraints, making it difficult to cover the expenses of business travel. Business trips often involve costs like flights, hotels, transportation and meals, which can add up quickly. When you have unpaid child support to worry about, it becomes hard to allocate funds for these expenses.
Also, failing to meet child support obligations can lead to legal trouble, including the suspension of licenses like your driver's license or passport. The Department of State reports that parents lose their passport privileges once child support arrears go over $2,500. These restrictions can seriously disrupt your business travel plans, making it impossible to obtain necessary travel documents or even leave the country. As a result, unresolved child support problems can disrupt or delay your business trips, potentially damaging your professional relationships and opportunities.
Emotional stress and your reputation
Unpaid child support can cause high levels of stress for both you and the parent receiving the support. This emotional burden can become even more overwhelming when it affects your business travel plans. Furthermore, in today's interconnected world, your reputation plays a crucial role in your professional success. Unresolved child support problems can damage your reputation. This could affect your personal brand and professional standing.
Unpaid child support can have far-reaching consequences beyond personal and family matters. Prioritizing the resolution of child support problems is vital for maintaining a healthy work-life balance and ensuring smooth business travel experiences.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470672024-01-06T22:55:12Z2024-01-08T22:55:05Z1. Organize your financial documents
Start by organizing all your financial documents. This includes bank statements, tax returns, investment portfolios and property records. A comprehensive understanding of your financial situation is key to making informed decisions during the divorce. Ensure you have copies of all relevant documents. Be sure, too, to keep them in a secure location. This organized approach can streamline the divorce process. It can also help prevent financial surprises down the road.
2. Establish separate financial accounts
As you navigate the divorce, consider establishing separate financial accounts. Open individual bank accounts and credit cards in your name to ensure financial independence. This step is important for managing your personal expenses and protecting your assets. Additionally, monitor joint accounts closely. If necessary, consider closing or dividing them equitably. By untangling financial connections, you gain more control over your financial future.
3. Evaluate and protect your credit
A divorce can have implications for your credit score. Make a point to evaluate and protect your credit during this process. Obtain copies of your credit reports to assess your current standing. Close or convert joint credit accounts to individual accounts to prevent future financial entanglements. Establishing credit in your name helps build a solid financial foundation post-divorce. Regularly monitor your credit reports to detect any unauthorized activity.
Bowling Green State University reports that the American divorce rate rose somewhat in 2022, reaching 14.56 divorces for every 1,000 married women. Prioritizing financial stability and taking these precautionary measures allows you to navigate the financial aspects of divorce with greater confidence.]]>On Behalf of Margolin & Neunerhttps://www.margolinneunerlaw.com/?p=470662024-01-06T22:53:30Z2024-01-07T22:53:23Z1. Work commitments and schedules
One of the primary factors influencing time allocation in custody arrangements is the work commitments of each parent. Demanding job schedules, long working hours or even irregular shifts can limit the available time parents have to spend with their children. Striking a balance between professional responsibilities and parenting duties is important for maintaining a healthy custody schedule. Each parent must have adequate time for children to receive partial or joint custody.
2. Distance and commuting challenges
Geographical factors play an important role in custody arrangements. If parents reside far apart, transportation challenges can hinder regular and consistent visitation. Long commutes can be exhausting for parents. They also limit the time available for meaningful interactions with their children. Proximity and accessibility become important considerations in creating a stable and nurturing environment for children in shared custody.
3. Educational commitments
Children's educational commitments can also impact the time parents spend with them. Homework, extracurricular activities and school events may limit the available time for visits or shared parenting responsibilities. Coordinating schedules to accommodate academic requirements is important. It ensures both parents can actively participate in their children's scholastic journey.
4. Health and medical considerations
Another factor that can disrupt custody schedules is the health and medical well-being of either the parent or the child. Illnesses, medical treatments or other health-related issues may require adjustments to the custody arrangement. It is important for parents to be understanding and flexible during such challenging times. They should prioritize the child's welfare above all.
5. Social and recreational commitments
Children often engage in various social and recreational activities that shape their development. Balancing these commitments with the custody schedule is important. Parents must communicate effectively to ensure that both can actively support and participate in their children's social and recreational endeavors.
In navigating the complexities of shared custody, recognizing and addressing these factors is important. Parents can develop a custody arrangement that works with everyone's schedules.]]>