Over the years of marriage, couples in New Jersey amass a good deal of assets, some of which are very valuable. While of course some assets, such as the family home, are tangible, there are other, less tangible assets, such as bank accounts. However, bank accounts can...
Month: July 2017
Beware these divorce myths
A divorce may be challenging and tumultuous. It may be more difficult if spouses in New Jersey are influenced by long-standing myths about this process. These falsehoods can have financial consequences.First, adultery has no impact on property division or spousal...
The importance of a prenup
Prenuptial agreements are quickly becoming the norm for any marriage. In fact, a report in Time Magazine showed that Millennials, more than previous generations, are hopping aboard the idea that prenups are fundamentally a good thing when it comes to marriage.Many...
Don’t forget the engagement ring in a prenup
A prenuptial agreement can prevent many disputes and litigation costs over property division in a New Jersey divorce. Any advantages are more likely if these agreements are well-drafted and address property that has the potential for a dispute. When negotiating and...
Financial decisions in a divorce can be complicated
Property division in a high asset divorce in New Jersey involves complex decisions, which are hampered by the emotions and turmoil accompanying the end of a marriage. However, certain financial matters require especially objective and reasoned judgments.For example, a...