Divorce in New Jersey can be costly, even for simple splits where there are no children and little property is involved. As couples accumulate wealth and have children, the bill increases, so how do you minimize the cost of ending a marriage? The answer is divorce...
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Taxes and alimony
If you are set to receive or pay spousal support in New Jersey, it will be helpful to understand the types of spousal support and their tax implications. Being knowledgeable about this will help you plan for the future and ensure that your financial interests are...
Why illness can sometimes lead to divorce
Some New Jersey couples might find themselves considering divorce when one of them is suffering a serious illness. They might wonder if the illness itself leads to the end of the marriage. However, while the complications brought about by illness can be a factor when...
4 myths about divorce mediation in New Jersey
There are many myths about divorce mediation that you may have heard. Divorce is a difficult process, and it is important to understand what you can expect from the legal system. Misconceptions about divorce mediation are often inaccurate and can lead to confusion...
Valuing a professional practice during a divorce
Professionals in New Jersey should understand that their practice may be viewed as a marital asset during any divorce proceeding. That means that, like the house, retirement accounts and checking account, it will potentially be divided with a portion of the value...
Mediation helps couples navigate the divorce and life afterward
Many divorcing couples choose mediation over litigation for a variety of reasons. The popularity of this option extends beyond the divorce itself since it also establishes a framework for future family relationships. About mediation Divorce mediation is a process that...
Is your spouse hiding assets?
When working through divorce, you would hope that your spouse would at least not work against you. But unfortunately, that is not always the case. Sometimes, a spouse might try to use the confusion and turmoil of divorce to make some personal gains. This is often the...
The factors that determine if you’ll get spousal support
In the state of New Jersey, alimony may be included in a final divorce settlement. There are many factors that a judge will evaluate when determining if either party to a marriage should receive spousal support payments. These factors may include your age, your...
Factors that determine alimony amounts and duration
When a marriage ends in New Jersey, the courts and the interested parties often must grapple with a list of financial concerns. Some of these concerns rest on the ability of the parties to pay for costs associated with legal action. Another central issue, the matter...
Know how to handle investment accounts in a divorce
Divorce can sometimes be more difficult when a couple has access to numerous kinds of assets. When people have investment accounts, they need to divide these between them. According to Fidelity, people can divide investment accounts in several different ways. People...