Dividing property is often one of the biggest challenges during divorce. Spouses have to put together inventories of their resources and determine what they are worth. They then need to negotiate with one another to determine how the assets will be divided. In some...
Your spouse hiding assets during divorce can prevent fair division. That's why it's crucial to spot any missing assets on your spouse's list or when a detail, such as income, is misrepresented. Uncovering hidden assets is integral to fair and equitable distribution....
A prenuptial agreement can set up financial expectations for you and your future spouse. It can contain information about who will get specific assets if you go through a divorce. Some prenups also cover the assignment of debts that originated before a marriage....
Prenuptial agreements have grown in popularity, with the number of couples choosing to draft one rising from 3% in 2010 to 15% in 2022. Although prenuptials are no longer the province of only extremely wealthy couples in New Jersey, many people shy away from drafting...
Some people living in New Jersey like collecting all sorts of items. Certain individuals enjoy starting and adding to valuable art collections. If you own art and are going through a divorce, worrying about the future of your priceless pieces is understandable. Create...
New Jersey is among the 41 states that have equitable distribution rules. Therefore, a judge may divide property fairly when a person gets divorced, but each spouse may not get 50% of the assets. The judge will generally consider many factors about each person's past...
A prenuptial agreement, or "prenup" for short, is a legal contract between two individuals who are planning to get married. The purpose of a prenup is to determine how assets will be divided in the event of a divorce or separation. While prenups are often associated...
A divorce can be a complicated affair regardless of your net worth or whether it is settled inside or outside of a New Jersey courtroom. However, if you own a business, ending your marriage may result in chaos for workers, investors and others who are associated with...
The best approach to social media for New Jersey couples who are going through a divorce is to avoid it altogether. However, this is impractical for many people. In that event, there are certain guidelines that you should follow. Privacy First, lock down your privacy...
New Jersey is a state that uses equitable distribution to divide property when a couple divorces. Equitable distribution isn't a 50–50 split of marital property like some may think. It's a fair division of marital property in a divorce, which may or may not be 50–50....