Even if they have heard the acronym "QDRO" before, many Marlton, New Jersey, residents may not be familiar with the term.QDRO is short for "qualified domestic relations order." Unlike a divorce decree or other order entered in a family law case, a QDRO is directed to...
Property Division
How property division works for unmarried NJ couples
These days, there are many more people in New Jersey who, for whatever reason, choose to live together and maintain a household long term without legally getting married.These couples may have children together, and they may combine their income and assets in such a...
How do you put a value on a small business?
Many New Jersey residents own their own businesses. Sometimes, this is just a small, part-time operation that supplements income from a husband and wife's day jobs. At other times, the business really takes on a life of its own and becomes the means of a couple's...
What to do and avoid to create a valid prenuptial agreement
Like most other states, New Jersey allows couples contemplating marriage to enter in to prenuptial agreements. These agreements, which, incidentally, can also be beneficial even to couples that have never been divorced and have no plans to divorce, help with important...
End joint bank accounts and credit cards with the marriage
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...
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...
How do courts decide what’s ‘equitable’?
The property division process of divorce is often quite contentious. Considering what is at stake, from your home to future financial security, it is no surprise that people see this step as a battle.However, one way to ease some of the contention associated with...