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Posts tagged "Divorce"

Questions millennials should ask before deciding to divorce

Marriage breakdowns can happen at any age. New Jersey couples who are in their 20s and find themselves discussing divorce should ask themselves a few pertinent questions before making the ultimate decision. By visiting these issues, it may help the divorce process to go much more smoothly, according to experts.

Who's responsible for credit card debt in a divorce?

Reviewing a list of assets and debts is something a divorcing couple must do. Having to discuss debts may be particularly difficult when a New Jersey couple is going through a divorce since very often, the financial picture is something that contributed to the marriage ending. Couples who have credit card debt need to understand how creditors view that debt.

Divorce may actually make relationships, parenting better

There may be times when the best way to keep a relationship intact is to separate. Some couples have said they became better friends and had better relationships with each other after divorce. Some New Jersey spouses might actually excel at divorce and become better in many ways -- including co-parenting their children. When parents place the love they have for their children above anything else, they usually find a way to be civil to each other and in some instances, become friends in the process.

Does divorce have an impact on adult children's marriages?

There's an old adage that says the fruit doesn't fall far from the tree. But can the same be said about divorce? Are New Jersey adult children that come from parents who divorce more likely to end up divorcing as well? Experts have found that although that is sometimes the case, there are also cases in which the opposite is true -- adult children often look at their parents' relationships and vow never to make those mistakes themselves.

Protecting kids from an angry parent during divorce

Not all marriages last a lifetime and some parents whose marriages do break down end their unions in an atmosphere of volatile emotions and high conflict. In New Jersey and elsewhere, this can be particularly difficult for children whose parents are going through this kind of a divorce. One parent may be angrier than the other and it's important to protect children from these kinds of hurtful emotions.

Should you divorce or stay together for the kids' sake?

Parents want to do what's best for their kids and often make sacrifices in doing so. But when parents -- of older children in particular -- are in an unhappy marriage and decide to put off divorce for the sake of their children, they need to weigh the pros and cons of both staying together or going their separate ways. What New Jersey parents should really be asking is how their marriage is affecting their children.

Financial security in the midst of divorce

These days marriage doesn't always mean "til death do us part." Since the stigma attached to divorce has all but been erased, more couples who have been in unhappy marriages for years are deciding to go their separate ways and suddenly people in their 50s and older are finding themselves single again. New Jersey residents in this situation should have a handle on how they can minimize the impact divorce has on their finances.

Is it best to settle a divorce in or out of court?

Experts says the best scenario for a couple who is parting ways is to try to end things amicably. Sometimes, however, New Jersey couples who are in the throes of divorce may have trouble agreeing on things. The question then is, should they try to settle things on their own or through mediation, or should they let the court decide? There are some things to consider before making that final decision.

How many marriages actually end in divorce?

The common notion for quite some time now is that about 50% of all marriages don't last. But is that really a true picture of marriage and divorce? Divorce rates -- including those in New Jersey -- peaked in the 1970s and '80s, but recent statistics show that more couples are staying married and the divorce rate hovers at around 40%, and some experts believe it's because more people are waiting to get married and are being more mindful when choosing their life mates. 

What happens to the engagement ring in a divorce situation?

An engagement of marriage is usually sealed with a ring. An engagement ring is meant to be a symbol of a couple's intention to marry, but what happens to the ring when the marriage has fizzled and a couple decides to divorce? It's not always a clear-cut answer and much depends upon the circumstances, the actual ring and the state in which the couple resides. New Jersey is an equitable distribution state in which a court will divide marital assets in a way it sees as fair and reasonable, which might not mean a 50/50 split, but marital property in the state excludes gifts, so what about that ring?

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