New Jersey couples who have children and decide that it's time for divorce have a tough road ahead. Apart from determining what happens to all the marital property, they'll need to determine a solution for the custody of their children. In the process, parents tend to...
What to consider before creating an irrevocable trust
An irrevocable trust may be an effective tool for protecting your assets in a New Jersey divorce. It may also be an effective way to ensure that your children receive their full inheritance regardless of what happens to you. However, it is important to understand that...
What to expect at the initial meeting with your divorce lawyer
You may be wondering what is involved when choosing a divorce attorney in New Jersey. After your potential attorney is certain there are no conflicts that could prevent them representing you, an initial consultation, or meeting, will be scheduled. Your first meeting...
Tips for dividing property in a divorce
One of the challenging aspects of divorce is dividing property. In New Jersey, property is supposed to be divided equitably. This means that you do not have to each walk away with assets that equal 50% of the value of your shared property. If you go to litigation, a...
Dividing retirement accounts in a divorce
One of the complexities many people face as part of a divorce is dividing retirement accounts. Since New Jersey is not a community property state, assets are supposed to be divided equitably, meaning they will not necessarily be split 50/50. There are several...
What to consider during a gray divorce
A recently growing trend is that of gray divorce, or divorce between older couples who have been together for an extended period of time. Sometimes referred to as "silver splitters" or "diamond splitters," couples who are 50 years old or older are getting divorced...
A specialized financial planner can help in a divorce
Divorce is a difficult time, especially when financial questions and disagreements occur. A certified divorce financial analyst, or CDFA, in New Jersey can help safeguard you and your future in a divorce. A CFDA could even work for both parties to ensure that the...
Shocking US divorce facts
There are plenty of false statistics floating around about marriage and divorce in the United States. The most popular is that 50% of American marriages end in divorce. While that number is simply untrue, there are several statistics about divorce that are true, and...
How to avoid tax problems during a divorce
Many individuals in New Jersey already know that a divorce can be expensive. One spouse taking over assets that previously belonged to the other as part of a divorce agreement will not typically result in additional tax payments. However, restructuring these assets in...
Experts that may be utilized during a divorce
When people in New Jersey marry they legally begin sharing their lives. This includes sharing their finances and assets. In many situations it does not matter whether one spouse earns all the money or if certain assets are titled in the name of only one spouse. Those...
