Freezing marital assets is a part of some New Jersey divorces. While not every divorce will require marital assets to be frozen, the practice is not uncommon. Marital assets may be frozen in high net worth divorces or particularly contentious divorces. How and why...
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Divorce
How student loans are divided in a divorce
One of the most common sources of debt for people in New Jersey, and elsewhere around the country, is student loans. If you’re going through a divorce, you and your spouse both may have student loan debt. During the property division process, you will have to decide...
Understanding your options for leaving a marriage
New Jersey residents seeking to end their marriage can pursue two different paths depending on their situation. The two options available to end the marriage are divorce and annulment. Annulment is relatively rare. Divorce is far more commonplace, and when the spouses...
Does divorce drive down a credit score?
Maintaining excellent credit helps people in many ways, such as lowering loan interest rates. New Jersey spouses dealing with divorce may worry about how the proceedings could impact their credit score. A divorce might not directly affect a credit rating, but the...
Are you meeting your divorce lawyer for the first time?
In New Jersey and throughout the country, deciding to end a marriage is rarely an easy decision. Whether a spouse wants to file for divorce or has recently been served with a divorce petition, the situation can be stressful. People who schedule consultations with...
Dissipation, excess spending and divorce
Some people start to change their behavior when their marriage starts to break down, either on the advice of friends or on a whim of their own. Changes in one or both partners' spending can contribute to the end of a marriage. When a divorce is already underway,...
The problem with putting off divorce due to young children
Parents who make plans to put off an inevitable divorce for the sake of the kids may do their children a disservice. Your kids may have trouble dealing with the hectic schedule of living between two homes after your split, but divorce also teaches your kids about a...
Considerations for a female business owner who’s divorcing
Going through a divorce in New Jersey can be a stressful and emotional time. Considering that, things can be even more traumatic when a divorce might place the future of your company in jeopardy. Fortunately, things don't have to feel so daunting. Instead, follow...
Mistakes parents make with their children after their divorce
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...
