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New Jersey law requires full disclosure of all marital assets during a divorce. This ensures a fair division of property. However, some spouses may try to hide assets to reduce the size of the marital estate, leading to an unfair settlement. Both parties must be...
Divorce is never an easy journey, but choosing the right path can help you ease the process. To achieve this, you can try alternative methods to litigation like collaborative divorce and divorce mediation. Both processes can be more cost effective and less time...
Gray divorce, or divorce after 50, presents unique challenges for the economic well-being of both spouses. Many older women initiate divorce after years of prioritizing family over personal happiness. Financially, this transition can be frightening. Women who have...
Alimony payments can affect your taxes. In New Jersey, making these payments tax-deductible requires specific procedures. It may be helpful to follow some steps to ensure your alimony payments meet the criteria for tax deductions. Ensure your alimony qualifies To make...
When a married couple decides to part ways, they may consider either divorce or legal separation. While both involve living separately, there are significant differences between the two. Understanding how New Jersey defines divorce and separation can help you decide...
The traditional adversarial approach to divorce often worsens the stress and conflict of the situation, making it harder for couples to move forward. Mediation, on the other hand, offers a more collaborative and less contentious alternative. Mediation makes things...
Child support determinations depend on calculations based on both parents’ incomes. If you have a court-ordered child support agreement in place, you may wonder if you can ever have the agreement modified. Certain significant changes warrant a child support...
When you are a business owner, it adds another layer of complexity to divorce. Protecting your business is necessary for its continuity and your financial stability. 1. Thorough documentation Accurate and detailed documentation is the foundation for protecting your...
The American Institute of Stress lists divorce as the second-highest stressor that people face. Naturally, couples facing this crossroads look for ways to streamline and improve the process. One option people may overlook is collaborative divorce. They might fear that...
According to U.S. News and World Report, about 1/4 of all divorces involve couples over the age of 50. These situations make up gray divorce. Gray divorce, the phenomenon of couples separating later in life, has become an increasingly prevalent topic in recent years....