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October 2017 Archives

What to consider in a child custody case

There are many questions that a New Jersey resident may need to consider when creating a child custody plan. In some cases, it is possible for both parents to share either joint or legal custody. It may also be possible to share both legal and physical custody. However, if one parent is not capable or willing to provide for the child, it might be best for the other to seek sole custody instead.

What a spouse's unusual financial moves might mean

Some New Jersey residents may be alerted to the possibility that their spouse is planning to file for divorce by that person's financial actions. For example, one man's wife suddenly decided to put a significant amount of money into a certificate of deposit that only had her name on it. This was money the couple had made on the sale of their home. In addition to the $90,000 from the home, the woman added a $40,000 payout she received after a job loss. The man asked his wife to either add his name to the account or return the amount to their joint accounts, but she did not.

Financial mistakes to avoid during a divorce

States in the Northeastern United States, including New Jersey, have some of the lowest divorce rates in the country, according to the U.S. Census Bureau. That statistic can be partly attributed to the fact that people tend to marry later in life in New Jersey when compared to other states.