Some New Jersey residents decide it’s best to have a prenuptial or postnuptial agreement drawn up. Both of these documents can protect a married person in the event of a divorce. While they are very similar, they have some differences. Prenuptial agreements explained...
Divorce
Dealing with an estranged spouse’s overspending
If you are going through a divorce or are estranged from your spouse in New Jersey, it can be challenging to maintain complete control of your finances. One of the biggest concerns is overspending by your spouse. This can lead to financial stress and even bankruptcy...
When your art collection isn’t marital property
Divorce can be emotionally draining, and dividing assets, including an art collection, adds additional complexity. It's important to approach the division of an art collection in New Jersey with care and consideration, as the pieces may hold sentimental value and...
Financial implications of a marriage in New Jersey
Money is one of the leading causes of stress in a relationship, and it only becomes more complicated when you get married. Before you take that big step in New Jersey, it's essential to understand both the positive and negative financial implications of marriage. New...
Financial mistakes to avoid when splitting assets in a divorce
New Jersey couples facing divorce often have a tough time. The process takes an emotional and financial toll on both spouses. And one of the stickiest situations during a divorce is splitting assets. When you’re divorcing, think carefully about your financial...
The top 5 reasons people seek a divorce in New Jersey
Certainly, couples in New Jersey that go to the altar intend to be together for the rest of their lives. Unfortunately, divorce statistics show that many of these couples are unable to maintain their vows. Realization of underlying incompatibility Most people are on...
How does divorce affect kids psychologically?
Divorce is a difficult time for the entire family. As a parent in New Jersey, during and after your divorce, you might notice that the shift in the family dynamic has an emotional impact on your children. Fear and guilt Depending on your child’s age, they might...
2 ways to minimize your retirement losses in a divorce
Retirement savings are crucial for your stability later in life. The larger your nest egg when you retire, the more comfortable you will be in your golden years. While you may feel confident about buying a new home after your divorce and otherwise rebuilding your...
New Jersey businesses and divorce
It’s not uncommon for New Jersey couples to go into business together. The process of running a business with the person you love can be a very rewarding experience. However, splitting that business in a divorce can be extremely difficult. Even with heightened stress...
Can your ex lay claim to your retirement savings in divorce?
Few assets are more personal or more important to your future than your retirement savings. Your account may represent years of contributions and also possibly employer-matching benefits that increase your cash reserves for after retirement. The closer in age you are...
