A prenuptial contract, often shortened to "prenup," can be an excellent way to protect each person's rights and interests. But it can also be unfair or invalid in some cases. In marriage contracts like this, various factors could make it exploitative. If such...
Divorce
How are retirement accounts divided in divorce?
On Behalf of Schepisi & McLaughlin, P.A. | Aug 16, 2023 | Divorce, Property Division
As you work to navigate your divorce, you’re likely going to confront several complicated legal issues. Property division is amongst them. While this can be a hard-fought process, the outcome of which will shape your financial standing post-divorce, it can also be...
How might a prenup affect your divorce?
On Behalf of Schepisi & McLaughlin, P.A. | Aug 7, 2023 | Divorce
A prenuptial agreement is a contract that allows you and your spouse to designate ownership of specific assets and obligations should you decide to separate. Depending on how you create your prenup and its provisions, it might help speed up certain portions of your...
Common reasons why people regret divorce
On Behalf of Schepisi & McLaughlin, P.A. | Jul 18, 2023 | Divorce
Although divorce can be a healthy option for many couples in New Jersey who are at odds with one another, new statistical data indicates between one-third and 80% of people may ultimately regret the split from their spouses due to unexpected consequences. When partner...
Money and divorce: Signs of financial infidelity
On Behalf of Schepisi & McLaughlin, P.A. | Jun 16, 2023 | Divorce
Financial infidelity exists when a partner refuses to disclose problematic money situations and behavior that can drag the other partner into a tricky financial position. Finding out about financial infidelity can be difficult, as secrecy and dishonesty can mislead...
Negotiating your divorce settlement
On Behalf of Schepisi & McLaughlin, P.A. | Jun 12, 2023 | Divorce
If you are going through a divorce in New Jersey, you must negotiate your divorce settlement with your spouse. Part of the negotiations will include the division of property. You will also need to address alimony, child support and child custody. You should go into...
Common high net worth divorce challenges in New Jersey
On Behalf of Schepisi & McLaughlin, P.A. | May 12, 2023 | Divorce
High net worth translates to high stakes in any legal or financial negotiation in New Jersey. If you are going through a divorce, it is important to understand the differences between a high-asset divorce and a typical divorce. From complex asset divisions to...
Financial issues may lead to divorce later in life
On Behalf of Schepisi & McLaughlin, P.A. | May 11, 2023 | Divorce
One of the leading causes of gray divorce in New Jersey and elsewhere is financial infidelity. A gray divorce is one involving individuals who are over the age of 55. Financial infidelity occurs when one partner attempts to undermine, control or deceive the other...
Mistakes to avoid in gray divorce
On Behalf of Schepisi & McLaughlin, P.A. | Apr 17, 2023 | Divorce
“Gray divorce” refers to people over 50 filing for divorce. According to studies, the divorce rate among Americans over 50 has doubled since 1990. With that in mind, here are some tips for New Jersey residents dealing with gray divorce. Fighting for the house Many...
How are prenuptial and postnuptial agreements different?
On Behalf of Schepisi & McLaughlin, P.A. | Mar 5, 2023 | Divorce
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...
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