On behalf of Schepisi & McLaughlin, P.A. | May 19, 2020 | Divorce
Couples often maintain separate bank accounts during a marriage. It can be a good way to prevent arguments over money and allows you each to maintain your own finances while also contributing to the household finances. However, it is not an ideal way to protect your...
On behalf of Schepisi & McLaughlin, P.A. | Apr 17, 2020 | Divorce
When going through a divorce, dividing assets may be a tough task to tackle with your ex-spouse. Knowing what items count as separate property can help both of you amicably choose what to keep and what to share. Definition Items that legally belong to only...
On behalf of Schepisi & McLaughlin, P.A. | Sep 19, 2019 | Divorce
A prenuptial agreement in New Jersey provides couples with a way to separate marital property upon divorce. As known as premarital agreements, these are legally binding agreements. In order to ensure that they are valid and legally binding, however, there are rules...
On behalf of Schepisi & McLaughlin, P.A. | Sep 19, 2019 | Divorce, Property Division
Prenuptial agreements are legal documents that set forth the guidelines for how property and assets are distributed in case of a divorce. Newly married couples should not buy into the myth that to prepare a prenup is to imagine the marriage ending. Prenups are simply...
On behalf of Schepisi & McLaughlin, P.A. | Jan 9, 2017 | Divorce
Getting divorced involves various complications and difficulties including the distribution of assets. Have you thought about your marital debts? Debt is treated as an asset in a divorce. If you do not know what debt you will be responsible for after the divorce, it...
On behalf of Schepisi & McLaughlin, P.A. | Nov 2, 2016 | Divorce
As you may be learning from experience, the divorce process can be incredibly stressful. Not only can a divorce be emotionally distressing, but it can also have a negative impact on your finances. If you’re not careful, you can make mistakes that will impact...
On behalf of Schepisi & McLaughlin, P.A. | Jul 20, 2016 | Divorce
Divorce is one of the most challenging aspects of the human experience. It’s even more difficult for parents who have to explain to their children that Mommy and Daddy are parting ways. Many parents struggle to find the right way to tell their kids. However, the...
On behalf of Schepisi & McLaughlin, P.A. | May 24, 2016 | Divorce
Getting a divorce can take an emotional and physical toll on a person, but it can also take a financial toll. Often, the biggest financial hardship is placed on the woman, especially if she has been dependent on her husband for income and support. Even women who work...
On behalf of Schepisi & McLaughlin, P.A. | Aug 6, 2015 | Divorce
In New Jersey, if you decide to get a divorce, the marital property is divided equally between you and your spouse. Although many assume that this is a 50-50 split, circumstances may warrant giving more property to one spouse over another. Because of this, some...
On behalf of Schepisi & McLaughlin, P.A. | Apr 13, 2015 | Divorce
If you are considering a divorce, you may associate the divorce process as a drawn-out affair full of bad feelings and acrimony. Although this may be true for some, thankfully, your divorce does not necessarily have to be that way, as in New Jersey, you have the...
