After you and your co-parent settle on the notion of divorce, what next? You will need to tell your child. This step may feel harder to some than deciding on the divorce itself. After all, no parent wants to hurt their child. Unfortunately, there is no way to avoid...
High Asset Divorce
How may I protect my assets in the event of a divorce?
On Behalf of Schepisi & McLaughlin, P.A. | Dec 31, 2020 | High Asset Divorce
If you or your soon-to-be spouse are bringing significant assets into your planned marriage, you may wish to consider taking a proactive step to protect your finances in the event of a divorce. Before exchanging wedding vows, you and your future spouse may sign a...
How can a court protect my joint bank account?
On Behalf of Schepisi & McLaughlin, P.A. | Dec 19, 2020 | Divorce, High Asset Divorce, Property Division
If you and your spouse have decided a divorce is in order, you have an interest in protecting as much of your assets as you can. You do not want your spouse to make off with money that a judge would award you in your property settlement. This applies to assets that...
What should you do with your retirement assets during divorce?
On Behalf of Schepisi & McLaughlin, P.A. | Oct 15, 2020 | High Asset Divorce
One of the more challenging outcomes of divorce is the process of reorganizing your finances. You no longer have your spouse providing additional income and if his or her responsibility was money management, that task now falls on your shoulders. As you establish a...
What may I do to keep my New Jersey home during a divorce?
On Behalf of Schepisi & McLaughlin, P.A. | Sep 22, 2020 | Divorce, High Asset Divorce, Property Division
Under New Jersey's divorce laws, property acquired during your marriage divides fairly between you and your spouse. If you wish to keep your primary residence, several factors may require discussion and negotiation. In certain cases, one spouse needs to continue...
Experts recommend using mediation for divorce
On Behalf of Schepisi & McLaughlin, P.A. | Jun 18, 2020 | Divorce, High Asset Divorce
Mediation is a legal alternative to traditional courtroom litigation reserved primarily for civil cases. Over the past two decades, the use of mediation is on the rise, particularly in divorce cases. Couples use mediation for their divorce because of its many...
How can I make high-asset divorce more affordable?
On Behalf of Schepisi & McLaughlin, P.A. | Mar 27, 2020 | High Asset Divorce
If you are preparing for a divorce, you are likely aware that the process is going to be stressful. However, many people do not account for the level of monetary stress that may occur during a divorce. Particularly if you are looking at a high-asset divorce, it is...
Why are more young couples getting prenups?
On Behalf of Schepisi & McLaughlin, P.A. | Jan 4, 2020 | High Asset Divorce
Not every New Jersey couple that ties the knot will remain with their partner for the rest of their lives. No one wants to enter a marriage believing it will end. However, studies show that younger generations are facing that possibility head-on. Business Insider...
Should you join a divorce support group?
On Behalf of Schepisi & McLaughlin, P.A. | Jun 18, 2019 | Divorce, High Asset Divorce
There is a lot you will ask yourself if you ever go through a divorce. You will have questions related to child custody and how you will divide your retirement savings. However, there are some questions you may not immediately ask yourself but are nonetheless...
Tips for divorcing with a high-net worth
On Behalf of Schepisi & McLaughlin, P.A. | Jan 16, 2019 | High Asset Divorce
New Jersey residents may have heard that Amazon founder Jeff Bezos and his wife MacKenzie Bezos are divorcing. What wasn't heard after the announcement was any name calling or blaming. This is because the couple jointly broke the news and are making an effort to stay...
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