Executive pay packages are often a major point of conflict in many high-asset divorces in New Jersey. These awards often reflect both marital efforts and post-separation performance and can complicate property division and support payments. When you or your spouse...
Property Division
5 debts that can complicate your divorce settlement in New Jersey
When you start thinking about divorce, the house, savings accounts and retirement funds usually take center stage. Debt rarely gets the same attention, and that gap can be costly. New Jersey is an equitable distribution state, meaning courts divide marital assets and...
Preserving retirement funds when dividing property during divorce
Spouses who have worked diligently and made intelligent financial decisions may have an extensive marital estate. They may own real property and vehicles. They may also have well-funded retirement accounts intended to support them during their golden years. People...
Are 401(k) penalties unavoidable when professionals divorce?
Many professionals establish 401(k) accounts when starting new positions. Especially when their employers make matching contributions, setting funds aside for retirement while working may be a smart decision. Contributions to 401(k) accounts diminish a working...
Is a business marital property when an owner divorces?
A successful small business or professional practice may represent years of investment. A company can also be the main source of revenue for the person who started the company. When business owners and successful professionals start considering divorce, they naturally...
Does leaving one’s marital home mean giving up accrued equity?
People preparing for divorce can make mistakes that affect their finances for years. It can be difficult to make rational decisions instead of letting emotions dictate conduct. It can be ever more challenging to make sense of all of the half-true stories and...
How can people protect their retirement savings during a divorce?
Married couples typically develop their retirement plans based on two people saving for and sharing their expenses during their golden years. However, not all marriages last until one spouse dies. It is relatively common for couples to divorce. Their retirement...
Is your inheritance marital property?
If you’re going through a divorce, you know that you need to divide marital property. Both you and your spouse own this property together, so you have to split it up. Separate property, on the other hand, is just owned by either you or your spouse, and you can...
4 factors considered during equitable distribution in New Jersey
Property division is one of the most important parts of any divorce. In New Jersey, this process is called equitable distribution. It does not always mean assets are divided equally. Instead, the court focuses on what is fair based on several factors. Equitable...
How are intellectual property rights divided in NJ divorces?
The rise of New Jersey tech startups and creative industries has brought intellectual property rights to the forefront of many divorce cases. These valuable assets, from software innovations to artistic works, need careful review during property division. What...
