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Most people are now familiar with mediation as a form of alternative dispute resolution. People usually think they have to choose between the court process or mediation regarding divorce. However, even though it is true that a divorcing couple can choose to use...
Premarital agreements are common in New Jersey when people want to protect themselves prior to a marriage. Often, these involve significant assets. While there is a general belief that the agreement will be enforced and adhered to, that is not always the case. Those...
After a relatively stable 2022, the national real estate market is in flux, stocks and bonds prices dropped and a recession is possible. This situation poses three complications for couples ending their marriages this year. The family home Post marriage ownership of...
Earlier in 2022, Tom Brady and Gisele Bundchen efficiently and quietly divorced. They were able to keep their dissolution under wraps until it was completed—a rare feat by celebrities. Their divorce benefited from a prenuptial agreement, mediation and putting their...
Not all marriages withstand the test of time. The thought of divorce often enters the minds of some spouses prior to their union or soon after they said, "I do." Although there is nothing romantic about discussing divorce, it can be very beneficial to consider this...
Spouses need to divide their marital property as well as the rest of their lives during a divorce. Under New Jersey law, the marital property consists of almost everything that either spouse obtained during the marriage. Whose name is on a title or on an account does...
Child custody is a common topic for disagreement in a New Jersey divorce. While this is of critical importance to many parents, the issues surrounding it often go beyond which parent will be the primary custodian and live with the child the bulk of the time. Under...
According to one major study, after their marriages terminated, women over age 50 saw a 45% decline in their standard of living while men’s standard of living fell by 21%. This illustrates that financial planning is an important issue for divorced couples. Getting...
Couples typically combine their assets and finances during marriage to simplify bill paying and other financial matters. But this can cause complications when they decide to end their marriage. Addressing this problem requires planning. Assets Determining who owns...
Going through a divorce is usually a complicated, emotional process. Dividing your property and finances can quickly become extremely complex, and some couples even stay together just to avoid this. High-asset divorces in New Jersey bring additional challenges. There...