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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...
When couples undergo divorce, they usually seek assets such as their home, retirement accounts and vehicles. But spouses should consider seeking other valuable assets. 529 plan Spouses also place money in a 529 plan to finance their children’s college education....
In New Jersey, property is equitably divided when a couple decides to divorce. Property division is conducted according to equitable property division rules so the question becomes what is equitable and how does the divorce court decide what is equitable. Several...
When a wealthy New Jersey couple decides to end their marriage, both spouses will have intense concerns about dividing their assets. In most cases, dividing the value of the family home will be the most contentious issue the couple faces. Each of them probably has a...
If you’ve started the divorce process, then you understand you will have to move through the property division process. Assets you once shared with your spouse will no longer remain the same. In New Jersey, courts follow equitable distribution rules as they handle...
The marital home is a common point of contention for couples in New Jersey going through the divorce process. In some cases, the fight is so bitter that courts get involved and end up ordering the property sold and the proceeds split. Other times, one party may agree...
When a woman gets divorced, her income falls by about 20 percent on average. When a man gets divorced, his income goes up by about 33 percent on average. However, there are steps that women in New Jersey and around the country can take to help secure their retirement...
Children of some wealthy families in New Jersey may face pressure from their parents to create and sign a prenuptial agreement. This is often not because of any issue the parents have with the child's future spouse but simply an effort to keep the family wealth from...
