A privately held business is usually valued by examining its financial performance, assets, liabilities, income, ownership structure, and future earning potential. Unlike a publicly traded company, there is no daily market price that tells the court exactly what the business is worth. In a high-asset divorce, that often means bringing in a business valuation professional, […]
Yes, a parenting plan can be changed after divorce in New Jersey, but a parent generally cannot just decide to stop following the existing arrangement. A modification usually requires either an agreement between the parents that is properly formalized or a court-approved change. Courts recognize that family circumstances do not stay the same forever. Work […]
Retirement accounts can be divided in a New Jersey divorce when some or all of the retirement benefit was earned during the marriage. This can include 401(k)s, pensions, IRAs, deferred compensation plans, and other retirement benefits. That does not mean the entire account is automatically marital property, and it does not mean every retirement account […]
When someone dies, assets owned solely in their name without a beneficiary designation or survivorship arrangement may need to go through probate. Assets with a surviving joint owner, a valid beneficiary designation, or proper trust ownership may transfer outside probate. Whether an asset goes through probate usually depends on how it is owned, how it […]
Missing a municipal court date in New Jersey can happen for many reasons. You may have forgotten the date, been unable to miss work, experienced an illness, or misunderstood whether you were required to appear in person. Even when the missed appearance was accidental, failing to appear can create additional legal problems. It may delay […]
Bankruptcy can eliminate many common debts, but it does not erase every financial obligation. Some debts are usually dischargeable, some generally survive bankruptcy, and others depend on the facts of the case. Whether a debt can be discharged may depend on: The type of debt Whether the filer uses Chapter 7 or Chapter 13 […]
Planning for the future can feel overwhelming when a loved one has special needs. Families may be managing medical appointments, education, benefits, daily care, and financial decisions all at once. Long-term planning creates a clearer path forward and reduces the chance that important decisions will need to be made during a crisis. Starting early can […]
If you’re worried about an aging parent who keeps saying, “I’m fine,” you’re not alone. Many adult children hear some version of: “I don’t need help.” “Stop worrying about me.” “I’ve taken care of myself this long.” Even when it’s obvious that something has changed, getting a parent to accept help can feel impossible. It’s […]
NIL deals are not just about getting paid. They are contracts that can affect an athlete’s future opportunities, brand control, eligibility, and long-term earning power. Exclusivity is one of the biggest terms athletes and families need to understand before signing. In some cases, exclusivity makes sense. A brand may pay more because it wants the […]
If you are considering divorce and are unsure whether your case is truly uncontested, speaking with an experienced divorce lawyer in New Jersey can help you understand your rights and avoid costly mistakes. Even when spouses appear to agree, important legal and financial issues can arise that affect your future. Quick Answer: Not Always, But […]
