Can I Stay in the Family House After My Divorce?
New Jersey is an equitable distribution state, meaning marital property is divided in a manner the court deems fair. This includes the marital home, assuming you and your spouse purchased it while married. Depending on the circumstances of your divorce, you and your spouse may decide to sell the marital home and split the profit …
How Will My Divorce Impact Me as a Stay-at-Home Mom?
If you and your spouse made the mutual decision that you would stay home and take care of your children, the decision may have involved making certain financial sacrifices. However, if you are in the process of getting a divorce, there is a unique set of personal and financial challenges that you should be prepared …
Downsizing After Divorce
As a married couple with a joint income, you probably shared your household expenses, from mortgage payments and utilities to groceries and family vacations. If you are going through a divorce, you may need to make significant financial adjustments as you transition to a single income and additional expenses. While this can be an overwhelming …
Should I Change My Will After My Divorce?
If you and your spouse are going through a divorce, there are important decisions that must be made. If you have a last will and testament, a divorce should prompt you to revisit this document to ensure your estate plan is updated. An experienced lawyer can assist you with this process. Once a divorce decree …
Common Mistakes During a Divorce
Divorce can be a complicated process to navigate. Complex issues will need to be resolved, including spousal support and the distribution of marital property. While it can be challenging to set aside your differences to resolve your issues and work towards a mutually agreeable divorce agreement, it is in both of your best interests. Unfortunately, …
How Can I Find Out If My Spouse Is Hiding Assets During Our Divorce?
Going through a divorce can be a complicated process. If your divorce is amicable, you and your spouse may be able to resolve key issues like custody, spousal support, and the distribution of marital property without going to court. However, if your divorce is contentious, reaching an agreement on these issues can be difficult. Things …
What Is a Sleep Divorce?
If your partner snores, tosses, and turns all night, or the two of you have very different preferences when it comes to the temperature of your room, you may benefit from sleeping apart. This is known as a sleep divorce, and it is gaining in popularity, according to a survey from the American Academy of …
Does Sudden Wealth Contribute to a Divorce?
There are several reasons why couples get divorced, including infidelity, lack of commitment, and unrealistic expectations. While couples often experience marital stress when having trouble making ends meet, a sudden and significant increase in income can also cause couples to divorce. Researchers from New York University, Stockholm School of Economics and the University of Barcelona …
How Is Inheritance Divided in a Divorce?
If you have inherited property or other assets of significant value, you must take the necessary steps to ensure that your inheritance is protected if you and your spouse get divorced. While all marital property is subject to the equitable distribution rule in New Jersey, inheritances are generally considered separate property, meaning they are not …
What Are My Options if I Cannot Afford a Divorce?
Divorce can be costly, mainly if you and your spouse cannot agree on key issues. Fortunately, there are options available that can make the divorce process more affordable, even if you have limited financial resources. The following are examples of steps you can take to obtain a divorce if you cannot afford to hire a …
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