When it comes to mortgage opportunities for divorcees, there are several options to consider. It’s important to note that being a divorcee does not disqualify you from obtaining a mortgage. Your eligibility will depend on factors such as income, credit history, and assets. Here are a few options to explore: Individual Mortgage: If you have […]
One of the most financially responsible things you can do as you enter the workforce is to start saving for retirement. For many people, that means participating in their employer’s 401(k) plan, where employees contribute a portion of their pre-tax income to the plan, and those contributions are invested in mutual funds. Over the years, […]
When a couple divorces, they are obviously free to live their lives as they deem fit, as though he or she has never been married. This may include moving out of New Jersey for a fresh start. When children are involved, however, the decision to relocate out of the state becomes much more difficult, as such […]
Divorce is a major change that can have a significant impact on your life going forward. While divorce can be stressful at times, you may also find that is has many benefits. Financial Advantages Often, when people think about a divorce, they automatically assume it is going to be expensive. However, while divorces do cost money, […]
Going through a divorce can be difficult. When children involved are in the process of being adopted or are in foster care, this can threaten their stability. Since the children are a top priority, it is important that adoptive and foster parents understand the impact that a divorce may have on them. Some of the most common […]
Already a stressful legal process and busy time in one’s life, the divorce process can become even more complicated if you find out you are pregnant. Depending on the circumstances of your divorce and the status of your relationships with your spouse, the pregnancy may cause you to reconsider the divorce and try to work […]
Not all divorces result in a bitter and contentious court battle. In fact, an increasing number of divorcing couples are turning to mediation as a way to resolve important issues like alimony, child support and the division of marital property. This process is also less costly and time-consuming than litigation. In addition, couples are often […]
New Jersey is one of seventeen states that are no-fault divorce states, meaning that when a couple files for divorce in the state of New Jersey, they generally cite irreconcilable differences as the reason that the marriage did not work out. Ultimately, a no-fault divorce is much less time-consuming, costly, and emotionally draining than a […]
In a recent published case, the Appellate Division dealt with the sad circumstances addressing the disposition of the cremation remains and personal effects of a child, who passed away while attending college. In the case of Freedman v. Freedman, the parties were divorced in 2007. Their child unexpectantly died in 2021 at the young age of […]
If your first marriage ended in divorce, and you are in a committed relationship with a new partner, the prospect of getting remarried may feel like a fresh start, and the opportunity to learn from past mistakes. However, according to the U.S. Census Bureau, second marriages have a higher rate of failure than first marriages. […]
