One of the most stressful experiences a person can go through is divorce. The financial questions accompanying a property settlement and division of assets can be the most frustrating and confusing part of the divorce process. However, people can protect themselves and their finances during divorce by taking certain steps. Get Organized People need to… Read more »
Yearly Archives:: 2015
QDROs: An Overview of Qualified Domestic Relations Orders
People going through divorce in New Jersey are required to divide their marital assets according to a principle of equitable division, which attempts to divide property fairly – though not necessarily equally – between the divorcing spouses. While most people going into a divorce know that it will most likely involve the division of assets… Read more »
The Costs of Divorce Extend Beyond Court Fees
When people think about the costs of divorce, most focus on attorney’s fees and court costs. What people don’t realize is that the hidden costs of divorce can be far more expensive. Hidden costs of divorce commonly result from changes to income and taxes, alimony and child support payments and adjustments to other assets like… Read more »
As The Housing Market Improves, Couples Gear Up for Divorce
If you have been following the numbers, you probably know that the economy and housing market is slowly recovering. This is great for couples that have been struggling financially; however, it is even better for those who are ready to split. NBC News notes that there has been a sharp increase in the number of… Read more »
The Basics of New Jersey Child Custody Law
Divorce is usually difficult, but divorce with children raises the stakes considerably – not only emotionally and financially, but also logistically. After divorce, your lifestyle and day-to-day priorities will be determined largely by the custody and parenting time, or visitation, arrangements with your ex. Most importantly, while parents have certain legal rights, New Jersey law… Read more »
NJ Protects Jobs of Domestic Abuse and Sexual Violence Victims
On Oct. 1, 2013, a new law took effect in New Jersey that allows a victim of domestic abuse and sexual violence, or his or her close relatives, to take up to 20 days of leave, incrementally by day or consecutively, annually from their jobs in order to tend to medical, logistical and legal needs… Read more »
Seeking Protection From Domestic Violence
Domestic violence is a sensitive, yet prevalent issue that continues to affect families regardless of race, region or economic class. In 2008, more than 70,000 domestic violence incidents were reported to police, resulting in over 21,000 arrests. Aside from police protection, domestic violence victims in New Jersey have a number of resources available to them… Read more »
Partners and Partnerships
For some, finding the perfect partner in life means happiness, fulfillment and … transferring assets. Some entrepreneurs wishing to insulate personal assets from liability for business debts place ownership of all or virtually all assets in the name of their fiancée or spouse. While this plan may work in some cases, it may actually complicate… Read more »
Using Social Media Can Hurt Your Divorce Case
People like to share information about their lives. Online social networking — a platform defined by sharing — gives people ample opportunity. But in some instances, people share too much. This is dangerous for those involved in divorce and family law matters. Adversarial spouses can follow the trail left behind by e-mail, posts, pictures and… Read more »
Employees in New Jersey Receive Leave for Domestic Violence Issues
Domestic violence is a problem that continues to plague the nation. Unfortunately, New Jersey residents are not immune to this form of abuse. In fact, NorthJersey.com recently reported that domestic violence incidents in the state are on the rise. In response to this new trend, a law was passed in the state that allows employees… Read more »