One of the most challenging aspects of a divorce is dividing the assets and liabilities accumulated during the marriage. New Jersey uses an equitable distribution process, which includes debt division. This means that the court divides debt fairly between spouses....
Divorce
3 assets that can be hard to divide during a New Jersey divorce
Couples preparing for divorce in New Jersey typically need to address several important practical issues. The division of marital property can be a difficult process as people prepare for divorce. Certain assets, in particular, can make property division more of a...
Good faith reasons to move with your child after divorce
If you want to relocate after you get divorced, and you're going to be taking your child with you, you may have to have your custody order modified. If your ex also has custody rights, there's a chance that your move could violate those rights. For instance, say that...
Do I have to pay for my child’s college after divorce?
The length of time you pay child support for your child will depend on your case, but did you know that you may end up being obligated to pay a portion of their college expenses? If your child goes to college and is under the appropriate age to qualify for support,...
4 things children want to know about divorce
As a parent, you have a lot of questions about your upcoming divorce. What assets do you own? How long will the divorce take? Do you have to tell the court who is at fault? It's important to seek these answers, but you also want to think about the things that your...
Is keeping your house a realistic goal in your divorce?
They say that home is where the heart is, but it is also where you hold most of your personal wealth if you are like most Americans. The longer you have lived in your home, the more you have paid toward a mortgage and the greater the overall amount of equity you have...
Challenges of ending long-term marriages
The end of any marriage is a trying situation, but there are several challenges that occur when a long-term marriage ends. Considering some of the more common things that you’ll need to address might help you to plan for the split. One of the issues that come with...
When will the courts throw out a prenuptial agreement?
When a couple takes the extra step of negotiating a prenuptial agreement before they get married, they probably have assets they want to protect or have made promises to one another that they need to be able to enforce. Generally speaking, prenuptial agreements in New...
What options do we have for splitting credit card debt in a divorce?
Many couples spend considerable time worrying about dividing valuable assets like their home or cars when they divorce. Fewer concern themselves with who takes responsibility for their collective debts such as credit cards or personal loans. Property division...
Why is the U.S. divorce rate falling overall?
Recent studies have found that the divorce rate in this country is falling. This comes after many fears in previous decades about soaring divorce rates, especially as they relate to no-fault divorce. But couples are now splitting up less often. Why is this happening?...