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How can I protect myself financially in a second marriage?

The ability to find a new love after the dissolution of a previous marriage is something that can be a great joy to New Jersey residents. The prospects of a brighter future with a new partner, however, should not allow you to ignore some practicalities before you make the final decision to get married again. Regardless of how wonderful your new partner is, the fact of the matter remains that second marriages can be far more financially complicated than first marriages especially if there are children involved.

Divorce negotiations may change under new tax law

If you are one of the many spouses in New Jersey who is considering whether or not to stay in your marriage or to pursue a divorce, you will want to know about how changes in the tax code might impact you differently this year than next year. Updates to tax laws, deductions and more are not unusual but the recently passed Tax Cuts and Jobs Act may have significant ramifications for divorcing couples.

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Melinda L. Singer, Esquire
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Hackensack, NJ 07601

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