Even when a marriage ends amicably, it is not unusual for the divorcing couple to argue through a couple of issues. Division of marital assets tends to be one of the most contentious issues during the divorce. However, since divorce is often a strenuous and difficult...
Should you keep the family home after your divorce?
When seeking a divorce in Hackensack, New Jersey, you must make decisions regarding your assets and property. In many cases, one or perhaps even both spouses want to keep the family home, especially if they have children. Holding on to a home for the sake of your kids...
What happens to my pension upon divorce?
One of the most challenging aspects of a divorce, for many couples, is resolving their financial ties. That generally means splitting up any assets and debts that are part of the marital estate. Divorce can become particularly complicated if spouses have unequal...
What happens to your pets when you divorce in New Jersey?
Those with pets they love often refer to their animals as their “fur babies.” Even those with human children develop intense attachments to the animals in their family. Those bonds could be at risk during a divorce. You probably already know that the New Jersey courts...
Is your spouse hiding assets?
If you’re getting divorced, you know that you and your spouse have to divide your assets. Technically, you’re both supposed to disclose all of those assets to the court. However, some people try to hide assets so that they can keep them from their ex. Is this...
How will debt be addressed in your divorce case?
Many New Jersey residents who are either thinking about a divorce, getting ready to start a divorce or are in the middle of a divorce case usually have many more questions than answers. Such a life-altering event as divorce demands many answers, but the primary...
What happens with assets and property when cohabitation ends?
Many New Jersey couples live together without getting married. Some want to wait until they have both established their respective careers before tying the knot, while others decide to marry when they start a family, and some never get married. Just like marriages,...
What happens to debt during the property division in divorce?
Going through a divorce is never easy, and some of the most challenging divorce-related procedures involve children and assets. When there are significant debts that form part of the property division process, it becomes even more challenging. New Jersey is a...
The value of a postnup in the division of assets and property
Many marriages in New Jersey are between people who may have already been married before, and they enter into new unions with significant assets already accumulated. If the spouses do not sign prenuptial agreements, the division of assets and property in the...
Division of assets and property when unmarried couples split
Common law marriages are not legal in New Jersey, although many couples in long-term relationships choose not to get married. These relationships can work well, but if unmarried couples split after years of acquiring assets and having children together, the division...