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Family Law Archives

New Tax Law, New Divorce Plans: When to consider a trust

Uncle Sam plays a role in pretty much any financial transaction that happens inside the United States -- even in some that happen outside of our country, but that is fodder for a different post. This post focuses on the role the Internal Revenue Service (IRS) plays in divorce.

Protecting Your Role as a Parent After Divorce

New Jersey parents want nothing more than to retain strong relationships with their children after divorce. The end of your marriage does not mean an end to your role as a loving and active parent, and you have the right to protect that. Fighting for your parental rights may continue well after your divorce is final.

What happens to a business when the owner gets divorced?

Divorce results in the division of marital property. When a divorce involves a business owner, the business may be subject to division. Business owners can take steps to avoid this, such as the use of a prenuptial or postnuptial agreement. However, absent a business owner's active attempts to keep the property separate, the business will likely be subject to division during divorce. 

Starting a blended family? Tips for a successful transition.

More and more couples are finding love a second time. Whether the first relationship ended due to divorce or death of a partner. A recent study by the Pew Research Center finds that the vast majority of individuals over the age 55 find love a second time. 67 percent of these individuals, to be exact.

Lesson from the Bezos divorce: Protect your business interests

Amazon founder and CEO Jeff Bezos recently announced his divorce from his wife of 25 years. Whether the owner of one of the highest valued businesses in the world or just getting a start-up going, this divorce provides a very important lesson to business owners -- protect your business interests.

Ho, Ho, Hold That Bill! Divorce & Financial Infidelity.

It is not uncommon for one spouse to rack up a credit card bill or other form of debt when going through a divorce. This individual may think he or she can get some extra purchases in on their future ex’s tab. Unfortunately, this can become even more common during the holidays. The desire to buy gifts for family, friends and co-workers can make anyone push their monthly budget to breaking point. Add in the temptation to have an ex pay the bill and overspending can quickly get out of control.

Divorce in New Jersey: The Basics of the CIS

Divorce is a creature of state law. As such, the exact process used to navigate a divorce will vary in each state. In New Jersey, those who go through a divorce generally need to complete a Case Information Statement (CIS). The court will use this form to help guide the asset division determination portion of the proceeding.

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