If you’re a New Jersey parent preparing for divorce, you may be concerned about how this decision will impact your children. Whether the choice was mutual or not, it’s natural to worry about issues like custody, visitation, and New Jersey child support. Seeking guidance from friends or family members... read more
If you or your spouse owns a business, divorce isn’t only personal, it’s financial. In New Jersey, a thriving business can be your proudest achievement. It can also be the most contested asset in a divorce. Whether you own a professional practice, a fast-growing company, or a multigenerational family... read more
Life doesn’t slow down in New Jersey after you tie the knot. After marriage, you may buy a beach house in Cape May, launch a business in Hoboken, or inherit property in Morris County. Whatever the case, your financial life often looks different years after your wedding day. That’s... read more
Key Takeaways A prenuptial agreement is signed before marriage and can define how assets, debts, and spousal support will be handled if the marriage ends. A postnuptial agreement is signed after marriage and can address changes in financial circumstances or clarify property rights. Both agreements must meet legal requirements... read more
Key Takeaways Probate can be avoided in New Jersey by using tools like revocable living trusts, joint ownership with right of survivorship, and payable-on-death designations. Transferring assets outside of probate can save time, reduce costs, and keep your family’s financial matters private. Proper planning with an estate attorney ensures... read more
When one spouse hides income, property, or investments during divorce, they deprive the other spouse of their fair share of the couple’s marital property. Uncovering hidden assets in divorce can be challenging. Fortunately, there are ways to trace hidden property, including cross-referencing various documents and accounts and consulting professionals.... read more
Offshore assets, like bank accounts, investments, businesses, or real estate outside the United States, make dividing property during divorce more complex. In New Jersey, spouses must disclose all of their property, even property held in another country. If the spouses obtained the offshore property during the marriage, it is... read more
Dividing property in a divorce is challenging, especially when it involves digital assets like cryptocurrency and non-fungible tokens (NFTs). In New Jersey, digital assets in divorce must be divided equitably. Dividing digital assets can bring unique complications related to the timing of acquiring the asset, funding or maintenance, asset... read more
Feeling unable to leave a specific area because your child’s other parent lives there can be limiting in many ways. It can prevent you from getting a fresh start and providing a better life for your child. When opportunity knocks, turning it down based on your former partner’s wishes... read more
The divorcing couple that owns a business together has to manage the family and business relationships simultaneously. That typically involves terminating their relationship as well. And if one of the parties owned the business before the marriage, such as a stake in a family business, it means dissecting the... read more
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