When a marriage ends and a divorce is on the horizon, it is time to divide the assets. Unfortunately, some spouses in New Jersey try to conceal assets to gain an advantage during the settlement. While it is important to maintain trust throughout the process, it is...
COMBINING COMPASSION WITH PRACTICALITY
DIVORCE – Property Division
Who gets the pet in a divorce?
When a couple goes through a divorce, the matter of who keeps the beloved family pets weighs heavily. A decision is inevitable. In the eyes of the law, pets are property, which means their custody is subject to property division rules. There is more to know than one...
What is financial abuse in a marriage?
Domestic abuse is when a person you share a home with uses violence, the threat of violence or different manipulation tactics to exert control over another individual. It is an act of extreme cruelty, which is one of the grounds for a divorce in New Jersey. Financial...
Should you keep the family home in your divorce?
Going through a divorce is not only an emotional ordeal but it also requires difficult decisions. Among these, deciding whether to keep the family home is a significant one. Your home might hold many memories for you, but it is important to make a sensible choice for...
Can you sell your assets before a divorce in New Jersey?
Divorce often brings up lots of questions about how to protect your interests and assets. You might wonder whether you can legally sell your assets before the divorce process begins in New Jersey. This idea might seem attractive, especially if you wish to shield...
How is approaching divorce like a business more beneficial?
When entering a marriage, you probably never think about it being a legal contract. The romantic relationship aspect of the process makes it seem quite personal. However, there is a reason why you have to go through the court to get a divorce. Marriage is a legal...
What factors are part of valuing assets?
Before you can begin the process of dividing your marital property in a divorce, you will need to create valuations for each asset. The process of valuing an asset can be complex, especially if your property includes difficult items such as stocks or heirlooms....
What are ways to receive money using a QDRO?
If your marriage has lasted a while, your spouse has probably accumulated money in one or more retirement accounts. So during your divorce, dividing up the accounts using a qualified domestic relations order could be one of your priorities. A QDRO is a court order...
Does it make sense to sell your home before or after a divorce?
While some people in New Jersey want to stay in their homes following a divorce, many others want a fresh start somewhere else. If you include yourself in the latter category, you may be wondering whether it makes more sense to sell your home before or after you...
What are some downsides to keeping a marital home?
Some divorcing couples decide to sell off their marital house. However, your spouse may be fine with letting you have the home in exchange for other assets or a buyout. Still, holding on to a marital home might prove to be more difficult than you anticipated. As the...