Division of Assets

How Do You Protect Your 401(k) in a Divorce in New Jersey?

Posted on by Accel Admin
A divorce takes both an emotional and financial toll, as the parties sever two lives once inextricably entangled. Among other considerations, you and your spouse will have to come to an agreement on how to divide all of your assets. This agreement should include retirement accounts like a 401(k). Aside from dividing them equitably, you will also have to figure out how to minimize taxes or you will lose even…Read More

How Do You “Divorce” When You Are Not Legally Married in New Jersey?

Posted on by Accel Admin
Over the past two decades, divorce rates have steadily declined. At the same time, the 2020 Census noted that one-third of Americans between twenty-five and fifty-four years of age, including those in long-term committed relationships, had never gotten married. That is due in large part to changing societal norms regarding marriage and cohabitation as well as the economic and social benefits of not tying the knot. Nonetheless, you and your…Read More

How Do You Divide Money During a Divorce in New Jersey?

Posted on by Accel Admin
Divorces can be messy, especially when it comes to the couple's finances. Indeed, disentangling your finances from your former spouse's can become incredibly complicated, particularly in light of state laws, beneficiaries and dividing assets. If you find yourself needing to divide your money during your New Jersey divorce, you need to cover your bases and recover your assets. For more information on this subject, please continue reading, then contact an…Read More

How Does a Shared Business Affect a NJ Divorce?

Posted on by Accel Admin
Equitable marital assets and debt distribution are second only to child custody in contentious divorce matters. This equitable distribution may be further complicated by the two parties in a divorce sharing a business. If you and your spouse co-own a business, please read on, then contact one of our experienced business division and divorce attorneys in Bergen County, NJ to learn how a shared business affects a divorce in NJ.…Read More

What You Should Do if Your Spouse Won’t Sign Divorce Papers in NJ

Posted on by Accel Admin
If you are encountering difficulties in your divorce, please read on, then contact one of our experienced Bergen County divorce attorneys to learn what you should do if your spouse will not sign divorce papers in NJ. Can you still get a divorce if your spouse refuses to sign the papers in NJ? First and foremost, you should reach out to one of our skilled Bergen County, NJ family law…Read More

Saving Money in a Divorce in New Jersey | What You Should Know

Posted on by Accel Admin
The average divorce in the Garden State costs between $4,500 and $5,000, but only if there are no contested issues. Having one dispute can jump the expense to $6,500 to $7,500 and two or more contested issues can set you back $11,000 to $13,000. As you can see, divorce can be expensive. But it does not have to be. How then might you save money during a divorce? The answer…Read More

Can A Divorce Impact Your Inheritance in New Jersey?

Posted on by Accel Admin
You have given all that you have in order to preserve your marriage, but it is not enough. For your own private reasons, you need to file for divorce and separate from your spouse. There is no shame in admitting that. However, even if you do not have children, dividing your lives will be a difficult and time-consuming process that could drag on for years. Complicating matters even further, you…Read More

What You Should Know About High Net Worth Divorces in New Jersey

Posted on by Accel Admin
A divorce is an exacting process even under the best of circumstances. But in high net worth divorces, in which both former spouses have so much at stake, the tension ratchets up even further. If you want to protect your assets, please read on, then contact one of our skilled high net worth divorce attorneys in Bergen County NJ to learn what you should know about high net worth divorces…Read More

The Differences Between Contested and Uncontested Divorces

Posted on by Accel Admin
Popular culture is rife with examples of truly acrimonious divorces. But that isn’t always the case. If you’re in the process of a divorce, please read on, then contact our experienced contested divorce attorneys in Bergen County, NJ to learn more about the differences between contested and uncontested divorces. What are the differences between contested and uncontested divorces? A contested divorce means that the spouses oppose or challenge each other’s…Read More

How is the Value of Luxury Assets Determined? | New Jersey Divorce

Posted on by Accel Admin
In some marriages, spouses will have certain assets that are valuable and will be considered luxury assets including items such as the following: collector’s items, vacation homes, fine art, recreational vehicles, club memberships, and more. When this occurs, it is important that these assets' values are determined before they are divided between spouses. To learn more about how the value of luxury assets is determined in New Jersey divorce, continue…Read More

Read Our Latest Blog Posts

  •  What Happens To Student Loans During The Divorce Process?

    A spouse's financial status can change drastically throughout the process of a divorce. Not only is martial property divided between both parties, but some debts may be split between spouses too. Many divorcing couples wonder what happens to student loans throughout the divorce process. Our knowledgeable law firm has all…
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  •  What Should I Consider When Hiring A Lawyer For My High-Net-Worth Divorce?

    The divorce process can be complicated because divorce often impacts many different areas of a spouse's life. Often, the financial side of the process is particularly stressful because there is a wide range of considerations that the couple must keep in mind. Therefore, it's no surprise that high-net-worth divorces come…
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  •  What Are The Most Common Financial Mistakes During A New Jersey Divorce?

    The financial side of the divorce process can be complicated for many divorcing couples. Consequently, spouses often worry about the most common financial mistakes that people make during this difficult time. No need to panic because our law firm is here to help! This blog discusses the various financial mistakes…
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