How is Life Insurance Divided in a Divorce?

Everyone knows that assets have to be divided up in a divorce, but one potential asset many people forget about is life insurance. If one spouse is holding a policy, it may be considered an asset and it may need to be equitably split. If you are not exactly sure how your life insurance policy could or should be split up, talk to our Bergen County, NJ property division attorneys…Read More

Should I sell my family home before getting a divorce in New Jersey?

When getting divorced, you do not necessarily have to sell your house before mediation or litigation. However, it may be in your best interest to sell your family home before divorce proceedings. This will alleviate some of the stress associated with the division of assets. Please follow along to learn whether you should sell your family home before, during, or after your divorce. In addition, contact one of our seasoned…Read More

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

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?

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?

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?

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

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

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?

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

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

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