Prenuptial and postnuptial agreements are only as good as their ability to be enforced in a court of law. It is important to understand that New Jersey has several distinct requirements which must be met in order to make your marital agreement valid. Many of these stipulations are not obvious, and failure to meet them may result in your prenuptial or postnuptial agreement being invalid. Today, our prenuptial and postnuptial agreement attorneys will discuss what is…Read More
As with any type of legal contract, divorce agreements are worth nothing to either party if they are not able to be legally enforced. There are a wide array of complex financial and personal issues which can be addressed through a settlement or divorce agreement including alimony, child support, child custody, division or marital assets, and much more. In order to write a solid and enforceable divorce agreement, it can be invaluable to work with…Read More
Many divorce agreements or agreements between unmarried parents involve child support terms. As children grow older, it is possible that a parent might prefer to have their child support payments go directly to their child rather than to the other co-parent. However, there are certain conditions which must be met for this possibility to become reality in New Jersey. Today, our divorce and family law attorneys will be discussing when parents may be able to pay child support directly…Read More
Many of our Bergen County clients are hesitant to enter into a prenuptial agreement before they marry. Obviously at the time of the marriage, it is pretty difficult to imagine a scenario where you would ever want to divorce your future spouse, but the fact of the matter is that people change, times change, and having a prenuptial agreement in place before your marriage is a smart and prudent step…Read More
The decisions that go into planning a wedding can seem endless. Complicated choices from whom to invite, the date, and the venue can be difficult. One planning decision that should not be difficult, however, is deciding to create a prenuptial agreement or not. Often people dismiss or undermine the importance of a premarital agreement because they cannot fathom divorcing the person they are about to marry. While it might seem out of…Read More
The division of personal property (furniture, collections, artwork, etc.) as a result of a divorce is an issue that many times is discussed last. Most parties (and some practitioners) assume that the parties should be able to divide their personal property on their own or have done so by virtue of their separation. But many divorcing parties find the process difficult and require some guidance. Questions frequently arise. For example,…Read More
Among the most prominent trends in divorce over the last ten years has been the later-stages of life at which spouses are choosing to separate and divorce. When you choose to divorce later in life, issues involving retirement accounts, pensions, and social security benefits become increasingly salient. Understanding your rights and responsibilities with regard to these critical components of your financial life is essential to maintaining a secure financial future.…Read More
As tax season approaches, questions about the tax implications of your New Jersey divorce will undoubtedly arise. Whether you are separated, currently involved in divorce proceedings, or newly divorced, the decisions that you make during this time are extremely significant. In this article, we will outline the various factors to consider when handling your taxes, preparing you to make informed decisions that serve your financial best interests. Filing Status Your "filing status"…Read More
If you are currently involved in, or have recently completed the divorce process, a change in your financial situation is inevitable. Financial considerations are a critical component of every divorce, encompassing issues such as alimony and spousal support, division of assets, and child support, if applicable. These issues, once resolved, will transform your financial situation from one unit to two separate individuals, each of whom are now responsible for planning for their financial…Read More