Generally, when couples enter a contested divorce, their property will be broken down into two primary categories: marital and separate property. This blog will address the difference between the two, as well as detail how the equitable distribution process will influence the outcome of your divorce. Please read on and reach out to our experienced New Jersey divorce attorneys to learn more about what we can do for you. Marital…Read More
Divorce is among the most stressful times in a person’s life, and to make matters worse, it is often draining, both emotionally and financially. Because of this, many spouses debate whether they truly need an attorney to help them through the divorce process. The answer, for many reasons, is yes, you will need an attorney, but don’t take our word for it--simply continue reading to learn more about why it’s…Read More
Protecting the Futures of Clients across Ridgewood, Hackensack, Paramus, Teaneck, Fort Lee and Bergen County It's unpleasant to consider what will happen after we die, but if you’re in the middle of divorce or child support litigation and the division of assets, now is the time to start planning for that eventuality. Generally support obligations, alimony or child support, end upon the death of the payer. Whether you eventually pay…Read More
Do you remember that last year (in 2017) Congress passed the largest piece of tax reform legislation in more than three decades? For couples who are separating or divorcing AND who have either high- or low-value assets, the changes are likely to affect your returns for tax year 2018 (the one you’ll file in 2019). If you are divorcing, you may want to know: "Who gets to claim the Dependent…Read More
[caption id="attachment_1820" align="alignleft" width="279"] “Equitable” Property Division[/caption] Probably the two areas of divorce that trigger long-lasting conflicts for separating spouses are children and money. Too often they are areas of continuing stress, even after the divorce is finalized. This article will focus on the second (money) and how property assets and liabilities are divided. First, we’ll clarify the concept of “equitable” divisions and how it applies in New Jersey. We…Read More