Divorce can be confusing both financially and emotionally

One of the toughest parts of going through a marital breakup is facing an unknown future. After all, divorce is all about untangling two lives both emotionally and financially so that both parties can go their separate ways. However, having a good idea of one's financial situation may help to make the transition to singe life easier in New Jersey.

Those going through divorce would be wise to examine the amount of debt for which they will be responsible after the divorce. Another important financial move is to calculate any child-related expenses they must cover. For those who have to pay child support or make alimony payments, these are other important costs to add into a new spreadsheet budget as well.

In addition to studying their finances, those navigating divorce may want to pay special attention to their jobs as well. Perhaps they are truly unhappy with their current careers. Now might be a wise time to regroup and possibly explore other job fields that will make them feel more personally satisfied as they deal with the unavoidable negative emotions that come with divorce.

Getting a divorce in New Jersey can be an overwhelming ordeal, but divorcing spouses can feel more in control of the process when they engage in informal negotiations with each other rather than going to trial. During negotiation, the two parties can work toward a mutually beneficial settlement that fairly reflects both sides' wishes and needs. Negotiation tends to lead to a faster divorce resolution than what is possible with divorce litigation, and it is also typically less stressful than going to trial. However, if negotiation is unfruitful, a divorcing couple will have to depend on a judge to decide for them how to handle important matters such as asset distribution to spousal support.

Source: goodmenproject.com, "A Road Map for the Newly Separated or Divorced Man", Tom LaPeruta, Feb. 27, 2018

No Comments

Leave a comment
Comment Information
Email Us For a Response

Get The Help You Need

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Linwood Office
616 W. Ocean Heights Avenue
Linwood, NJ 08221

Phone: 609-365-1199
Phone: 609-457-0922
Phone: 609-926-7700
Fax: 609-926-1848
Map & Directions

By Appointment Only
1011 Atlantic Avenue
Beach Haven, NJ 08008

Phone: 609-365-1199
Map & Directions

Atlantic City Office
2428 Atlantic Avenue
Atlantic City, NJ 08401

Phone: 609-365-1199
Map & Directions

Vineland Office
1055 E. Landis Avenue
Vineland, NJ 08360

Phone: 609-365-1199
Map & Directions

Marlton Office
30 S. Maple Avenue
Marlton, NJ 08053

Phone: 609-365-1199
Map & Directions