Divorce Archives

Social Security benefits impacted by divorce

According to the United States government, most United States workers are eligible for Social Security benefits. However, many individuals in New Jersey who have undergone divorce are not aware of how their marital breakups impact their collection of Social Security benefits in the future. Here is a look at some important Social Security benefit considerations following divorce.

Divorce less common in New Jersey than other states

Based on recent research, close to 50% of marriages throughout the United States end up not lasting. However, divorce is more prevalent in certain states, whereas it is less common in states like New Jersey. Here is a glimpse at why divorce is less common in certain areas and more common in others.

Financial wellness is possible following divorce

Finances remain a central area of concern in every New Jersey divorce. This is because two parties who are going through divorce must identify and then split their marital property. They must also allocate their debt, which can make the process even more stressful. However, a few tips may help those facing these issues to maintain financial wellness going forward.

Cryptocurrency can spark conflict during divorce

During the dissolution of a marriage in New Jersey, a couple may not agree on how to divide their money. One type of currency that may particularly spark debate in a divorce proceeding is cryptocurrency, like bitcoin. The reason for this is that bitcoin and other kinds of cryptocurrency have grown in popularity in recent years.

Divorce may stem from poor counseling, differing belief systems

Researchers indicate that marital dissolution is not happening as frequently today as it has during the past few decades. However, divorce remains an unavoidable reality for many couples in New Jersey and elsewhere. Survey responses indicate that two factors that are contributing to some divorce situations are insufficient premarital education and belief system differences.

Gray divorce can happen for several reasons

The number of individuals who are getting divorced at older ages is on the rise throughout the United States, including in New Jersey. This is occurring even though the marital dissolution rate has dropped over the past couple of decades. Here is a glimpse at some of the most common reasons for divorce that occurs later in life, or gray divorce.

Marital home can be source of conflict during divorce

Going through the marital dissolution process is often a stressful experience. One of the major points of contention among divorcing spouses is how to handle the family home. Here are a couple of options for addressing the family home during a divorce in New Jersey.

Divorce process does not have to be hostile in New Jersey

Getting divorced can be a tumultuous time for the entire family. When the two parties getting divorced are experiencing anger, this can make the divorce process even harder to stomach. However, a few tips may make it easier for people to experience relatively peaceful marital breakups in New Jersey.

The pain of divorce can be minimized

Couples in New Jersey usually do not enter marriage expecting to later break up. However, according to research, between 40% and 50% of United States married couples do get divorced. Even though divorce can understandably be challenging, some tips might make the process less painful for those involved.

Divorce can be complicated for business people

Business people in New Jersey usually do not get married believing that their marriage will come to an end one day. Unfortunately, sometimes, divorce is inevitable. Here are a couple of steps people can take to protect themselves in the event that they get divorced.

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