Posts tagged "Divorce"

Divorce misconceptions involve spousal support, need for attorney

The dissolution of a marriage in New Jersey is never easy to navigate, and the more wealth a couple has accumulated, the tougher it can be. Unfortunately, some misconceptions related to divorce can make the process even more complicated. A couple of major divorce-related misconceptions involve spousal support and the need to hire an attorney.

Property division can be complicated during divorce

Getting divorced is one of the most challenging events an adult can experience. Unfortunately, sometimes divorce is inevitable due to irreconcilable differences between spouses. A couple of tips may help with dealing with the financial part of getting divorced, which can be just as complicated as the emotional aspect of a marital split-up.

What to pay attention to in a gray divorce

After 20 or more years of marriage, some couples realize they remain unfulfilled and thus embark on the process of getting divorced. In these situations, which often occur among those who are 50 years and older, funding requirements may become more challenging. A few tips may help with preparing for the financial aspect of a later-in-life divorce, or gray divorce, in New Jersey.

Negotiation may make divorce easier

Generally, nobody in New Jersey walks down the aisle with the expectation of later getting divorced. However, unfortunately, sometimes divorce is simply inevitable. Although being emotionally prepared for this type of family law proceeding is important, being financially prepared is just as critical.

Divorce issues more sobering when complex assets involved

Every New Jersey divorce situation is unique. There are no two individuals alike and when their unions dissolve, the processes required to settle the range of issues -- from temporary support, child custody and support, perhaps even pet custody and support – are exclusively their own. Because of the region we are in – somewhat inland but near the shore – there are couples at all income levels.

How can I know if I will pay or might receive spousal support?

There was a time, not too long ago, when the presumption was that if a married couple divorced, the man would be on the hook for paying support, or alimony, to the woman. That model of spousal support was based on the notion that the man typically provided the main source of income to the family. It also didn't assume that the woman should be put into the situation of having to be self-supporting.

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