In a New Jersey divorce, both spouses are generally responsible for any debts incurred during their marriage. When the court determines the divorce settlement, the judge will include how both marital and separate debts should be handled. Debt division in New Jersey...
Divorce
Financial mistakes to avoid during a divorce
Divorce is always an emotional situation for New Jersey couples, but that doesn’t mean you should neglect important details. Too many people make certain financial mistakes that end up costing them. . Keeping the marital home You might be tempted to keep the marital...
What does a CDFA do?
Spouses going through a divorce may find the process more challenging than expected. One or both partners may have pressing reasons to end the union, and personal safety may rank among them. However, there are other concerns to address during New Jersey divorce...
How do domestic partnerships and marriage differ?
Marriage isn't the best choice for everyone when it comes to finances. Both New Jersey marriages and domestic partnerships have advantages in various circumstances. The difference between marriage and a domestic partnership Sharing retirement benefits is much easier...
Focusing on your children during divorce
If you've made the difficult decision of ending your marriage, there are several ways to have a child-centered divorce if you live in New Jersey. This type of divorce can ease some of the stress and anxiety that can often affect families during and even after divorce....
What are the different types of divorce?
New Jersey couples who wish to get a divorce have different options. There are four types of divorce available. Knowing about them can help when deciding how to end the marriage. Uncontested divorce An uncontested divorce is one of the easier types. It’s possible for...
What should you do prior to filing for divorce?
New Jersey residents who want to get a divorce have serious thinking to do. There are certain steps you must take before you file with the court. Know that it’s what you truly want In the heat of the moment, it’s easy to get caught up in your emotions and tell your...
What do you need to do when preparing for divorce?
New Jersey residents often feel frazzled when their marriage is ending. While you might not know what to do first, it’s important to take certain steps when preparing for divorce. Gather your financial records You should immediately gather all of your financial...
Divorce and legal annulment: two options to end a marriage
Couples in New Jersey seeking to end their marriage have two options: divorce and legal annulment. While both these options end the union, there are differences between them, including when couples are eligible for one or the other and the evidence that must be shown...
Divorce might affect how much you receive from Social Security
Retirement is one of the things married couples often plan together and look forward to. But as some couples in New Jersey discover, it is also one of the tougher things to address when the marriage does not work out. Divorce can affect how much you receive from...