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Categories for: Division of Assets

Divorce Doesn't Erase Your Car Loan Agreement, Our Passaic County Attorneys can
Posted in: Division of Assets Divorce Equitable Distribution

The Impact of a Car Loan on Your New Jersey Divorce

August 5, 2024

Considering the Responsibilities and Pathways to Resolve Joint Vehicle Loans in NJ Divorce Cases There are a seemingly endless array of marital assets to consider when it comes to divorce. Both assets and debts that have been obtained during the course of marriage are subject to fair division in a divorce, as part of New Jersey’s equitable distribution laws. Often, high value marital assets such as the family home, real estate investments, and automobiles involve contracts bearing both spouses’ names; […]

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Challenges and Strategies for Successful Self-Employed Divorce in New Jersey
Posted in: Alimony Child Support Division of Assets Divorce Family Law

Self-Employment Effects on Divorce Matters in NJ

June 25, 2024

Self-Employment and Divorce in New Jersey: Navigating the Legal Challenges for Self-Employed Individuals and Strategies for Success if Your Spouse Works for Themselves Divorce can be a very tenuous period of your life, especially if there are many issues being contested. Finances is a very common issue that is contested in a divorce, and it can get extremely complicated. If a spouse, or soon to be ex-spouse, is self-employed, it could be extremely easy for them to hide the amount […]

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Posted in: Division of Assets Divorce Family Law Finances High Net Worth Divorce

Safeguard Your Medical Practice from Divorce Ramifications

November 30, 2023

After Investing Significant Effort into Building a Medical Practice in New Jersey, Doctors May Face Unwanted Financial Disruptions in the Wake of Divorce Years of medical school, post-graduate studies, residency, specialization, and the Medical Boards lead doctors to a profession they spent years preparing for.  Building a private practice can take years.  It takes a significant financial investment and hard work to accumulate a base of regular patients while attracting new ones.  The infrastructure of the practice location, attractive and […]

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The Family Lawyers at Our Firm Handle Conflict From Lease Interests in a Divorce Process in Passaic County, NJ
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances

Managing Lease Issues in the Context of Divorce

October 25, 2023

Divorce Involves a Series of Complex Property Distribution Issues and Lease Considerations are of the Many Included in the List in New Jersey Divorce can be highly complicated, especially when spouses have major disputes regarding property distribution.  The New Jersey courts apply equitable distribution to provide a division of property and assets with as much fairness as possible.  Money that both spouses earned and saved, joint accounts, and assets such as furniture, cars, and real estate are all subject to […]

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Constructive Trusts Attorneys in Passaic County, NJ
Posted in: Alimony Child Support Division of Assets Divorce Equitable Distribution Estate Planning Family Law

The Role of Constructive Trusts in Family Law Matters

September 29, 2023

Constructive Trusts as a Way to Secure Family Law Financial Obligations Such as Child Support or Alimony in Wayne, Clifton, Woodland Park, Montclair, West Orange, and New Jersey A constructive trust, or Callahan trust, is a court-created legal construct requiring one who holds property through unjust or illegal means, such as theft, fraud, or mistake, to maintain it until it is returned to its rightful owner. It is not an actual trust with a trustee but a legal fiction to […]

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