Determining the Distribution of a Personal Injury Settlement in Your New Jersey Divorce Case

August 16, 2023

Distributing Funds from Personal Injury Settlement During a Divorce Can Turn into a Complex Endeavor Because of the Various That Factors that Influence the Process. Getting a divorce can be an exhausting, stressful process, especially when dealing with finances.  Because New Jersey divides the assets using equitable distribution rather than a flat 50-50 rate, separate and marital assets must be determined before anything can be allotted to the spouses.  When it comes to splitting a personal injury settlement, the court […]

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Distribution of Art Collections in Divorce, More Than a Black and White Decision

July 23, 2023

Dividing an Art Collection During a Divorce Can Be a Complicated Process, Since These can be Both Financial and Sentimental Assets Divorce is difficult for a number of reasons, but one reason that is not readily apparent is the division of marital property. Due to the intense emotions a divorce can bring out of each of the parties involved, distribution of property can be extremely difficult. On top of that, there are certain assets that are extremely complicated when trying […]

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Creative Approaches to Handle Joint Credit Card Debt in Divorce

June 13, 2023

It is Important to Have a Clear Notion of the Equitable Distribution Principle When It Comes to Dividing Assets in Divorce, Particularly in Relation to Joint Credit Card Debt in New Jersey When people divorce, they are often surprised at how difficult it is to separate a joint household into separate ones. Aside from child custody and support matters, dividing assets and debts can be overwhelming. All the joint car loans, house loans, and credit card purchases over the length […]

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Financial Strain and Marital Fracture: The Connection

April 5, 2023

The Current Economic and Cost of Living Situation is Impacting Couples’ Decisions, Such as Having Kids, Postponing Marriage, or Getting Divorced in New Jersey It is no surprise that Americans are paying more for just about everything. Inflation was over 9% in June of 2022; by March 2023, it had decreased somewhat.  Stagnant salaries, hiring freezes, layoffs, bankrupt businesses, and outsourcing have weakened earning potential across the board.  College graduates head out into the workforce with anywhere from $120,000 to […]

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Managing Country Club Memberships in NJ Divorce

January 20, 2023

Given That Country Club Memberships Are Viewed As Marital Property, The Parties Involved Must Reach An Agreement Regarding Their Distribution. Country clubs are great places to practice your backhand, breaststroke, dart, or putting skills. Country clubs are private.  Members pay initiation fees of anywhere from $10,000 to $1,000,000 and a yearly fee of $5,000 to $150,000 to enjoy haute cuisine, fine wines and spirits, dance lessons, fitness rooms, and more.  Getting into a country club is no walk on the […]

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