Taking Care of Your Pension Rights after NJ Divorce

May 4, 2022

Pensions and divorce are complex topics for the courts to handle because pensions are rarely exclusively for one spouse. Typically, pensions are commingled as opposed to being entirely possessed by each spouse. Property and accounts obtained prior to the marriage could be considered separate property, but if any of it was used within the marriage, it becomes shared. If you or your spouse has a pension and you are divorcing or considering a divorce in New Jersey, an experienced divorce […]

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Importance of Appraisals for Dividing Property in Divorce

March 29, 2022

Reasons to Get an Appraisal and What to Consider when Splitting Assets and Splitting Up in New Jersey Part of the divorce process is determining the value of the household assets and distributing them in as equitable a manner as is possible.  To complete this process, an expert must often determine the value of the couple’s greatest asset, the family home. This evaluation is called a divorce appraisal, and a professional appraiser usually performs it. It is important to have […]

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We Had Separate Accounts: Does it Make a Difference in our NJ Divorce?

February 7, 2022

There are various factors to consider when managing bank accounts and divorce in New Jersey. In those cases, the support of a skilled lawyer becomes of critical importance. It would make sense to the average person that keeping separate bank accounts during a marriage would protect either spouse from having to share those funds as marital property eligible for equitable distribution in a divorce settlement. Unfortunately, that is not always the case in New Jersey. Equitable distribution does not mean […]

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Decision-Making with Bankruptcy and Divorce in New Jersey

January 12, 2022

Dealing with a divorce is already a stressful situation, and if you add bankruptcy to the mix, things get even harder. Divorce and bankruptcy are often causally related. The common denominator between the two is a fresh start. Both procedures allow the petitioner to clear mistakes or unfortunate events that broke the marriage. Often, money problems lead to divorce, and when one or both spouses contemplate divorce, they may consider bankruptcy to discharge debts they cannot possibly pay or can […]

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Debt Division and Divorce Process

December 3, 2021

Dividing debts is usually a key component in the divorce process in New Jersey. Even in amicable relations, approaches can vary. Divorce is expensive. Not only do you split one household into two, but you also may have to pay other professionals to help you through the process in the best manner possible, like lawyers, accountants, and appraisers, for example. And if you ran up lots of debt during the marriage, expect to take on your fair share of the […]

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