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 […]
Tag Archive: How Can I Secure Financial Support During my Passaic County Divorce?
One critical component of many divorce settlement agreements is that of alimony, also known as spousal support. Designed to help parties who relied on financial support during a marriage to continue to meet financial obligations after their divorce, and in many cases to pursue job-training and further education, alimony can often be one of the most contested aspects of a divorce due to the relatively open-ended nature of NJ alimony law. However, what happens when this same financially dependent party […]