Ending a marriage is likely near the top of the list of emotionally challenging experiences. However, even more challenging is the fact that people are advised to put emotions aside and focus on untangling finances and assets. Those in the throes of a divorce in New Jersey may want to avoid talking about it, but important decisions that can determine long-term financial stability need to be made at this important time.
Years ago, many people kept journals to record the highs and lows of their lives. These were usually very private and not offered up for public viewing. Today, however, people in New Jersey and everywhere else want others to know what they did, where they did it and with whom. How times have changed. Updating social media has become part of the daily routines of most people, many of whom do not realise the role this will play in a divorce.
More and more New Jersey couples first establish their careers before they consider marriage. In fact, by the time some couples take that step, they might each have accumulated substantial assets that could even include a residence or other real estate. For that reason, prenuptial agreements have become more common, but some still find it an uncomfortable conversation to have -- maybe because it seems like planning for a divorce even before they are married.
Research indicates that the number of marriages that end among couples over age 50 is more than twice the numbers recorded in 1990. For couples over age 65, the numbers have almost tripled. Thus, any New Jersey spouse who considers a divorce later in life need not feel uncomfortable about it because it happens with increasing frequency. These breakups have even earned a name -- gray divorce.
One of the most stressful experiences any person can go is the ending of a marriage. The secret for a New Jersey person in the throes of a divorce might be to build a professional support team that can relieve the level of stress, allowing him or her to focus on personal, emotional and physical care with the help of a loving support team of friends and family. Along with an experienced divorce attorney, a counselor and others with divorce-related experience can ease the process.
New Jersey spouses may know that ending a marriage takes a lot of careful planning. Decisions and choices made during the negotiations to reach a divorce settlement will affect the post-divorce lives of both spouses and their children. When retirement plans are split, it must be noted that Social Security may only become a sure thing after age 67, so it will not suffice as a primary source of income at a younger age.
For some people, lies and deceit are second nature. Many New Jersey residents will have dealt with such individuals at one time or another, and an unlucky few may be married to such an individual. It may not be inevitable, but there is a very strong possibility that such a marriage will end in divorce. For one man whose marriage was in trouble, involving his brother in his deceit caused problems in his brother's marriage too.
It is usually sad when a marriage comes to an end. For many New Jersey residents facing divorce, this may signify the end of a personal relationship spanning many years. There are some couples who set up in business together, and a divorce may also mean the end of a working relationship.
Discussions about money can bring out the worst in people. While many New Jersey residents think along the lines of "what's yours, is mine" during marriage, this does not necessarily follow when it comes to divorce. The decisions about how to divide assets or debt may be dependent on a number of things.
Most people living in Passaic County and Essex County in New Jersey know that there is currently a stay in place for all divorce proceedings. What does that mean, exactly? For couples who know their marriage is over, this stay means that traditional, court-based divorces are not an option.