When you decide to pull the plug on your New Jersey marriage, you have to file a document known as a Case Information Statement within 35 days of making your divorce filing. The document contains a multitude of important information about your earnings, assets,...
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Divorce
Dividing executive compensation during divorce
Divorce can be complex enough when the only financial assets are the family home, cars and bank accounts. Executives and business leaders tend to have properties that are much more complicated. Dividing these assets during a divorce is an act of balancing the...
Business partnerships that survive a divorce
Some marriages come out of mutual respect and youthful passion. When the latter fades away, the former might still survive. This is especially common among so-called business power couples. These people create empires together, but, upon careful consideration, might...
Organizing your finances helps to streamline property division
If you and your spouse have decided to end your marriage, the property division phase of your divorce is the next big hurdle to clear. You may feel overwhelmed when faced with property division but preparing your finances in advance will make the process go much more...
Can economic mediation help control high-asset divorce costs?
The more assets you have, the more complex and costly the task of sorting through the financial aspects of your divorce will be. In the state of New Jersey, the courts will require many couples to participate in economic mediation. What is this and can it help to...
3 options for dividing the family business in a divorce
When it comes to the property division phase of your divorce, your family business may well be the most significant asset. There are three main options to consider with respect to the disposition of your business. 1. Sell the business outright Selling the business may...
What is community and separate property?
When going through a divorce, you will have to deal with the division of assets. This is often one of the most difficult parts of the divorce for many people. To understand asset division better, it is important to understand community and separate property first and...
Mental illness and divorce: 3 tips for co-parenting
Divorce can trigger or worsen symptoms of many mental illnesses, such as anxiety and depression. While you may find this a cause for worry, GoodTherapy notes that diagnosis alone cannot affect your rights to child custody or visitation. Whether you or your ex-spouse...
What is wasteful dissipation in a divorce?
Divorce proceedings all too often lead to fights over marital property. As couples brace themselves for a major life adjustment, they may alter their financial habits. While one partner may try to save to prepare for the cost of litigation and a lifestyle with one...
Does wealth add antagonism to divorce?
Popular myth states that wealthier couples will usually fight more often and fight in more extravagant and angry ways. While the logic behind this myth may make sense at first, it begins to fall apart when looking at the details more closely. Wealth and arguments in...