Gray divorce refers to a couple in their 50s or older deciding to end their marriage. It is a growing trend in the United States. According to Advisor Magazine, frequent reasons given for it include a lack of personal fulfillment combined with longer life...
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Divorce
3 options for dividing a business in a divorce
When you and your spouse divorce, you must divide the property that you own together between the two of you. However, what if you own a business together? There are several different options available to you for dividing a business in a divorce. The American Bar...
Can you cash out your portion of your 401(k)?
While your upcoming divorce in New Jersey no doubt brings with it a certain level of relief (due to the end of your marital tensions), it also introduces a fair amount of uncertainty into your life. This is especially true if you were not the primary income earner in...
Investment accounts and divorce
When people get a divorce, they have to divide their investment accounts between them. There are several things that people should consider as they prepare to divide their investments. Before spouses decide who will keep each account, they should take stock of what...
What are signs of hidden assets?
When going through a divorce, you will likely have quite a few potential hurdles to focus on. Some of them are more obvious than others. Some get more attention than others within the divorce community, too. One such issue may present in the form of hidden assets....
Is divorce mediation an option for complex financial matters?
You and your spouse have worked hard throughout your lives to build a solid financial foundation. Now that your marriage is coming to an end, you may have some concern about receiving an equitable share of the marital estate. This may be especially true if you have...
Who gets the pets in a divorce?
Anyone with a pet knows the joy and happiness they bring into your life. You also know how hard it would be to even consider letting go of your pet. Unfortunately, this is a very real concern for divorcing couples, who must make painful decisions when it comes to...
Control the outcome of your own divorce using mediation
Many couples prefer divorce mediation over litigation. For one reason, they are able to control the outcome themselves rather than having to adhere to the decisions of a judge. However, mediation has grown in popularity because the benefits do not stop there. ...
What does equitable distribution entail?
New Jersey law requires you and your spouse to divide your marital property equitably between the two of you when you divorce. But what does this mean? It may surprise you to learn that while an equitable distribution can be a precisely 50/50 one, an unequal...
Telling the kids about a divorce
When parents make the tough choice to get a divorce, they know they must find a way to break the news to their kids. Regardless of the reason for the divorce, the age of the kids or the length of the marriage, this is never an easy thing to do. Moms and dads can find...