Divorce

When a couple gets divorced, one topic that often comes up is alimony, or spousal support. This is often an issue when there is a large discrepancy in earnings between the two spouses, as the higher earner was financially supporting their partner during the marriage....

For both men and women, some reports indicate that their standard of living is likely to drop after divorce. This is especially true for those who are 50 years old and older. According to one study, a woman’s standard of living could decline by 40 percent, while a...

Dividing assets in a divorce can feel complicated. If you own a business, placing a value on "goodwill” can be challenging. If you own a business in New Jersey, placing a value on "goodwill" can be challenging. Courts generally consider both your personal reputation...

When one spouse spends marital property for personal reasons or on things unrelated to the family’s needs in the lead-up to divorce, it can affect how the marital estate is divided. Common examples include gambling, extravagant purchases or giving away money without...

It is often said that divorces rise in January, with some referring to it as “Divorce Month." It sounds logical, as many people like to take advantage of the changing of the calendar year to make big changes in their lives -- and there's nothing quite as...

If your ex is living with someone new and you’re still paying alimony, it’s natural to wonder whether that’s still required. New Jersey courts don’t end support automatically when living situations change, but there are specific situations where you can ask them to....

Divorce is often seen as a young person’s game, something that happens in the messy middle of raising kids and building careers. However, more couples are choosing to part ways later in life, often after decades of marriage. This phenomenon, known as "gray divorce,"...

We often hear people say that “half of all marriages” end in divorce. It may surprise you to hear, but the divorce rate according to the Center for Disease Control is down. The divorce rate in New Jersey, according to the National Center for Family and Marriage...

Finances are often a source of strain between spouses. Even those who are comfortably well off can fight over money when one spouse prioritizes saving and investing for the future and the other always wants the newest, the biggest and the best of everything.  When one...

Gray divorce is becoming more common in New Jersey and your adult children might feel more surprised than you expect. You might assume they handle the change easily because they live independently. However, they could experience emotional challenges, financial...