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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...
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...
For many years, couples preparing for divorce in New Jersey have opted for mediation when they filed for divorce. Mediation can reduce conflict and eliminate some of the stress that children and spouses alike may feel related to a divorce. It can also help couples...
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...
Perhaps you received a promotion at work that requires you to relocate across the state. Since you are the custodial parent, your young son will relocate with you, but only with the permission of a judge. How will you win the approval of the court? The best interests...
Property division is a main point of interest, and often contention, in a divorce. One primary concern in many contested divorces is what happens to retirement accounts or pensions. Individuals work hard to prepare for life after leaving the workforce, so they...
Divorce can be difficult for minor children, who can feel helpless and confused in the swirl of events. They have no say in the sudden upheaval overtaking their lives or the changes they must face. All of this may result in a negative impact on their mental health,...
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...
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...
A divorce takes time, negotiation and compromise. Absent that, a judge will make decisions that impact the rest of your life. You may consider trying an alternative route to resolve your divorce, such as mediation or arbitration. When all roads lead to divorce,...