Divorce always has the potential to be a challenging and emotionally charged process. More than anything, it often involves making difficult decisions. Compromising on certain matters is often essential to reach an agreement and move forward. In particular, some...
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West Caldwell Law Blog
What happens with retirement accounts in a New Jersey divorce?
The average retirement savings in the U.S. for people ages 35 to 44, according to Synchrony Bank was $254,720 in 2023. This fact is good to know when you find yourself in a divorce. Divorce is a significant life event, and it often involves complex financial matters,...
4 signs you may need a forensic accountant for your divorce
Divorce often involves intricate financial matters. At times, the expertise of a forensic accountant becomes indispensable. These professionals play a key role in ensuring an equitable resolution of financial matters. 1. Complex financial transactions If you find...
Who gets the summer home in a high-asset divorce?
When high-net-worth couples decide to part ways, the division of their assets can become a complex process. Among the many assets at stake, the fate of a summer home often becomes a central point of contention. In New Jersey, this picturesque property can take on a...
Safeguarding your privacy during divorce proceedings
Divorce is a challenging process, impacting countless individuals and families each year. According to The American Psychological Association, 40-50% of marriages in the United States end in divorce. Something important to consider is the protection of your privacy...
Possible benefits of parental relocation for children
Parental relocation with children can complicate child custody cases. This is partially because a judge may need to approve the move if one parent contests it. Relocation can also have significant implications for the ongoing relationship between the child and both...
Dating during or immediately following a divorce
Starting a new romantic relationship during a divorce brings with it a whirlwind of emotions. The feelings of excitement from meeting someone new clash with the pain and stress of ending a previous relationship. Every individual has a unique timeline for healing, so...
Strategies for dividing a business during divorce
Divorce can be a challenging process, especially when you own a business. According to a study conducted by the National Center for Family & Marriage Research, approximately 20% of divorces in the United States entail the division of a family-owned business. It is...
When do custody evaluations happen in New Jersey?
Child custody disputes can be emotionally challenging, and in New Jersey, ensuring the best interests of the child is paramount. There are two primary scenarios in which a child custody evaluation may become necessary: at the request of either parent or at the...
Minimizing the effect a divorce has on your standard of living
A New Jersey divorce has significant financial implications. However, there are strategies you can employ to minimize the impact it has on your standard of living. Taking proactive steps helps you navigate this difficult transition while increasing your chances of...