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September 2017 Archives

Avoid these divorce mistakes regarding your family home

Divorcing New Jersey residents may need to face the difficult fact that they will not be as financially secure after divorce as they were in their marriage. If you and your soon-to-be ex-spouse have been living well within your means during your marriage, you will have an easier time adjusting to the financial aspects of life after divorce. That said, the following two financial mistakes regarding your family home could still prove detrimental to your financial security:

New research: Kids benefit from equal time with both mom and dad

Twenty or 30 years ago, the idea of shared physical custody was virtually unheard of. Family law courts in New Jersey and elsewhere traditionally awarded full physical custody to the mother for two primary reasons. First, they believed that the mother should naturally fulfill the role of caretaker. Second, they believed that children would have to endure an argumentative environment full of conflict if both parents needed to work together.

Can I receive more spousal support if I'm returning to school?

One of the most important parts of temporary spousal support involves helping a California spouse have the necessary time required to become financially independent. Part of the process of becoming financially independent from an ex-spouse could involve schooling to assist in finding a higher paying. However, what if you weren't in school at the time of your divorce, and now you want to go to school? Can you ask for an increase in spousal support?

Community property division in New Jersey

Most states use the legal theory of "equitable distribution" to divide the property owned by two spouses, and New Jersey is one of them. This concept means that all property acquired by either or spouse during marriage -- with several important exceptions -- will be divided in a reasonable and fair manner. Although this could result in a 50-50 asset division, it doesn't have to as long as the division is fair.

Do this before you start your divorce

When it's time to get a divorce, you'll know, and the decision probably won't come easily. Most New Jersey spouses spend a lot of time deliberating before they are certain that divorce is their only option. During this deliberation phase preceding your divorce, here are few things to consider.

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