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July 2017 Archives

Don't let property division derail retirement planning

Planning for retirement is a top priority for many New Jersey residents. Setting aside money to ensure a comfortable and secure retirement is important, and is a goal that many people work toward for the majority of their adult lives. Losing a significant portion of that investment during the property division process can be devastating. The following tips can help spouses make decisions that are in line with their retirement goals.

One state has legislated collaborative divorce process

Many New Jersey readers are aware of collaboration and the benefits of a kinder, less contentious means of ending a marriage. Even so, collaborative divorce remains an approach that lies outside of the norm, which is shaped by parties who face off against one another and who often end up turning to the courts to determine the terms of their divorce. One state has taken a very strong approach to encouraging couples to settle their divorce differences through collaboration by enacting a law that requires at least an attempt at the collaborative process.

Why families sometimes insist on prenuptial agreements

The decision to enter into a premarital contract is one that should be made by two fully informed individuals, with a shared desire to outline the terms of a potential divorce. However, there are cases in which New Jersey families require prenuptial agreements as part of an estate planning approach. While that may seem heavy handed to some, the reasoning behind such a move is solid.

Whose fault is it? What you should know about premises liability

Imagine strolling into your favorite clothing store to do some light shopping. As you walk down the main aisle, you stumble and fall and hit your head on a display case on the way down. You then spend the next 24 hours under observation in the hospital due to the concussion you suffered.

A strong relationship with children can protect custody rights

Few New Jersey parents spend a great deal of time thinking about their custody rights until they are faced with a divorce. At that point, there is little that can be done to strengthen their child custody position. In order to achieve a favorable outcome, it is necessary to take a proactive approach, even before there is any hint of marital instability. Fortunately, being proactive involves the same steps that one uses in promoting a strong relationship with children even when there is not a risk of divorce.