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August 2015 Archives

The good divorce is a growing trend

Divorce in New Jersey is often one of the most stressful experiences of a person's life, particularly if two divorcing individuals end up going to war over matters such as asset division. People who are getting a divorce may also battle over child custody. However, the current trend is to complete what is known as a good divorce, which is not characterized by ongoing conflict.

Divorce can affect people's retirement goals

For people who are planning to retire soon in New Jersey, getting divorced can be overwhelming due to the financial consequences of this type of family law proceeding. However, individuals who are getting a divorce might be entitled to receive extra Social Security retirement benefits. These additional benefits will be based on their exes' earnings and work record.

Postnuptial agreements can be helpful in divorce

Divorce can be a tumultuous process in New Jersey, especially when two people cannot see eye-to-eye on how best to split their assets. It is for this reason that postnuptial agreements are drawing more attention these days. A postnuptial agreement is a contract that two people sign after becoming married; the contract spells out their financial obligations and rights if they end up getting a divorce.

Family law proceeding of divorce has financial consequences

Divorce can be stressful, not just emotionally but also financially. After all, the consequences of a marital split-up involving the division of assets can be life-changing. A couple of tips may help people in New Jersey protect themselves financially during the family law proceeding of divorce.