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March 2016 Archives

Marital home sometimes major area of contention during divorce

Divorce can be messy emotionally, and it can also unfortunately wreak havoc on one's finances. One of the biggest assets shared by a couple in New Jersey is the home mortgage. Addressing the mortgage properly during the divorce process may help both parties to go their separate ways in the best financial positions possible.

A few steps necessary to be financially prepared for divorce

When many couples in New Jersey make the marriage vow, they do not think divorce is possible. However, a large number of marriages end up in divorce. Unfortunately, people often spend numerous hours planning for their weddings but spend much less time getting prepared for divorce, which can make the already difficult time even more challenging.

Family law proceedings may impact retirement plans

Divorce in New Jersey can set people back financially at any age. However, going through this type of family law proceeding at a later point in life can be especially unsettling financially. This is because a late-in-life divorce can derail a retirement that was previously on track.

Financial matters remain major area of concern after divorce

The financial and legal paperwork that accompanies divorce may be just as overwhelming as the emotional strain of the process. This is because a divorcing couple may have to deal with deeds, debts that require reorganization, and decrees, among other pressing matters. A few tips may help people in New Jersey to protect their best interests over the long term, particularly financially, when going through divorce.

A little information can help to ensure a smooth divorce process

The process of divorce in New Jersey can be either remarkably civil or remarkably ugly. For a couple who is hoping to approach the divorce process amicably, it is essential that both individuals do their homework first. The gathering of a little bit of information early in the process can help both parties to establish that they are using the marital dissolution process not as a weapon but rather as a tool.