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March 2017 Archives

Consider "spring cleaning" for property division

It is not uncommon for New Jersey residents who are preparing to divorce to experience high levels of stress. Often, the source of that stress is the uncertainty overshadowing each spouse's future financial circumstances. One way to alleviate stress surrounding money matters is to become fully informed on the process and impacts of property division. Spouses can take a "spring cleaning" approach to the financial aspects of divorce.

Inventorying assets important during divorce

Recent research shows that filings for dissolving marriages appear to peak during the months of March and August. However, no matter the time of year, filing for a divorce can be both emotionally and financially overwhelming. A few tips may help with protecting one's best interests during this type of legal proceeding in the state of New Jersey.

Could a parenting coordinator help child support negotiations

New Jersey parents who are preparing to divorce have a number of issues to take into consideration. Child custody and child support rank at the top of that list for spouses who share one or more children. Reaching an agreement on these matters can be difficult, especially when the parties are unable to see eye-to-eye on the cost of raising children, and the need for adequate levels of support.

Payment of child support mandatory following divorce

When parents who are married decide to divorce, the New Jersey court might require the non-custodial parent to devote a certain part of his or her earnings to support their shared children financially. The non-custodial parent is the one who does not keep the children following divorce. In other cases involving child support, both parents have to make support payments to another party who has assumed responsibility for caring for the children. Either way, it is mandatory for support to be paid to ensure the proper upbringing and care of the children.  

How to handle the family home during property division

The division of marital wealth is the primary focus of many divorcing New Jersey couples. How to handle the disposition of the family home is one of the most emotionally charged aspects of property division, and an area in which many couples struggle to reach an agreement. At the end of the day, there are two main options. One is to sell the home, the other is to allow one spouse to retain the property.

After TV talk show, father seeks child custody modification

Some New Jersey residents may have seen an episode of Dr. Phil in which a young teenager displayed an incredibly rude attitude. Clips from the show have been made into numerous memes, music videos and other online products. Now, the girl's father has taken issue with her sudden notoriety, and is asking the court for a child custody modification that would permit him to have more decision-making authority in the his daughter's life.

What to do if you need to adjust your child support payments

Divorce can be frustrating and emotionally exhausting. If you're like many people, one of the hardest parts of going through a divorce is no longer getting to spend every day with your beloved children. Suddenly, you can only see them on alternating weekends and holidays, with an afternoon thrown in here and there during the week.

Divorce mediation involves multiple steps

The dissolution of a marriage is often viewed as a adversarial process, but it does not always have to be. Thanks to mediation, divorcing couples in New Jersey can take full control of planning their own lives post divorce. Divorce mediation is especially helpful for parents, who will have to keep making decisions together regarding their children in the future.

Emotions run high in this controversial child custody battle

People who open their hearts and homes to a child in need are nothing short of amazing. Without such acts of love, many more children would be left in foster care or institutional housing, in New Jersey and across the nation. In many cases, the road to adoption begins in foster care. That was the case for one family that is now faced with a difficult child custody battle over their adopted daughter.

Domestic violence victims face uphill battle in custody fights

Few things are more distressing than being subjected to acts of violence at the hands of a spouse or partner. However, those victims of domestic violence in New Jersey who also share a child with their abuser are facing an even greater challenge. Moving through a child custody case with an abusive partner can be a nightmare. It is critical that the victim is able to present his or her case clearly and without excessive displays of emotion.

Mediation can help resolve divorce legal issues

For those in New Jersey who are considering bringing their marriage to a close, the cost associated with that process is usually an area of concern. It can be hard to get a firm estimate of how much it will cost to resolve divorce legal issues, and that uncertainty is a big concern for many spouses. After all, it is difficult to plan for the future when it is unclear what one's financial standing might be in the years to follow a divorce. Fortunately, there are options that spouses can choose to lower their overall divorce expenses, including mediation.

Prenuptial agreement can offer protection in divorce

A prenuptial agreement is essential for any successful couple in New Jersey. These formal contracts help couples to control their futures financially in case they end up getting a divorce. However, myths surrounding prenups often keep couples from using them to protect their assets and one another in the event their relationship ends.

Financial signs that divorce might be on the horizon

Divorcing is never easy, but for those in New Jersey who are blindsided by the announcement that their marriage is over, it can be even more difficult to bear. Having some time to mentally prepare for this life-altering event is critical to a successful outcome. While it is never possible to completely remove the risk of a shocking divorce announcement, there are certain signs of which spouses should be aware.

Addressing timing issues during a New Jersey divorce

As with so many things, the process of ending a marriage can be greatly impacted by timing. New Jersey parents who are planning to divorce have a number of important decisions to make when it comes to timing. Not the least of those decisions involves when and how to sit down with the kids and discuss the changes that are on the horizon.

Child custody can add stress to divorce

Children are affected by the dissolution of a marriage just as much as their parents are. In fact, over a million children in the United States are impacted by divorce every year. A couple of tips may help parents who are going through a marital split-up in New Jersey to help their children through such a difficult transition, particularly when a child custody battle is involved.

Bitcoin can negatively impact property division process

Many New Jersey readers are aware of Bitcoin, even if they are unsure of the exact purpose and scope of the service. Bitcoin is a cryptocurrency provider, which means that the company offers account holders a platform through which to store and transfer money with a high degree of anonymity. While there are a number of legitimate reasons why an individual would have a Bitcoin account, the service also appeals to those seeking to shield assets from the property division process.

Understanding cash flow needs essential during divorce

In marriage, the finances can be complicated. For instance, sometimes they are imbalanced because some investments are in only one of the spouse's name rather than being in both parties' names. In addition, sometimes the financial affairs are intertwined. This can make a divorce proceeding in the state of New Jersey difficult to navigate.

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