First of all, let’s consider what alimony is. Often, after a divorce, one partner is left with a much reduced financial standing. They may not work or have the opportunity to make as much money as their former partner. Alimony allows the party with less economic means some income. Five Types of Alimony in New…
Once a divorce is final, in New Jersey, the divorce is recorded as a public document. Because of the intensely intimate nature of the documents, they are more challenging for the public to obtain than other public records. Financial records, testimony about private, personal topics, and sensitive information about the children of the divorce are…
Business owners often find the company constitutes marital property in New Jersey, even if the firm predates the engagement. The court may entitle a spouse in this situation to 50% of the value increase of the company during the marriage. Entrepreneurs can take these steps to help shield the value and future of their companies…
Experts put more effort into studying grey divorce as the trend in older divorcing couples continues to rise over the years. During these studies, they have found several interesting things. This includes the fact that grey divorcees face more financial troubles than their younger counterparts. But why is this the case? What about waiting until…
Many people believe that divorces happen in the courtroom, but this is not always the case. In fact, the divorces that cost the least and produce the lowest amount of stress often never see the inside of a courtroom at all. Mediated divorce offers a number of advantages, chief among them being quicker and cheaper…
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