You may have concerns about how divorce will affect your children, but the experience is very common for many families today. The American Academy of Child & Adolescent Psychiatry states that out of every marriage today, one out of two ends in divorce. Even still, divorce presents a major and disruptive change in the lives…
To settle in a divorce, you can do so through mediation, arbitration or through a trial. Despite being a civil route, mediation has a bad reputation, according to the Huffington Post. Arbitration and mediation are not the same things In arbitration, the arbitrator can make decisions for you. In mediation, the mediator does not have authority….
New Jersey couples like you already have enough on your plate when handling a divorce. Any time someone does something to complicate matters further, it costs you both time, money and peace of mind. Knowing this does not stop some people from making poor choices, though. Attempting to hide assets during the divorce process is…
Many paths to homeownership exist. Purchasing a single-family home may work best for some people. For others, alternative options, such as co-op housing, seems more appealing. In this scenario, the homeowner becomes both a tenant and a shareholder of the company that owns the property. The New York City Bar explains that co-op owners contribute…
Unless you just started your career, chances are that your retirement account is one of your most important assets. You are probably counting on it as part of your long-term financial plan. Like many other assets you accumulated during your marriage, your 401(k) plan could be subject to division. Exactly how much of it you…
