Understanding Equitable Distribution in New Jersey
How the Courts Divide Marital Debts and Assets in Divorce Determining who will receive what property in a divorce, and who will be saddled with marital debt, is rarely an easy process. Courts consider numerous factors, including whether there was any financial wrong doing (one of the leading causes of divorce), whether the parties have become...
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Custodial Parent Relocation in New Jersey
Factors Considered by the Courts When Evaluating a Potential Move In today’s highly mobile society, it’s far more common for parents who have divorced to gravitate to different parts of the state or the country. Though New Jersey mandates that the courts consider the “best interests of the child” when ruling on matters of custody and...
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Including the Costs of College in a New Jersey Divorce Decree
Parents in New Jersey May Have Responsibility for College Tuition The state of New Jersey has long been a proponent of higher education, with the courts regularly issuing rulings requiring parents to for a child’s college education, provided they have the appropriate resources. That includes parents who remain married or parents who terminate a marriage....
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How Does Equitable Distribution Work in a New Jersey Divorce Proceeding?
Dividing Property after a Marital Breakup When your marriage has ended and divorce is the only option, one of the thorniest issues to resolve can often be the division of marital debts and assets. There’s less emotional turmoil than with custody issues, but some of the assets may be difficult to divide, causing acrimony over whether or...
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The Basics of Prenuptial Agreements
If you are thinking about getting married and you’ve either been married before or you are bringing substantial assets into the marriage, you should consider drafting and signing a prenuptial agreement, so that you can protect your assets in the event of separation or divorce. Contrary to popular belief, the decision to address property issues...
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What Is Equitable Distribution in a Divorce Proceeding?
As part of the divorce process, you’ll have to find a way to divide the debts and assets of the marriage. New Jersey is an “equitable distribution” state with respect to the allocation of a marital estate. In essence, that means that, if the parties cannot come to an agreement as to how to split...
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Planning for Your Child’s College Education in a New Jersey Divorce
The state of New Jersey has been a pioneer in the promotion of higher education, long requiring that parents with the financial means provide a college education for their children, whether the parents are still married or have divorce. As a consequence, when you are involved in a divorce in New Jersey, you need to include...
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