Search results for: equitable division and distribution
New Jersey’s “Divorce on the Papers” Could Save You Time and Money
COVID-19 has caused massive societal changes, including in the consumption of legal services. As long as you have the resources, it’s never been easier to buy things and have them delivered to your home in 2 days. More people work from home, and many of them will stay there as the pandemic grinds on. Starting…
Read MoreWhat Should Attorney-Trained and Other-Trained Mediators Do and Not Do?
By Hanan M. Isaacs, M.A., J.D., A.P.M. Excerpts from the New Jersey Association of Professional Mediators Standards of Conduct for Mediators: STANDARD I. SELF-DETERMINATION A. Mediator shall conduct a mediation based on the principle of Party self-determination. Self-determination is the act of coming to a voluntary decision in which each Party makes free and informed…
Read More“In NJ, do we have to wait until the end of our divorce case to evaluate and distribute our retirement assets?”
In New Jersey, a divorcing couple is required to divide their jointly acquired marital assets and debts, and, for the most part, to divide them evenly. This includes assets —such as pension plans and 401k’s that one or both of the parties will receive upon retirement or the other party’s death. New Jersey is an…
Read MoreNJ Equitable Distribution: When the Stakes are High — Hire a Lawyer Who Knows and Works Well With the Valuation Experts
In most divorces, the equitable distribution of assets between spouses is a relatively simple proposition. The attorneys generate a list of assets they believe the couple holds, as well as a list of debts, and each presents a reasonable scenario for sharing and dividing them. A divorce agreement includes both the value of assets as…
Read More“When and how do I modify an NJ divorce settlement or Final Judgment?” Here’s when and how.
Divorce negotiations and court proceedings often leave participants emotionally and financially drained. Even when the terms of a settlement agreement or final judgment are not ideal, parties may feel relieved to end such a painful process and look forward to moving on with their separate lives. Many of these same people discover that settlements and final judgments often need to be modified to better serve the family and the ever-changing needs of affected children.
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