Divorce
New Jersey Divorce: How Financial Advisors Can Ensure a Smoother Breakup
Fights over money has traditionally been considered one of the leading causes of divorce in the United States. A study by the American Psychological Association confirms that nearly 75% of Americans experience stress over finances some of the time, and about 25% feel extreme and persistent financial stress, CNBC reports. Add this financial insecurity to…
Read More“What Are My Options If My Spouse Contests the Divorce?”
Is there such a thing in New Jersey as a contested cause of action for divorce? If so, what is it, and how does it work? When one spouse decides to fight the divorce itself, and not just the important underlying issues, this tends to complicate the process for the other party. Understanding what this…
Read MoreCounsel Fees and Costs in New Jersey Family Court Actions: The Mechanics of Obtaining an Award
Across the spectrum of NJ Family Court cases, the financial and emotional costs can be high. Emotional upheaval should be handled in therapy: family, individual, separation counseling, and the like. This post focuses on funding the “financial cost” in divorce. In many family law cases, the trial court has the power to award you counsel…
Read MoreYou Can Learn from Their Mistakes: They Married and Divorced the Same Guy
You may be in the same boat as Holiday Miller. According to the Chicago Tribune, Miller was in the middle of a divorce and wanted help getting her life back together. Miller reached out to Valerie Shepherd, someone who would understand exactly what Miller was going through. Shepherd had married Miller’s husband before Miller did.…
Read MoreTax Reform: Negotiating Alimony in an Era of “No Taxation – No Deductions”
There are many current tax issues for divorcing couples, and a major new one concerns alimony (or spousal support). Thanks to recent changes in the federal tax code, those paying alimony could face higher tax bills, those receiving it could pay less in taxes, and both have a strong motive to recalculate what has been…
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