Divorce
Divorce and health insurance in the age of Obamacare
One major consequence of divorce for many New Jersey residents is the loss of health insurance. Health insurance should always be addressed during the divorce process so that each party to a divorce understands his or her rights and options. A university study that was conducted last year found that each year nearly 115,000 women…
Read MoreReport: Collaborative Divorce is on the Rise
New Jersey divorcing couples assume that they will spend a lot of time in court, embroiled in expensive and time-consuming litigation. However, many couples actually do not need to take that route in order to dissolve their marriages. People are often able to resolve their disputes and achieve a divorce through mediation, arbitration, and collaborative…
Read MoreTips for Dividing Retirement Assets During Divorce
Retirement assets are a paramount concern for many people in New Jersey who are in the midst of a divorce. It has recently been reported that baby boomers are divorcing at increasing rates, and when people divorce in their fifties or later, the division of marital assets is likely to affect their retirement lifestyles. People…
Read MoreCan Sponsoring Your Spouse’s Citizenship Hurt You in Divorce?
When your spouse or soon-to-be spouse is an immigrant to the United States, you are probably familiar with the I-864 affidavit. Many people sign this document as a vow to support the livelihood of their soon-to-be spouse. This assures the government that an immigrant will be provided for and not end up relying on government…
Read MoreCan Spouses Waive Retirement Benefits in Pre- or Postnups?
Retirement accounts are among the more complicated assets to divide during a New Jersey divorce. This is not only because a lot is at stake when divvying up pension and 401(k) accounts, but also because such plans are often governed by federal law. Furthermore, retirement plans themselves may have their own tedious requirements for updating…
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