What Happens to the House in a New Jersey Divorce?

When it comes to marital assets, the family home is typically the single largest asset for a divorcing couple. It is also the one that usually causes the most conflict, especially if minor children are involved. Many times, people want to keep the house without fully considering the financial consequences of their decision and instead…

Financial Tips for Couples Going Through a Divorce

Divorce can be draining, both on your emotions and your finances. But with the help of an experienced divorce attorney and some planning, there are ways to gain control over your divorce while ensuring your bank account doesn’t suffer too much. Here are some financial tips for divorcing couples: Plan. Set goals for where you…

Where Should You Live During and After a Divorce?

Deciding where to live both during and following a divorce is an important decision most people don’t think about until a time crunch forces a decision. When you’re make an important decision under pressure, you don’t always make the best decision for yourself and your children, either for now or for the future. There are…

Who Gets the Art in a High Profile Divorce?

An article in the February 2018 issue of Town & Country Magazine reported on several high-profile divorces where expensive art collections played a major role in the proceedings. Harry and Linda Macklowe, who are divorcing in New York after 58 years of marriage, have a collection valued by some at $1 billion. Both sides are…

Avoid These 5 Costly Divorce Mistakes

Beyond the emotional toll of divorce, there are some financial missteps that can leave you in even worse shape if you don’t know how to avoid them. Here are five costly divorce mistakes to watch out for: Staying in a home you can’t afford. Many divorcing couples with children want to keep the family home…

The Financial Impact of Divorce on Older Couples

The divorce rate is rising most rapidly among the 50+ age group in the U.S., and financial experts are advising boomers to look at tax and retirement consequences when creating a favorable settlement for both parties. Here are some tips: Create a financial plan – focus on long-term planning versus short-term gain. The last several…

Tips for Helping Your Child Through a Divorce

No matter how amicable your divorce, there is no question that it will have some sort of effect on your children. They will undoubtedly experience sadness, anger, and worry — many of the same emotions you are experiencing as well. If your divorce is contentious, the strife between parents will only make it more difficult…

How to Find Hidden Assets in a Divorce

Although it is unwise and can result in hurting your case if discovered, many divorcing spouses make it a point to try to hide assets, usually prior to a divorce action that they know is going to occur. Experience has shown that the more time they have before a divorce is filed, the more likely…