5 Truths About Divorce You Need to Know

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Made the decision to divorce in 2015, or already in the thick of the process? Before you go one step further, here are five important “need to know” truths about getting a divorce in New Jersey. Read more

NJ Divorce Chronicles: Hiring a Divorce Attorney, Installment 3

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Welcome to part 3 of our continuing blog series on avoiding common divorce mistakes. In part 1 of our series, we introduced you to our two New Jersey couples: Robert & Sharon and Jason & Melissa. In part 2, we looked at the process Sharon went through in hiring an attorney and her hasty decision to work with a “shark” divorce lawyer. In part 3, we will follow Jason’s process of hiring a divorce attorney and the very different choice in lawyer he makes. Read more

Divorce: Fail to Plan, Plan to Fail

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If you will be filing for divorce in the new year, it’s time to start actively planning how you want your divorce to unfold and the shape you want your life to take post-divorce. Practically speaking, it is to your advantage to get organized and set goals and priorities as early on in the divorce process as possible. As the saying goes, “fail to plan, plan to fail.”

So what exactly should your divorce plans entail? Here are 7 key areas to give careful consideration. Read more

4 Tips For Filing Your Taxes When You’re Getting Divorced

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Tax season is almost upon us, and if you’re separated or in the process of getting divorced, you may be concerned about how your relationship change will affect filing your income taxes. Do you still file as a married couple if you split up in 2014? Will selling your house this year as part of your divorce drive up how much you owe Uncle Sam next year? What about alimony payments? Here are four tips for dealing with common divorce-related tax issues. Read more

5 Things NOT to Do When Filing For Divorce

dos and donts on blackboardIf you are considering divorce, you have probably made yourself a lengthy list of all the many “DOs” the divorce process will require of you. But what about the “DONTs” of divorce? Here’s a look at our top five things you either shouldn’t worry about as you file for divorce — or should downright avoid. It might be a good idea to keep a separate list for these: Read more

New Jersey Divorce Chronicles, Part 2: Watch Out For Sharks!

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In part 2 of our continuing blog series on avoiding common divorce mistakes, we take look at something most people do early on in the divorce process: hire an attorney. In part 1 of our series, we introduced you to our two New Jersey couples: Robert & Sharon and Jason & Melissa. In part 2, we will see what happens when one of our subjects tries to make a decision about hiring an attorneyRead more

Facing Both Bankruptcy & Divorce? Here’s Which One To File For First

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New Jersey couple Rhona and Matthew experienced some very rocky years leading up to their decision to divorce. The problems began in 2011, when Matthew lost his job and Rhona, who had been staying home with kids, could only find part-time work. With no savings, the couple lived off their credit cards, racking up over $150,000 in debt by the time Matt found employment in 2013. Even with Matt making money again, dealing with all their debt felt like an oppressive and impossible-to-complete task. After careful thought, in 2014, Matt and Rhona decided to file for bankruptcy. At the same time, mainly due to the toll money stress had taken on their relationship over the past few years, Matthew and Rhona also decided to file for divorce.

Does any of this sound familiar? Read more

New Jersey Divorce Chronicles: Avoiding Common Divorce Mistakes (Part 1)

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We have all heard at least one divorce horror story in which mistakes and missteps in the divorce process left one or both parties feeling angrier and more bitter than ever before. If you are going through a divorce right now, or thinking about filing, it is important to know that for the vast majority of cases, negative outcomes can be avoided through thoughtful planning and intelligent decision making.

In our new blog series, we will follow two typical couples going through divorce in New Jersey and use their case studies to highlight complications that can arise in a divorce case, along with the many possible ways to prevent these mistakes from leading to spiraling conflict and out of control costs. Read more

What Happens To The Year-End Bonus When You File For Divorce?

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Back in September, Lucas and Joanne called it quits and decided to end their 15-year marriage. The New Jersey couple is currently separated, with plans to move forward with filing for divorce in January, once the holidays are over (waiting was Joanne’s idea because, as she explained Lucas, she didn’t need the added stress). Over the past few months, Lucas and Joanne have have had very little contact with each other, especially since each party established their own bank accounts as soon as they decided to separate. For all intents and purposes, except for the official paperwork, Joanne and Lucas are living like a divorced couple.

In late December, Lucas receives a year-end bonus at his job. Because his company had a successful year, the amount of the bonus turns out to be a considerable windfall. Before Lucas deposits the check in his personal back account, he thinks about the divorce he will be filing for in mere days, and how this money may come into play. Is this money — received after he and his wife separated — considered marital or separate property? If his wife can lay claim to it, how much will she get? Will this money mean a higher alimony payment? And what if Lucas holds off on depositing the money until after he files for divorce… would that be a loophole to keep it safe? Read more

14 Gifts to Give Your Divorced Friends (or Your Ex) This Holiday Season

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Make the holidays a little happier for newly divorced friends and loved ones with these light-hearted gift ideas. Is it your first holiday season since your separation or divorce? Put yourself on your own gift giving list! And if you’re really feeling generous this year, there are even a few gifts listed below that might be the perfect present for a former spouse. Read more