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Tag: Equitable Distribution

What is Considered Marital Property in a New Jersey Divorce Case?

A significant part of divorce proceedings for a couple is dividing their property between the two of them. In doing so, the property is broken down into two main categories: marital property and separate property. It is important for spouses entering into divorce proceedings to understand these matters, as it can impact their future after […]

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How are Complex Assets Handled in a New Jersey Divorce?

Going through a divorce is often an overwhelming process for both spouses as well as their families. This is because it requires the separation of lives that were brought together over a period of time. When this happens, these lives are generally intertwined in many ways, including their assets. Dividing these assets is usually difficult […]

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What type of cases can be resolved through Mediation?

  Mediation can resolve any sort of divorce case, whether is child custody, high asset case, because as a mediator, we handle the case and manage the case as like a judge would do. If we need to get a forensic accountant in the first mediation session we´ll talk about hiring a forensic accountant to […]

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Marital Assets and Prenuptial Agreements

Misconceptions on Premarital Asset In New Jersey, premarital assets remain premarital assets; but there´s a lot of grey areas in the law with regard to premarital assets. If you have a house, the increasing value can go up in value due to the market which is what we call a passive increase or it can […]

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Equitable Divorce Attorneys Morris County NJ

Morristown area family law and divorce lawyers deliver equitable divorce settlements in Chester, Chatham, Mendham, Harding, and Morris Township We recently published an article about Equitable Division of assets in which we clarified what this means in New Jersey. In this article, we will start with a brief reminder of why “fair” and “equal” are […]

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Divorce And The Minority Corporate Interest Q A

Q:  I am getting divorced, and my husband has a minority interest in a business.  Will I have difficutly getting the necessary “discovery,” or information I need to secure my financial rights? A:  While you should seek out a consultation with a lawyer to go over your circumstance, the answer is that you should not […]

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Dividing Retirement Accounts Pre And Post Marriage

Retirement accounts can often be a “hot button” issue for people going through a divorce. Many people feel that since they are the ones putting forth the effort to work for an employer, they should solely reap the rewards of the retirement monies they put away for their future. While understandable in a sense, the […]

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April 15th Is Just Around The Corner

As tax season approaches, recently divorced parties should pay special attention to the tax consequences of certain aspects of their settlement agreements or judgments of divorce. The most common question is whether certain payments, such as alimony and child support are taxable events. The simple answer is that alimony is generally taxable as income to […]

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Oops I Forgot To Change My Life Insurance Beneficiary

Last week, I wrote about setting an annual anniversary date to review your Property Settlement Agreement to make sure that you are in compliance and to make sure that you are not missing an important benefit.  The U.S. Supreme Court highlighted the importance of that approach this week in its decision in Hillman v. Maretta […]

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Fault Or No Fault That Is The Question

In the state of New Jersey, parties may choose either fault or no-fault grounds for divorce. While this was not always the case, as of the year 2007 a party may choose to file his or her divorce under “irreconcilable differences” instead of choosing another fault-based cause of action. The term “irreconcilable differences” is simply […]

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