Tag: Property Division

Will I Need a Forensic Accountant in My Morris County Divorce Action?

Any separation and divorce can be complicated, however divorce in its simplest form is about dividing marital assets and debts in order that each spouse can continue their life free of the other. Sometimes the process can be relatively simple: house, cars, bank accounts, credit card bills. Other belongings may go to one spouse or the […]

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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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Capital Gains Tax Considerations For Divorcing Couples

Divorcing couples in New Jersey and around the country are often eager to put the past behind them and begin anew, but rushing through property division and spousal support negotiations can have unintended consequences even when discussions are cordial and the couple involved see eye-to eye on major issues. Few things cause divorced spouses more […]

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Understanding How Bankruptcy Affects Divorce

Many New Jersey marriages falter due to financial problems. When people who are in this situation want to seek a divorce as well as file for bankruptcy, they should be careful about the order in which they proceed. There are several different scenarios that can affect the filing order for these two types of matters. […]

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Appraising The Home For The Divorce

A contentious divorce in New Jersey may well go to trial. If the departing spouses cannot come to agreement about the division of property, then the intervention of the court may be necessary. In order for a judge, who will almost certainly have no personal knowledge of the divorcing couple whatsoever, to make a reasonable […]

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Fraudulant Activity Related To Divorce

New Jersey couples who are going through a divorce understand that knowing what assets make up the marital property is essential for purposes of property division. Depending on the circumstances, some assets may be hard to find. This lack of transparency might cause a problem when attempting to divide property appropriately. There are ways to […]

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Divorce Cases And Complex Asset Disclosure

New Jersey residents may be interested in the divorce case of a New York man who is refusing to disclose his alleged earnings from a Brooklyn property sale in 2009. The New York Court of Appeals heard the man’s argument in 2015, and his attorney claims that he has the right to refuse to testify. […]

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Actor Terrence Howards Divorce Settlement Overturned

A judge recently overturned a divorce settlement between actor Terrence Howard and his second wife, Michelle Ghent. The judge ruled that Howard was coerced into the settlement. Howard argued that Ghent threatened to leak private details about him if he refused to sign the settlement. The private details included a video of Howard dancing naked […]

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How Is Inheritance Factored Into Property Division

Property division is one of the biggest factors for divorcing couples. It is important that you know your legal rights and what assets are considered joint within the marriage. It is common for one spouse to acquire property or funds through inheritance. For example, when the family member of one spouse passes away, that person […]

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Equitable Distribution Of Property May Not Be Equal In New Jersey

The title of the movie “Yours, Mine and Ours” pretty accurately summarizes equitable distribution laws in New Jersey. Unlike community property states in which pretty much everything a couple owns is treated as being joint property in the event of a divorce, equitable distribution classifies some property as separate and some of it as marital. […]

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