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To understand the nuances of a high-asset divorce, we must thoroughly grasp the financial landscape, especially concerning taxes. As you progress through the divorce process, comprehending the tax implications can help you make informed decisions that protect your...
Starting a business, or growing an existing one, is a long-term process. Someone who recently started a small company may give up their salary to reinvest all of the capital earned in the business. Their focus is on the long-term success of the company, not their...
Personal resources and marital property may be at risk during a divorce. People may have to liquidate some of their assets to pay for divorce expenses. They also have an obligation to divide their property with their spouses. Unless people have marital agreements in...
Love and commitment are essential ingredients for a happy marriage, but there’s another factor that can significantly impact its success: financial compatibility. Studies, including recent research from UC San Diego, highlight how differences in risk tolerance can...
Some groups of people are statistically more likely than others to eventually file for divorce. For example, people in certain professions may find that stress related to their employment invariably affects their marriages. High-demand careers can take a toll on...
Most young children are taught that “sharing is caring.” Unfortunately, some adults hold onto the inverse lesson, that failing to share is a concrete way of showing someone that you don’t care about them. This mindset can be destructive at the best of times. Yet, when...
Many people would like to pursue a low-conflict divorce, but not every family has that option. There are certain factors that almost inevitably complicate divorce proceedings in New Jersey. Business ownership can be one such factor. If either spouse owns a business or...
In some cases, parents who have gotten divorced do not plan to live near each other. For instance, maybe you are going to remain at the Jersey Shore. Your ex, however, is going to move to New York City for work. You both want to share parenting time, which will be...
Balancing a demanding career with parenting duties can be challenging, especially for divorced or separated parents who must create a parenting time schedule. When both parents have highly demanding careers, flexibility, communication and a child-centered focus are...
Determining what to do with a family home during divorce is not only a big financial decision but often an emotionally fraught one. When a couple has additional properties, however, dividing them or continuing to share them often comes down solely to what’s in each...
