Nearly all New Jersey parents will claim that they think of their child’s welfare before anything else, no matter what. Yet, family experts have documented the adverse effects of contentious divorces on children, which may tell a different story. No one expects...
Year: 2020
The benefits of an estate plan vs a will
Having a will can help you rest easier, knowing that your assets will go to loved ones and charities per your wishes upon your death. It can also help avoid the expense of probate. However, a will can only take care of some aspects of your wishes. We often help...
You are the executor, and they have just passed. Now what?
Being an executor is a big responsibility. Arranging and following the estate through probate, taxes and proper division of assets involves a lot of paperwork and waiting. New Jersey's Division of Taxation provides a pamphlet with guidance to your first few steps....
Accepting the role of personal representative
You may become the personal representative of an estate in two ways: the decedent named you executor in the will, or the court named you administrator. Either way, your duties are the same. The role of personal representative includes a number of responsibilities...
What are some unique mental impacts of grey divorce?
Divorce often has serious ramifications for couples who have young children who must then consider ways to co-parent and decide custody matters, but what happens when the divorcing couple is reaching retirement age? Forbes reports that 25 percent of older couples are...
More than 60% of divorced women regret making this mistake
Your life may look different after divorce, and your finances may as well. You may have had certain financial goals in place throughout much of your life, but the path to achieving these goals may now look markedly different. You may find, however, that you have a...
Points on your driver’s license for speeding
If you are like most people in New Jersey, you may end up with a traffic ticket at least once in the course of your life. Many factors may contribute to these situations and it is important to remember that even the most responsible drivers get tickets now and then....
How do I protect my separate property in a divorce?
Some relationships can last a lifetime, but others are not so lucky. While you might be in a happy marriage right now, you never know what can happen in the future. Divorce can come at the most unexpected moment, and you may end up in a tricky battle with your spouse,...
Spousal support in a New Jersey divorce
If you have concerns about supporting yourself after divorce, you may be eligible for spousal support. In New Jersey, either spouse can request alimony payments as part of a divorce agreement. Explore the factors that affect whether and how the court will award...
Is sole custody possible?
Depending on how you feel about your ex-spouse, you may believe that the children are better off entirely in your custody and you may be against the typical co-parenting situation. If this is the case, you may be wondering if you should try to get sole custody of the...