It isn’t unusual for individuals to seek asset protection in the form of a prenuptial agreement before saying, “I do.” However, prenups may not entirely be reliable if the marriage comes to an end as they are often contested, and the fees involved in a contested prenup can be costly. A Domestic Asset Protection Trust (DAPT) is a viable option... Read More
The divorce process can complicate many things, especially when parenting is concerned. Spouses often go about seeking joint custody or planning for raising children after a marriage is terminated. One factor each couple should take into account if they plan to part ways is planning for their child’s college education. The tips listed below should paint a better picture for... Read More
Tensions can run high during divorce proceedings. It isn’t uncommon for soon-to-be ex-spouses to dish out their grievances on each other, making the process more difficult than it needs to be. When estranged spouses are motivated by their desire to achieve a more favorable divorce outcome, they aren’t afraid to pull out all the stops. If divorce is on your... Read More
These days, many couples have obtained a secondary education and, as a result, have accumulated substantial debt from student loans. What these couples fail to realize is that educational debt makes marriage tougher for some, and it can lead to some surprises for those who decide to divorce. Young couples, in particular, are more likely to encounter these problems. Legal... Read More
The largest misconception most Americans have regarding divorce is it being entirely hostile and confrontational. It’s assumed that such a process involves anger and resentment between spouses when negotiating alimony, asset division and child custody. That image, however, is changing due to the fact that more and more couples wanting to end their marriage are turning to a collaborative divorce.... Read More
The deadline for filing your federal income taxes is almost upon us and many newly divorced couples with children should take into consideration income tax dependency exemption laws. Determining tax dependency was easy in the past when child custody was overwhelmingly granted to mothers while fathers received visitation rights or weekend custody. Joint custody, however, has caused some confusion as... Read More
The issue of your children’s higher education costs is just one of the many you must address during the process of negotiating a divorce settlement. One of our divorce attorneys can help you determine how to go about dealing with future financial issues. Future payments of any type can be a hassle, as one New Jersey father recently discovered. The... Read More
The term “single dad” seems to be a much more common phrase these days as more fathers are choosing to care for their children on a full-time basis. Demographics are revealing new trends in American family life as single parent households are increasingly becoming more common in today’s society, according to a Pew Research Center study. Said study found that... Read More
The recent economic downturn has had a major impact on the national divorce rate, but not in the way you might expect. Financial hardships have often been cited as one of the most common reasons that couples opt for divorce. However, a recent study released by the Population Research and Policy Review debunks that notion by showing a significant drop... Read More
Organizing your finances is a complicated task most divorcing couples often struggle with when trying to reach an amicable settlement. There are certain factors which are often overlooked and require heavy consideration, such as the cost of future living and taxation issues. Your attorney can help you through this difficult time by exploring methods which can ease your expenses and... Read More