New Jersey residents might be interested in a recent divorce case involving the founder of a prominent hedge-fund firm based in Chicago. On July 23, the 45-year-old billionaire filed for divorce from his 43-year-old wife after 11 years of marriage, citing...
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Month: July 2014
Man taken into custody for owing child support
A New Jersey man was taken into custody after authorities discovered that he had four warrants out for his arrest after he allegedly failed to pay his child support. According to the report, he allegedly owed more than $22,000 in child support when he was taken into...
Strength of Relationship or Strength of Tuition
No longer can a child continuously put his or her hand out expecting money without attempting to have a relationship with their hold out parent. Parent-child relationships are a two way street, therefore children are also held responsible for reaching out for more...
Triumphing Through Your Divorce
Catastrophe is often the first thought to come to mind when thinking of divorce. However, divorce does not have to be the daunting endeavor depicted in televisions and movies. Such thoughts are often fueled by Hollywood depictions such as "Kramer V. Kramer," "War of...
Ramifications of mortgages and home loans to divorce
Even after a New Jersey couple obtains a divorce, they may find themselves to still be involved financially. Property obtained during the marriage is assumed to be the joint property of both spouses, and this includes assets such as houses that often carry with them...
Divorcing couples in New Jersey should use caution with assets
For those over 50 filing for divorce in Morris, there are concerns that may be overlooked. As a couple approaches retirement age, there might be accounts designed for use as future income that may not be obvious upon the initial search for dividable property. Saving...
Fatherly Trends in Divorce & Child Custody
Some fathers are taking their obligation as a divorce parent to a whole new level and battling to not only have equal child custody, but primary custody of their children. In the past, a stereotypical divorce in the U.S. consisted of the mother having primary custody...
Judge orders ex-wife of Frank McCourt to pay legal fees
Individuals in New Jersey who follow baseball may have heard about the high-profile divorce of former Dodgers owner Frank McCourt. On June 24, a judge ruled that McCourt's ex-wife Jamie McCourt was responsible for nearly $2 million in legal fees. She had...
The Guide to Divorce
Attend college: CHECK Graduate college: CHECK College loans: CHECK... Get married: CHECK Get Divorced: NOW WHAT... happens to our student loans Unfortunately, this is a common chain of events trending in today's generation.Two words which could express both...