More than half of the attorneys who took part in an American Academy of Matrimonial Lawyers (AAML) survey said that more millennials are seeking prenuptial agreements. One of the reasons why this could be happening is that New Jersey residents and others are getting...
Divorce
Finances and divorcing women
New Jersey women who are thinking about getting a divorce should be aware that one aspect of their lives likely to be negatively impacted is their finances. Forty-six percent of the divorced women who participated in a survey reported experiencing financial surprises...
Solving money problems that can lead to marital breakdowns
It is an unfortunate fact that many people in New Jersey will end up divorcing. One of the biggest reasons why marriages fail is money problems. There are several different money issues that may lead to divorce as well as ways that people can solve them.One common...
How tax law changes can affect divorce
When people in New Jersey decide to divorce, there are a range of financial considerations to keep in mind. Tax law changes could significantly impact when people decide to finalize the end of their marriage. Individuals concerned about these changes may find it...
Potential Impacts of the Tax Cut & Jobs Act on Divorce Settlements
Blog Written by: Lori B. ShlionskyOn December 17, 2017 the Tax Cuts and Jobs Act of 2017 was signed by President Trump and made a number of significant modifications to the Internal Revenue Code ("IRC") that will either directly or indirectly effect newly...
I’m getting divorced… so what does this mean in terms of finances?
Many married couples settle into a regular routine. One spouse will pay the bills and the other will take care of other items on the "to do" list. The result of this arrangement is that, more often than not, one spouse is more familiar with the marital finances and...