Few things are more important to business owners than their businesses, which is why if you are a business owner who is getting divorced, you should strongly consider hiring an experienced Somerset County business valuation lawyer who can fight to protect your hard-earned assets and business every step of the way. Contact to learn more about what we can do for…
1. Is Life Insurance a Marital Asset? The short answer is, maybe. It depends upon whether your life insurance policy is a “Whole Life” policy or a “Term Life” policy. “Whole Life” policies have cash value and are considered part of your net worth. During the divorce proceedings, a whole life policy must be listed among the marital assets to…
As an experienced Somerset County, NJ alimony law attorney I have had to keep up with recent changes in New Jersey alimony statutes. If you are contemplating getting divorced, are in the process of getting divorced, or are the recipient or the payor of alimony in NJ, you need to read on – there was a major change to the…
Are your stepchildren causing problems in your marriage? Would you be surprised to learn that in New Jersey, friction caused by step children and ex-spouses is frequently the cause of divorce? If you are contemplating divorce because of stepchildren, contact us today to schedule a consultation so we can discuss your options. Divorcing Because of Stepchildren in New Jersey We…
Child Custody Laws in NJ for Unwed Parents Gone are the days when every child had married parents. The current diversity of family living arrangements has resulted in the court system establishing an alternative to a divorce proceeding, called a “non-dissolution ‘FD’ Case” which is used by unmarried parents to: Establish a Legal Custody Order for a Minor Establish a…
The Principles of Child Support in New Jersey The guiding principles of child support in New Jersey are that children should not be economic victims in a divorce. Instead, children are considered entities who are entitled to share in their parent’s income, and in New Jersey parents have a continuous duty to support their children until they are emancipated. NJ…
Spousal support, and specifically the nature and purpose of spousal support, is one of the most hotly-debated family law topics of our day. Some advocates believe these payments should help obligees become economically self-sufficient, and that’s it. Others think alimony should permanently equalize the standard of living between the former spouses. For the most part, New Jersey’s alimony law balances…
Learn from one of the top divorce attorneys in NJ how to begin a divorce proceeding and how to follow through with it, in four easily-understandable steps. If you are looking for a starting point and a step-by-step guide to the planning, filing, and legal procedure of divorce, read on for this guide by Katherine Wagner, Esq., one of the…
New Jersey is an equitable distribution state. A divorce cannot be an unfair financial burden for either party, so marital property must be divided accordingly. That includes both debts and assets. There is a presumption that a 50-50 division is equitable in most cases. So, for a Somerville equitable distribution attorney to obtain a disproportionate division, there must be substantial…
When coronavirus hit American shores sometime in February 2020, many people thought, or hoped, the epidemic would be over in a few months. As a result, in terms of parenting timeshare arrangements, many families turned to stopgap measures and informal agreements. At this point, it seems that COVID-19 restrictions might last well into 2021. Since the pandemic is not ending…
