When a New Jersey divorce involves assets like a classic car collection, the value of these assets must be determined before a property settlement is reached. In the absence of a pre-nuptial agreement assigning ownership of the car(s) to one spouse, the collection can be considered marital property and added to the list of marital…
DetailsDoes the adage, “older but wiser” apply to the fact that those over the age of 65 choosing to live together rather than marry has doubled in the U.S. in the past 10 years? It probably does for those who have gone through a divorce and experienced the pain that their finances have suffered. Today,…
DetailsDivorce changes so many things in your life, but one of those you may not be thinking about is how it affects your taxes. Here are some common tax issues you will want to address during and after a divorce: You can file jointly until the divorce is final. If you have separated and are…
DetailsWhether you were married and are now divorced — or if you were never married but are no longer together — if you and a former partner have children together, you both bear a legal responsibility to provide the basic necessities for your children. Unfortunately, too many children are going without the financial support they…
DetailsFor the last 35 years, New Jersey courts have typically viewed higher education as a necessity and required parents who divorce and are still financially able to contribute to the cost of a child’s college education. There are a number of factors the court weighs in determining if parents should pay for a child’s college…
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