Alimony has its place in all divorces. There are many different types to suit a couple’s situation. One defunct term that is now six years old in New Jersey is permanent alimony, which may sound ominous. If your ex is entitled to alimony permanently, that sounds like your divorce just dinged your monthly income for the rest of…
When going through the divorce process, a big court battle is not the only option. Divorce mediation is an alternative that is usually more peaceful and less expensive. However, while it is a good option for many couples, there are some instances in which mediation may not be the best choice. According to FindLaw, mediation…
Buying or selling a home is a significant ordeal that neither homeowner nor prospective buyer should take lightly. Real estate transactions involve the law of real property, which is complex and often poses a number of legal issues not present in other, less substantial transactions. Whether you plan to buy or sell a home in…
During the divorce process, you may request to receive a portion of the value of your spouse’s employer-sponsored retirement plan. As noted by Barron’s, you should recalculate your own retirement plan and then adjust your living budget to reflect your new single-household income. Depending on the retirement plan’s particular rules, some individuals may receive a cash payout…
Married couples who started a business together in New Jersey may find it challenging to divide it during a divorce. Some spouses may instead decide to continue running it as partners rather than one individual buying out the other’s ownership stake. As reported by Fast Company magazine, two ex-spouses may need to enter into an…
