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…
If you and your spouse filed for divorce in New Jersey last year, then you may have questions about how to handle your 2019 tax return. This is especially true for those who pay alimony or child support, share custody of dependents or have complex property division issues. Keep these common tax problems in mind when filing…
The Supreme Court ruling that allowed same-sex couples throughout the United States occurred nearly five years ago in 2015, although marriage equality in New Jersey occurred two years earlier. Whether you got married at that time or are contemplating marriage with your partner now, you may wonder about the longevity of your relationship and the…
When people have been married for a significant length of time and decide to get divorced, courts will often require that some form of spousal support be paid. This is especially the case for couples in New Jersey where one of the individuals was the primary breadwinner and the other was tasked with raising children…
