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How Is Child Support Calculated?

When a divorce involves children, one of the issues that courts must decide on is how the costs of caring for the children will be distributed. States vary in how marital assets are divided and in how child support payments are determined. In New Jersey, the courts have set up extensive guidelines for how to determine the amount of child…

Why Is January Known for Divorce?

While most people look forward to the holiday season each year, the month of January can be a letdown for a variety of reasons. Not only is the excitement of the holidays over, the weather can be very cold and dreary. January also has a reputation for being known as the “divorce month,” a time when unhappily married couples decide…

How Quickly Can I Get a Divorce?

The time it takes to get a divorce depends on several factors. If you and your soon-to-be ex-spouse are both reasonable and cooperative regarding the main issues that must be resolved, you can be divorced in as little as six to eight weeks. However, if your divorce is contested and there are issues you cannot agree upon, the process can…

Why Should High-Asset Divorces Be Treated Differently?

A divorce is rarely simple, it is often lengthy, and for many, the divorce process is highly emotional. If high-net-worth assets are involved, the divorce process is even more complicated. Understanding the elements involved in high-asset divorce will help mitigate your stress level, emotions, and prepare you for what to expect throughout the proceedings. Most divorces have certain common elements,…

What Are Holiday Co-Parenting Tips?

If you are divorced and have children, you may feel some anxiety when it comes to the holidays and other special occasions. Conflict between co-parents happens over child custody schedules, vacations, and the introduction of new partners. However, co-parenting over the holidays does not have to be stressful. Below are important holiday co-parenting tips you can follow. Create a Holiday…

Can Alimony Be Modified?

After a divorce settlement is reached, it is not necessarily set in stone. Someone’s life can drastically change in an instant, such as a job loss. If you are divorced and your financial situation has changed significantly, you may be able to have your alimony payments modified. An alimony agreement has terms that specify whether or not it can be…

What Happens to Debt in Divorce?

Divorcing couples are rightly concerned about the division of property. The reality is that the division of debt is just as important as the division of assets. Divorcing spouses need to protect themselves from nonpayment of loans and other debt that could ruin their credit score and cause financial devastation after a divorce. Minimizing exposure to debt concerns must be…