Most divorces are fraught with difficult issues and questions, especially where financial matters are involved. Perhaps no question is more troublesome to clients than who is responsible for paying the bills during the divorce. Your mortgage payment or rent, utilities, credit card payments, and bank and auto loans must all be paid on time despite the emotional turmoil you’re … [Read more...] about Do I Have to Pay the Bills during Divorce?
If you’re getting divorced without any assets, you and your spouse probably aren’t worried about each other frivolously spending money during the divorce process. However, if you’re going through a high-asset divorce, you may already be seeing your spouse engage in irresponsible financial behavior without any regard for the future. Are you confused about what your spouse is … [Read more...] about Can My Spouse Spend Our Assets While the Divorce Is Pending?
One of the most important parts of a divorce is the equitable division of assets. New Jersey divorce for men and fathers must treat both parties fairly when it comes to spousal support, child custody, and asset distribution. Since men are still the breadwinners in many marriages, it’s more likely that a husband will own and operate a business (although there are plenty of … [Read more...] about Essential Truths About Business Valuations in Divorce Cases
Believe it or not, many spouses look into how to hide assets in a divorce. During high-asset divorce in New Jersey, the spouse may be worried that they will lose too many of the assets they’ve worked so hard to accumulate, or they may be concerned about how they will survive financially after the divorce. It can be challenging to face the financial realities of divorce, but the … [Read more...] about Can Cryptocurrency Be Used to Hide Assets During Divorce?
One major issue relevant to spousal support is cohabitation. Moving in with someone else during or after your divorce can mean that the spousal support payments should be decreased or completely eliminated due to the added support the payee is receiving. Whether you’re a man who is in the midst of a divorce or you have been divorced for many years, you want to make sure that … [Read more...] about How Cohabitation Affects Spousal Support