When you decided to divorce, you also decided that co-parenting would be the best way to help your children through this difficult time. Both of you recognized that just because your marriage was ending that doesn't mean that you stop being a family.
Inherited IRAs may be a possible option for property division
As the time for certain aspects of the new tax law to go into effect approaches, new financial arrangements for divorce are being considered in New Jersey. Since the federal tax law regarding alimony is changing, people navigating divorce proceedings are in search of alternative property division options. One such arrangement involves IRAs. A question was recently posed as to whether it is possible to split an inherited IRA.
Separation does not always lead to an immediate divorce
When entering into a marriage in New Jersey it is almost always with the thought that it will be a marriage that lasts. While this holds true in many cases, separation and divorce are still a common occurrence in today's society. Depending on the situation, a couple may decide to separate, but they may not plan to divorce right away. There are many reasons for this.
