Divorce rates have been on the decline for most age groups in New Jersey and elsewhere around the country with the exception of one group, those over 50 years old. Among older Americans divorce has actually seen an increase. Of course, it comes with property division issues at any age, but these concerns can be particularly tricky for older Americans.
You perhaps didn't expect to be among those in New Jersey who are filing for divorce this year. Maybe you were hoping that you and your spouse would be able to work things out. If you're reading this blog, it's likely because you've either already filed for divorce, are considering doing so, or your spouse has informed you that it's what he or she wants. Divorce is emotionally challenging for most people, especially those who have children.
Dividing property and assets in a divorce can be a difficult process. Typically, one thinks of insurance policies, retirement accounts, investment portfolios and real estate as property to be divided up in the divorce proceedings. One asset people may forget about in New Jersey is all of those accumulated credit card points.