Divorce is a difficult process and marks the end of a partnership that was begun with the belief that the partnership would last a lifetime in New Jersey. When a marriage ends after several years the issue of property division can become one that is fraught with emotion, and those emotions can make the issue that much more difficult to resolve. This can be particularly true when attempting to resolve issues regarding property division and the definition of marital property versus separate property. Real estate is frequently the largest asset held by a couple.
Prenuptial agreement can protect business in divorce
Small business plays a significant role in the economy of New Jersey and around the country. Many of these companies are started by people prior to marriage as many are waiting until later to marry. While the divorce rate does appear to be on the decline, there is still a significant risk of one's marriage ending in divorce. In the event that this happens, what becomes of the business?
Fathers will want to keep these things in mind if they divorce
Navigating divorce in New Jersey or any other state is never easy, especially if you happen to be a father and your spouse is intent on causing as many problems as possible regarding child custody, visitation, child support and property division. The good news is that the days are gone when people logically assumed that children fare best in the sole custody of their mothers after divorce. Divorcing your spouse doesn't mean you wish to abdicate your role or responsibilities as a parent.
Financial understanding can reduce stress that can end in divorce
Embarking on a marriage is one of the most exciting times in a young couple's life in New Jersey. They are full of hope for the future and what they anticipate to be a long and loving relationship. While the divorce rate among young couples is down, there is still almost a 50% chance of a marriage ending in divorce. For this reason, couples may want to take certain steps and consider certain financial issues prior to getting married.
