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Successful co-parenting can follow a divorce

Ending a marriage is seldom easy and can be particularly difficult when children are involved. One of the more challenging issues to resolve can be that of parenting roles following a divorce in New Jersey. Parents may wish to both be an active part of their children's lives but may have difficulty seeing the possibility of that because of differences with a partner. Co-parenting is becoming a popular option, and while celebrities do not often serve as role models, there are some who are modeling co-parenting methods that others can aspire to.

Factors considered by Courts in Awarding Alimony

21FB56C3-E86C-4BF3-9BBB-CEBF665F4705.jpegIn determining whether alimony is necessary, and in determining the nature, amount, duration and manner of payment of alimony, the court must consider numerous factors including the parties' earnings and earning capacities, income sources, mental and physical conditions, contributions to the earning power of the other, educations, standard of living during the marriage, the contribution of a spouse as homemaker and the duration of the marriage.Anderson v. Anderson, 822 A.2d 824, 830-31 (Pa.Super.2003)

Dealing with inherited property in a divorce

Your spouse is not entitled to receive any property that you acquire during the marriage by way of gift or inheritance. N.J.S.A. 2A:34-23. Premarital property which was owned at the time of the marriage also remains separate and cannot be claimed by your spouse. Painter v. Painter, 65 N.J. 196, 214 (1974). In order for your spouse not to receive these assets, they must not be commingled with other "marital" assets during the marriage. will picture.jpg

Establishing a credit rating can ease transition to divorce

As adults in New Jersey, people accumulate a myriad of important information that is stored in databases and is important for obtaining jobs, bank loans and any number of other aspects of life. Few pieces of information are as important as one's credit rating. A married couple will frequently establish a solid credit rating through the establishment of credit via mortgages, credit cards or car loans. Many, if not all, of these may be held as joint accounts. If a couple decide to divorce, one partner may be left without a credit rating in his or her own name.

Familiarity with the financial situation can ease a divorce

The idea of a divorce in New Jersey is never easy to contemplate. A frequent contributor to stress is brought on by concern about post-divorce finances. While that is certainly a valid issue, having an understanding of what is involved with one's finances can be helpful.

Divorce and the new tax law -- it's not just about alimony

Divorce can be a complicated undertaking in New Jersey. It is not normally entered into lightly. With the imminent change in those tax laws that will go into effect on Jan. 1, 2019, there is another factor to be considered. Should a couple divorce sooner or later? This holds true particularly for wealthier couples.

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.

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