If you and your spouse have been talking about getting a divorce and you own a home together in New Jersey, you might be wondering how to decide what you should or should not do with your home during or after your divorce. Many people want to try and keep their homes, especially if they still have children who live at home. This is understandable given the emotional attachments often associated with a home. However, this may not be a wise option from a financial perspective.
When New Jersey couples decide to get a divorce, they may wonder how they will tell their children. When people sit down to talk to their kids about this new development, there are a few things they may want to keep in mind.
Among the many things that can go wrong during the course of a marriage, infidelity ranks among the worst. Most spouses are unable to bounce back after the other has cheated, which can mean that divorce is looming right around the corner. While the following information isn't definitive proof of a cheating spouse, Psychology Today has compiled some common signs of cheating.
For most people in the U.S., debt is part and parcel of life. It is all but impossible to avoid having some debt even if that is just one car payment but is it common for people to have multiple debts to manage on a regular basis. When a couple in New Jersey faces an impending divorce, figuring out how to divide their debt can be a complicating factor and is one that deserves careful attention to avoid potential financial problems down the road.
Because divorce is such a serious change for many couples in New Jersey, it is virtually impossible for them to prevent their emotions and concerns from reflecting in their demeanor. In many cases, people may notice that their ability to focus in other areas of their life is hindered by the incessant flow of difficult emotions that are taking place in relation to their personal circumstances. People may need to disclose a general description of their situation to their employer as part of their efforts to generate understanding from the people they work with each day.
Divorce is heartbreaking, as anyone can tell you. However, getting a divorce may literally be bad for your heart, as a recent study suggests. You and other New Jersey residents may want to learn about the potential link divorce has with the risk of heart attacks.
If you are one of the many people in New Jersey who is starting off the new year with a split from your spouse, you will want to educate yourself about the new tax laws that just went into effect at the start of January. This will be especially important for couples who may have retirement assets to split or for whom alimony may be a factor in divorce.
Those in Paterson looking into ending their marriages may come across two distinct divorce-related terms that may seem contradictory: "no-fault divorce" and "grounds for divorce." The former gives the impression that one need not cite fault when seeking a divorce, while the latter implies that there does indeed need to be a reason for a couple to divorce. While outwardly confusing, these two legal principles actually complement each other.