Category Archives: Equitable Distribution

Equitable Distribution of Negative Equity

  The factors that must be considered by the court for purposes of determining equitable distribution of assets and debts acquired during marriage are identified in N.J.S.A. 2A:34-23.1. Items included for purposes of equitable distribution are: marital properties vehicles bank accounts stock options retirement accounts mortgages credit card debts automobile loans any other assets and…

Read More
What should you think about if considering a divorce?

  While each case is different, there are general issues every client must contemplate when considering a divorce in New Jersey. Custody & Parenting Time The first and foremost consideration is if there are any children of the marriage. If so, the issues of custody and parenting time must be addressed. There are two different…

Read More
Tax Issues for Divorced or Separated Individuals

The IRS, Publication 504, outlines a host of tax filing requirements for people who are married or separated when filing their annual tax returns. You are considered divorced for the entire year if you are divorced on any day in a given tax year. This is true even if you got divorced on December 31. …

Read More
Is technology making it hard to find money in NJ divorces?

In some New Jersey divorce cases, one party may use technology to hide or move money.  The good news is that there will almost always be a trail that can be traced. Cyrptocurrency The use of cryptocurrency to conceal assets is a concerning trend. According to Wikipedia, “A cryptocurrency (or crypto currency) is a digital…

Read More
Loading
Call Now ButtonCall Us