Tag Archives: divorce agreements
May 26, 2023
Divorce and executive compensation
How Executive Compensation Complicates Divorce Settlements During a recent survey, more than 35% of divorcees cited finances as the primary friction point in the marriage. The American Academy of Matrimonial Lawyers further found that divorce rates are higher among high earners than the average American and that divorce rates actually rise during periods of economic…
File Under: Divorce
May 25, 2023
Jeralyn Lawrence Quoted in the Reuters Article “‘A profession in crisis.’ NJ report latest to highlight lawyer mental health problems.”
Jeralyn Lawrence was quoted in the Reuters Article ‘A profession in crisis.’ NJ report latest to highlight attorney mental health problems. “We are a profession in crisis,” said New Jersey State Bar Immediate Past President Jeralyn Lawrence. Read the full article here.
File Under: Jeralyn Lawrence
December 30, 2021
Going Through a Divorce on Social Media
Dealing With Digital Issues in a Divorce Social media accounts and an online presence have become increasingly important mechanisms through which people live their lives. They are not only a means for self-expression and connection with friends but also links to financial information, key identity and employment details, and even business ventures. This means that…
File Under: Divorce, Equitable Distribution
May 7, 2020
The Goal of Divorce
The main goal of divorce is to reach an agreement with your spouse. The terms of the agreement are memorialized, in writing, in a Marital Settlement agreement. This agreement is also known as a Property Settlement Agreement. A very high percentage, meaning almost all, divorce cases settle. In other words, a very small percentage of…
File Under: Family Law, Marital Settlement Agreement, Matrimonial & Family Law
November 1, 2019
Private School Costs in New Jersey Divorces
In a New Jersey case where the parties’ agreement calls for them to “equally divide…school costs,” and one party does not contribute to the costs for years, even though not explicitly asked to do so, a court can enforce the agreement and compel contribution. In the unpublished Appellate Division case of Fanelli v. Hnatowski, the…
File Under: Child Support, College Expenses, Family Law, Matrimonial & Family Law
July 18, 2019
A Penalty Provision in the Marital Settlement Agreement
In New Jersey divorces, marital settlement agreements include language that addresses the ramifications if either person breaches any provision of the agreement. Often, the agreement includes a penalty provision that requires breaching party to pay the other’s counsel fees if the matter requires court intervention. More often than not, courts have largely ignored such…
File Under: Divorce, Marital Settlement Agreement, Matrimonial & Family Law