Author: formulaone

Does Divorce After Age 50 Impact Retirement Savings?

“Gray divorces,” or divorces between parties age 50 and older, are rising throughout the United States. Instead of child custody being a significant issue in this type of divorce, these couples’ primary disputes may focus more on marital assets. Commingled savings are typically subject to equitable distribution in a New Jersey divorce. However, equitable distribution […]

Is an Uncontested Divorce Allowed in New Jersey?

In New Jersey, a divorce may be uncontested. Sometimes, divorcing spouses may resolve their property, custody, and support issues outside of court by entering into a Marital Settlement Agreement. However, even when parties are able to settle the issues in their case, they still need to go through the legal process of obtaining a Final […]

Can an Inheritance Be Divided in a Divorce?

New Jersey law follows the rule of equitable distribution of property in divorce, where marital property is divided based on what the Court believes to be fair. However, this applies to marital property only. In divorce, marital property is anything that both spouses own jointly and/or that either spouse acquired during the marriage. It can […]

What Is Considered a High-Asset Divorce?

A high-asset divorce generally means that the couple seeking a divorce has considerable assets of great value that will need to be equitably distributed. High-asset divorces can be more complex or contentious for several reasons. More Assets to Value It is not uncommon for couples in a high-net-worth marriage to own multiple houses or properties, […]

What Are My Visitation Rights as a Grandparent?

When a couple divorces and there are ongoing custody and parenting time disputes between the parents, the grandparents could be denied visitation. In New Jersey, absent the existence of certain specific criteria, grandparents do not have a legal right to visitation with their grandchildren.  Visitation rests solely in the discretion of the parents.  If you […]