What Happens if One Spouse has Substantial Debts or Liabilities in a High-Income Divorce in New Jersey?

In New Jersey, divorce proceedings can become complex, particularly when one spouse has substantial debts or liabilities. Here’s what might happen in such a scenario: Equitable Distribution: New Jersey follows the principle of equitable distribution, which means that marital assets and debts are divided fairly, but not necessarily equally, between the spouses. This includes debts…

How to Prepare for a Contested Divorce in New Jersey

Going through a divorce is never easy, especially when disputes arise, making the process more complex and emotionally challenging. When this happens and your divorce becomes contested, you may find yourself stuck on the next step to take. For contested divorces in New Jersey, preparation is crucial. At Ziegler Law Group, LLC, we understand the…

Contested vs. Uncontested Divorce in NJ

The Advantages and Disadvantages of a Sleep Divorce

What is a Sleep Divorce? A sleep divorce, also known as a sleep separation or sleeping apart, refers to a relationship arrangement where partners choose to sleep in separate beds or bedrooms instead of sharing the same sleeping space. This decision can be made for various reasons, including differences in sleep preferences, schedules, or sleep…

It’s Tax Time! How Does Divorce Impact Tax Returns?

It’s Tax Time! How Does Divorce Impact Tax Returns?

As tax season approaches, individuals who have recently gone through a divorce may find themselves facing unique challenges when filing their returns. Divorce can have significant implications for your tax situation, affecting everything from your filing status to deductions and credits. Let’s take a look at how divorce impacts your tax returns, as well as…

Are There Strategies for Negotiating a Settlement Without Going to Trial in a High-Income Divorce in New Jersey?

Yes, there are several strategies for negotiating a settlement without going to trial in a high-income divorce in New Jersey. Here are some key steps and strategies to consider: Open Communication: Encourage open and honest communication between both parties. This can help identify common ground and areas where compromise is possible. Identify Priorities and Goals:…

The Increased Rate of Gray Divorce — What’s Fueling It?

The Increased Rate of Gray Divorce — What’s Fueling It?

In recent years, there has been a notable uptick in the phenomenon known as “gray divorce” — the dissolution of marriages among older adults, typically aged 50 and above. This trend, which has captured the attention of researchers and divorce attorneys alike, raises important questions about the factors driving this increase and the implications it…

Can I Request a Postnuptial Agreement During a High-Income Divorce to Address Specific Financial Concerns?

In a high-income divorce, a postnuptial agreement can be requested to address specific financial concerns. A postnuptial agreement is a legal document created after marriage that outlines the division of assets, spousal support, and other financial matters in the event of a divorce. However, the enforceability of postnuptial agreements can vary depending on jurisdiction. Some…