The beginning of a marriage is a time full of hope and excitement. When a couple is just starting their life together, the last thing they want to consider is divorce. However, in some circumstances it may be important for the parties to consider that exact scenario. A prenuptial agreement is a contract that allows…
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Why You Should Know the Liquidity of Marital Assets During Divorce
It is common knowledge that during a divorce, the parties will have to divide up the assets and debts that they acquired during the marriage. Especially where the parties have been married for a substantial length of time, this can be a complicated and difficult task. More likely than not, the parties will have many…
Read More »The Case Information Statement in New Jersey
I’m often asked by my clients, “Why do we need to fill out one of these Case Information Statements?” The answer is fairly simple. The Case Information Statement (CIS) is a snapshot of your financial situation during the marriage. This financial picture is important because future financial support and equitable distribution of marital assets depend…
Read More »Equitable Distribution of Property in New Jersey
What is Equitable Distribution? Equitable distribution is defined as distributing all of the assets that you and your spouse have acquired legally during your marriage. Accordingly, there are three steps in equitable distribution. The first step is to identify all those assets. The second step is to set values for these assets. The third step…
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