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Division of assets and debts Archives

“In Our NJ Divorce, I Get Half of Everything. Right???”

Identifying jointly acquired marital assets and debts, valuing them, and distributing them are part and parcel of almost every New Jersey divorce, including for people of modest means. New Jersey is an equitable distribution state, meaning that the couple’s assets are distributed in a way that is fair, yet not necessarily equal. In some states,

“In NJ, do we have to wait until the end of our divorce case to evaluate and distribute our retirement assets?”

In New Jersey, a divorcing couple is required to divide their jointly acquired marital assets and debts, and, for the most part, to divide them evenly. This includes assets —such as pension plans and 401k’s that one or both of the parties will receive upon retirement or the other party’s death. New Jersey is an

Protect My Ass(ets) in a New Jersey Divorce? Here’s How.

According to a recent report of U.S. Census data, New Jersey has the lowest remarriage rate in the nation. These statistics indicate that New Jersey residents either stay married or get divorced and never say “I do” again. This phenomenon is consistent with other marriage data about New Jersey, which has one the lowest divorce

Protect My Ass(ets) in a New Jersey Divorce? Here’s How.

According to a recent report of U.S. Census data, New Jersey has the lowest remarriage rate in the nation. These statistics indicate that New Jersey residents either stay married or get divorced and never say “I do” again. This phenomenon is consistent with other marriage data about New Jersey, which has one the lowest divorce

Client to Lawyer: “Can I get divorced yesterday?”

Almost every new divorce client wants to know: “How long will this process take? If not by yesterday, then can we be divorced by next month?” From experience, my answer is always the lawyerly one: “It depends.” In New Jersey, parties may resolve the underlying issues child-related and financial issues in various ways, but only a Family Court Judge has

How Does “Grey Divorce” Affect Retirement Savings?

Just recently, our office completed two “Grey Divorces”. In one case, our client was approaching retirement age; in the other, our client had already retired. In addition to alimony and equitable distribution of real and personal property, our clients were concerned about the division of their retirement funds. In both cases, one spouse still worked

“Grey Divorce”: What Happens When Seniors Need to Separate?

Veronica came in to see me by herself. She appeared to be in her early 80’s. She looked anxious and confused and was disheveled in appearance. She wasn’t sure why she needed to see me, other than that her three (3) grown up daughters threatened not to stay in contact with her anymore unless she divorced

Guest Blog Post by Dr. Jennifer Gardella

I filed my own divorce – and here’s why you should not. If you have found your way to this post, first and foremost, I feel your pain. Whether you have been left by your significant other or are the one leaving your marriage, there is a death of a love, of a dream, and

Hanan M. Isaacs, P.C.
4499 NJ-27
Kingston, NJ 08528

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