Divorce Topics

QUESTION: Are there any particular tax issues I should be concerned about now that I’m getting a divorce? Benjamin Franklin said that nothing can be certain except death and taxes.  As you go through your divorce, you will face a lot of uncertainty. Careful planning can help ensure that your taxes aren’t part of that […]

An issue that often comes up in cases where one spouse suspects the other of hiding assets or income is the related suspicion of extra business activities. For example, your spouse might have a day job, but you also suspect him or her of moonlighting at some side business. Depending on how much activity you […]

When spouses get divorced, often one of the largest issues, if not the largest, is what happens to the marital home that is jointly titled in both spouses’ names. While there is the option of keeping it in both names after the divorce, this is ill-advised and almost never happens in practice. Instead, the goal […]

The divorce process does not begin by retaining a lawyer; it begins the moment you accept that your marriage is over. There is a great deal of ambivalence and frustration at this moment of realization. Before moving forward with your case it is important to reconcile with these emotions and act rationally. This is the […]

Going through a divorce can be a challenging and emotionally charged experience. It becomes even more complex when you suspect your spouse is hiding assets or underreporting their income. In such cases, understanding the importance of financial disclosures and knowing where to look for missing information becomes crucial. In this article, we’ll explore strategies to […]

Benjamin Franklin said, “Nothing is certain except death and taxes”. While you are certain to pay taxes after a divorce, your divorce can have an unpredictable effect on your tax status. Here are some things you need to consider when filing taxes after your divorce.  Your tax filing status.  Your filing status is determined by […]

QUESTION: My spouse and I own a home that’s in foreclosure, and we owe more money than the house is worth. We’re divorcing and I’m wondering if I’m going to be responsible for 50% of the difference between what the house sells for and what we owe or if that all goes away due to […]

Now that my spouse and I have officially separated, I moved out of our home last month, am I responsible for any debts he may now incur or is he 100% responsible for new debts? I ask because he’s in the process of financing a new car.

Imagine yourself as a budding entrepreneur with a great idea. You work hard every day to grow and expand your business. Suddenly you are receiving larger orders as the days and weeks pass. Your work has become your life. In the little free time you have, you go out with friends and eventually, when you […]

A recent New Jersey Court declined to modify a child support order against Ahmad Bradshaw, a former running back for the New York Giants who moved from New Jersey to Virginia after he changed NFL teams. The judge’s reason was that the New Jersey court lacked jurisdiction to issue a modified order under the Uniform […]