Divorce is usually not a simple and easy process. Even if there are no children, the couple still needs to sort out the division of their assets. This process can be even more complicated when a couple has significant assets. Whether you and your spouse own a business, properties, offshore bank accounts, 401(k) accounts, investments, […]
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You and your spouse have decided it is time to go your separate ways. Emotions are running high, and much of life may seem uncertain right now. Should you stay in your home once this monumental decision has been made? For one spouse, the answer used to be an emphatic no as New Jersey divorce […]
Continue readingDivorce is an inherently complex process for most couples. However, by definition, a complex divorce involves substantial assets or high-income for one or both spouses. Complex divorces usually include the division of professional practices, family-held businesses, large estates, and marital assets with a high valuation. Even when both spouses are willing to cooperate, these divorces […]
Continue readingObtaining a professional degree is hard work that requires dedication and sacrifice, not only for the student but also for their spouse. Not to mention, it can also be quite costly and burdensome on the family budget. The courts realize that some spouses put their loved one through an expensive and time-consuming degree program only […]
Continue readingNo matter how long a couple is married or what their financial state is, a divorce requires them to identify, value, and divide their assets. If their finances involve only bank or retirement accounts, this can be a simple process. However, if they have a business, the division of business interests can become complicated. In […]
Continue readingA house with a mortgage is a major asset during divorce. Many questions commonly arise regarding divorce and mortgage payments, such as who will own the house and how to change the name on the mortgage. Below, we address these and other concerns. If you are considering a divorce or have questions about dividing your […]
Continue readingPrenuptial agreements, sometimes referred to as prenups, have risen in popularity over the past couple of decades. They are agreements signed prior to a marriage that specify who gets what if and when the marriage should end. If you did not have a prenup agreement when you got married, you still have options. Some married […]
Continue readingFor most couples, divorce doesn’t merely happen without warning. You see the signs and know your relationship is deteriorating. If you are seeing these signs and have a feeling that your marriage is nearing its end, now is the time to take steps to plan for your divorce and secure your future. One of the […]
Continue readingWe’re serious about helping you have fun and spend time with your family this season. That’s why we’ve asked Petrelli Previtera, LLC associates, to share their most important tips for planning a successful post-divorce vacation with kids. In this second session of our Summer Vacation Series, we cover logistics, documentation, and legal lead time. Now […]
Continue readingWhether you were married decades ago or only a few years ago, you may have found comfort in the fact that you and your spouse signed a prenuptial agreement. No matter what happened, you already knew the outcome if your marriage were to dissolve. Or did you? Now you and your spouse have decided to […]
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