Even couples who are convinced their marriage is over hesitate to take the final steps toward divorce during the holiday season. Not wanting to disrupt their families during what is supposed to be a happy time, they put off the inevitable. For that reason, January has become the month in…
Articles Posted in Divorce
Divorce and Your Credit: Consider the Pitfalls before Co-Signing a Loan
It is natural for married couples to do almost everything together. After all, marriage is a partnership and one that is built on trust. Because of that, few people would hesitate to enter into a joint contractual or financial arrangement with their spouse. And while that may be fine as…
Heading for Divorce? Take Steps to Protect Your Credit Rating
When contemplating divorce, one of the first issues to be handled, after custody, is the distribution of marital assets. What some people fail to do adequately, however, is address the issue of joint debt that has accumulated during their years together. Failure to take care of debt and credit issues…
New Tax Changes Can Impact Divorce Agreements
By now, all year-end tax records have been received and people are busy preparing tax returns for filing by April 15. Earlier this year, changes were made to the tax code which could affect many people, especially those in the process of divorce. On January 1 the American Taxpayer Relief…
In Divorce, Paying Attention to Details Can Avoid Future Problems
Newt Gingrich, Advance Directive Advocate (Photo credit: Mike Licht, NotionsCapital.com) Although divorce can be a very emotional experience, keeping a clear head concerning certain practical matters can help to avoid additional heartache down the road. If, after reading the following, you need a Hunterdon County lawyer to assist you with…
Changing Your Name Following Divorce Is Easy, but Take Care to Avoid Complications
ch-ch-ch-ch-changes (Photo credit: Heather Quintal) Although its origins date back to a time when women had few individual rights, the custom of women taking their husbands’ names at marriage is still popular. (1) It can be a symbol of unity as a couple starts their married life together. If the…
Impact of Divorce on Your Income Tax Returns Can Be Costly
Tax (Photo credit: 401K 2012) When a couple faces divorce, the IRS and taxes are probably the last things on their mind. Divorce, however, carries tax implications that, if ignored, could cost you plenty down the line. The following covers a few basic facts you should be familiar with regarding…
Divorcing an Absent Spouse Requires Detective Work
Your marriage failed. You are convinced there is no saving it. You want a divorce. The problem is you have no idea where your estranged spouse is, and the law requires you inform him or her of your intentions before a divorce is granted. Does this mean you are at…
Annulment v. Divorce – What Is the Difference?
English: Kris Humphries playing with the Dallas Mavericks (Photo credit: Wikipedia) When the marriage of former NJ Nets player Kris Humphries and Kim Kardashian ended, Humphries sought an annulment over a divorce. (1) Both actions have essentially the same results – ending the union between a man and a woman…
Ex-Spouses Are Still Entitled to Receive Social Security Benefits
Marriage (Photo credit: Lel4nd) Did you know that even after divorce you still may be entitled to receive Social Security benefits based on your ex-spouse’s contributions? It’s an area many divorced couples may overlook, but one that can be crucial to your the financial well-being. According to an article on…