Many factors are considered by the courts in New Jersey during a child custody case. While each parent’s financial status is one of the factors, several others play important roles in the final decision. Finances, however, can play a role in how each parent approaches...
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Month: May 2023
4 things moms should know about child support
New Jersey mothers who go through a divorce often find themselves facing many financial questions. In addition to adjusting to life on a single income, the concept of child support often makes an already difficult divorce more contentious. There are a few things that...
Financial infidelity in gray divorces
New Jersey and other states are seeing a growing trend in the divorce rate among older couples. These “gray divorces,” as they are known, often come with unique challenges, including financial issues such as "financial infidelity." Gray divorces Gray divorces are...
A short guide on alimony payments
Alimony is a term that describes payments that one spouse or partner makes to the other during or after a divorce or separation. Alimony payments are a way for New Jersey divorcees to help support the spouse who is in a financially disadvantaged position, either...
