Recently, a New Jersey man won a $273 million lottery jackpot. His ex-wife, having just divorced him last October, said she had no interest in rekindling the romance despite the man’s windfall, nor did she want any part of his winnings. She simply wondered if...
It’s natural to worry about the well-being of your loved ones after you’re gone. One of the ways to find peace of mind is through creation of a will. A court will validate and disseminate the will after death through a process called probate. What happens if I have...
Spending too much on holiday gifts may not seem like a big deal if you are the one doing it. However, if your spouse spends too much on presents, that could be a much bigger issue. People often lie about holiday spending According to a survey conducted by...
One of the hardest parts of ending a marriage is figuring out the finances. The end to every marriage looks different when it comes to finances and usually there is not a cookie cutter way to get it figured out. In some cases, both spouses moved up the career ladder...
When you are getting divorced, you may have many financial concerns. This includes worries about how the various assets you and your spouse collected over the years will now be split up. You might end up reaching a full agreement with your ex over how property will be...
You may have been warned to avoid probate, but you might not fully understand what it is. Probate is a legal process used to handle the payment of debts and transfer of assets after a person has died. The process is supervised by the county Surrogate Court. When...
As a parent, you likely want to make sure that your child has access to the supplies and care that they need. Child support can help take care of your kids, but that doesn’t mean it is always possible to make those payments. There are several reasons why your...
The arrival of a new child—especially the firstborn—creates much anticipation and excitement within a family. Suddenly a couple becomes three or more, and with that comes new hopes and expectations for the future. With a new edition comes more planning: Picking a...
You may think you don’t need one—after all you’re young and have very few assets: A car that’s paid for, sure, and about $7000 in a 401K. It’s hardly worth worrying about. Or perhaps, even though you are a single parent, you have no money to leave your child...
Few parts of the divorce are more stressful that the worry of how it will affect the children. The lifestyle change is significant, and learning the basic terminology to discuss your options can be daunting. Custody is often a contentious issue, and there are two...
