Tag Archive for: gifts

Post-Season Financial Preparedness: Who Owns the Holiday Gifts?

holiday gifts and divorce

If you were lucky enough to receive a particularly high-value gift over the holiday season, and you are also married or soon-to-be-married, then you may want to take a moment to consider the ownership of that gift. While no one wants to think about the possibility of divorce during happy times, those happy times often present the best opportunity for planning. Financial preparedness is like insurance—if you wait to think about it until you need it, you could be too late.

So what are the rules in New Jersey regarding gifts and divorce? Read more