Tag Archive for: division of assets

Getting Top Dollar for Household Items Sold During Divorce

As part of your divorce settlement, the decision was made to liquidate certain household assets and split the proceeds. So where do you go to get top dollar for things like paintings and art work, antiques, and other jointly owned valuables and collectibles? If you have items to unload, here are some people and places that can help maximize your money: Read more

What We Can Learn From Hollywood’s Nastiest Divorces

Reading through a list of some of Hollywood’s nastiest divorce battles, we couldn’t help but notice that each case described offered a very valuable lesson in how to (and how not to) get what you want from your divorce. Call it a Hollywood teachable moment! In part 1 of our blog series on celebrity divorce, here are three particularly ugly divorces…and a takeaway message we can learn a thing or two from: Read more

Don’t Let Divorce Ruin Your Finances: 5 Key Steps

When Ron left Mary after just shy of 10 years of marriage, he thought their divorce would be quick, clean and leave him free to pursue the life he always wanted. Because they didn’t have kids and Mary was steadily employed, Ron didn’t pay much attention to the divorce documents he filled out, just estimating as best he could on certain items, like his income and his own expenses. Read more

Help Your Golden Years Stay Golden: Protecting Retirement Funds During Divorce

New Jersey Legal Relationship Agreements

Worried about your retirement? You are not alone, especially when it comes to the question of dividing that nest egg you’ve worked so hard to save and build up. Divorce can be a devastating event, but it doesn’t need to ruin your retirement. For tips on how to protect your funds, here are six steps towards a more secure financial future: Read more

The Medicaid Divorce: How Splitting Up (On Paper) May Protect Your Partnership

Long-term illness can be brutal on a couple’s finances. When one partner is too sick to work, but the other can’t afford to pay for healthcare — something that often happens when one spouse has cancer, whether you have insurance or not — it can drain a family’s hard-earned resources. Read more

Did Mark Zuckerberg and Priscilla Chan Sign a Pre-Nuptial Agreement?

After news broke Saturday that Mark Zuckerberg wed longtime girlfriend Priscilla Chan in a quiet backyard ceremony just a day after the Facebook CEO took his company public to the tune of $104 billion, it has quickly become the status update everyone wants to know: did the couple sign a pre-nuptial agreement before taking their vows? Read more

Bling it on: Why you shouldn’t fight over valuables — and how to avoid the battle

Division of assets during divorce can lead to some pretty nasty arguments. But when divorcing couples fight over “stuff”, whether it’s valuables or tchatchkes, it’s almost always a battle over intangibles. Memories, family associations, and ideals about love and marriage are at the heart of such arguments. In the confusion and turmoil of divorce, people will battle blindly to hold on to physical “anchors” they associate with emotions — even if it makes matters worse!

One way to avoid such arguments is to limit the number of things you are willing to fight over. Here’s a process to try (and if you can get your spouse to do the same, it will work even better): Read more

Heidi and Seal Divorce: Can a Post-Nuptial Agreement Be Challenged?

Supermodel, Project Runway host, and entrepreneur Heidi Klum has accumulated a fortune worth an estimated $70 million. But is her soon-to-be ex-husband Seal entitled to any of it? Read more

Pet Peeves in Divorce Court: Deciding Custody of Animal Companions

Pet Custody and Divorce
For many of us, our pets are just like children. In recent decades, the question of “pet custody” has become a very real issue in divorce courts around the nation, especially when the break-up isn’t amicable. Court battles over pets can get just as nasty as child custody battles — or sometimes nastier. And it’s not an issue that’s likely to go away any time soon, particularly since courts (and legislatures) are starting to address the issue. Read more

Divorce After 50 — What’s Different About It?

New Jersey Legal Relationship Agreements

The Wall Street Journal recently reported on a divorce boom among the over-50 crowd. “Gray divorce” is on the increase in spite of an overall trend of lower divorce rates. Although the WSJ’s article was exploring why this trend is happening, we’d like to point out that there are some unique factors in later-life divorce that might make a difference in how you go about a post-50 split. Read more