An uncontested divorce in New Jersey is a no-fault divorce and allows a lower conflict way of getting divorced for you and your spouse. Is an uncontested divorce right for you?
If you are one of the thousands of people seeking a cost-effective, amicable means by which to obtain a New Jersey divorce, it is worth taking a moment to learn about the uncontested New Jersey divorce. Whether your issues are simple or complex, a New Jersey no fault divorce can be achieved so long as both parties are cooperative, reasonable, and willing to communicate effectively.
How to Deal With Child Custody
If child custody is an issue, speak with your spouse about your children’s living arrangements and schedules for parenting time. Don’t forget to consider work commitments, as well as activity and school obligations for the children. Consider talking to one another about viable ways to divide up transportation responsibilities, and how best to address the children’s future health and educational needs. You can even create a shared calendar and live with it for a month to see if it is truly workable for your family. Just remember to leave room for flexibility, and understand that schedules will evolve over time as the children’s needs change.
Divide Your Finances Fairly
Once the child visitation / parenting time and custody issues are addressed, you can focus on the financial aspects of your uncontested divorce. Information and supporting documents are important at this stage, as the income for both parties must be properly assessed via tax returns, W2 forms, and paystubs. During your divorce, assets and liabilities will need to be determined as well, so you will need proof of their balances and values. If you and your spouse are in agreement about these values, it is more likely that you will be able to reach a fair and reasonable settlement.
Cover All Your Financial Bases
Once you begin to analyze your finances as a couple or family, you may find there are more moving parts than you expected. Keep track of these disparate financial issues carefully, including:
- Mortgages and home equity loans
- Retirement accounts, such as 401k plans and IRAs
- Pensions and profit sharing plans
- Bank accounts (savings, checking and money market accounts)
- Stocks and bonds
- Vehicles, including loans and leases
- Household contents
- Business interests
- Credit card debt
- Student loans
A joint marital monthly expense budget should be determined in light of all assets and liabilities as well so that support obligations can be properly calculated.
Once you have itemized all income, assets, liabilities, and your budget, be candid about your wish list. If you are clear about what items are meaningful to you and what items may be less important, it will be easier to create a settlement agreement that satisfies both parties in your New Jersey divorce case.
A New Jersey no fault divorce can be successfully achieved once the divorcing couple has agreed upon all of their outstanding issues, including:
- child custody
- child support
- Property division, including the marital home, cars, and all bank and retirement accounts, business interest distribution, etc.
Do you think an uncontested divorce, or another low conflict way of divorcing, could be right for your situation? Our experienced attorneys can assist in reviewing your resolved issues in detail to make certain you did not miss any significant points. We incorporate these terms into a formal Marital Settlement Agreement, or if such an agreement already exists, analyze the Agreement prepared by your spouse’s lawyer to ensure that it accurately reflects the settlement terms. Once the Settlement Agreement is signed, you are then ready to obtain the divorce decree.
Talk to us. Call today (888) 888-0919 to schedule a free initial consultation with an experienced divorce lawyer.