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Middlesex County Divorce Law Blog

Financial arguments indicative of future divorce in New Jersey

People marry for many reasons and they also divorce for just as many reasons or even more. However, one good indicator of a future divorce for a couple is when the couple begins to argue early in the marriage about finances. A new research study conducted by a university reported that arguments about money is the most common sign of a future divorce in New Jersey or any other state. This is true of all income levels, including high-asset divorce cases.

The study was released by the Family Relations Journal in 2012 after looking at data collected from over 4,500 couples. The couples were respondents of the National Survey of Families and Households. The published research paper, titled 'Examining the Relationship Between Financial Issues and Divorce,' determined that arguments regarding finances between married couples lasted longer and were generally more contentious than other types of arguments between spouses.

New Jersey divorce: More wives now cheat on their husbands

Divorce is never emotionally easy on anyone, but emotions can run particularly high when one of the spouses commits adultery. Traditionally, husbands have had much higher percentages of infidelity than wives, but that is now starting to change - wives are closing the gap. Women in New Jersey and elsewhere now have more financial independence, which makes them feel that the consequences of cheating, if it leads to divorce, are no longer as serious.

The National Opinion Research Center recently released a survey that shows infidelity by women increasing about 40 percent over the last 20 years. Of those surveyed, 14.7 percent of wives admitted to adultery, while husbands have been holding steady at 21 percent. This increase may be attributed to social media, which makes it easier to conduct affairs, and more women being in the workforce and having the financial means to support themselves.

New Jersey police arrest those delinquent on child support

The Somerset County Sheriff says that at least three dozen New Jersey parents were taken into custody recently. The charge is failure to make child support payments. Everyone arrested owed at least $1,000 dollars with some people owing tens of thousands of dollars in back support payments.

The Somerset County Sheriff deemed the round up a good way to remind noncustodial parents who aren't making their payments of what the alternative could be if more payments are missed. Accordingly, the Sheriff hopes that many of the estimated 36 people will end up making payments for at least the foreseeable future. The total amount owed for all of the people arrested was nearly $400,000.

Try to avoid bringing heartache into a New Jersey divorce court

The end of a marriage is always difficult. Even when New Jersey couples are able to get along, there is still often a profound sadness surrounding the fact that they are getting a divorce. Bringing that heartache into court often won't best serve either party.

Feelings of hurt, resentment and anger are destructive forces when it comes to negotiating a divorce settlement. These emotions can lead to thoughts of vengeance and can lead to one or both parties saying and doing things they later wish they could take back. This is especially true when these things are done in front of the couple's children.

New Jersey residents follow pricey divorce headlines

A divorce is often an emotional time, but it can also be an expensive time. With so many celebrity and high profile divorces in the news, people are more than likely taking notice of those articles, especially if facing a divorce themselves. New Jersey residents facing a divorce may be thinking about the best way to protect their assets.

Two of the most expensive divorces of all times have both recently been in the headlines. Rupert Murdoch's second divorce came with a price tag of $1.7 billion. The divorce took place in 1999 and until recently was considered the most expensive divorce. It is now reported that Harold Hamm could be facing a $3 billion settlement. The biggest difference between the two men is that Murdoch had a prenuptial agreement while it is said that Hamm does not.

Hidden cash in high asset divorce cases

When New Jersey spouses divorce, the process often brings out the worst in people. Some become incredibly petty, fighting over minor property division issues or dragging the process out for as long as possible. Others make every effort to be as bitter as possible toward their former partner, which can take an emotional toll over the long run. In many high asset divorce cases, the chosen method of attack is to attempt to hide or divert as many assets as possible, in order to lessen the amount that their soon-to be ex can receive in the divorce settlement.

 

Fortunately for the spouses of those who would attempt these maneuvers, an entire field of practice has developed surrounding the practice of hiding assets. It is known as forensic accounting, and works in much the same way as medical forensics. Think of it as an autopsy for one's business or personal finances.

New Jersey residents take notice of extreme child support case

Child support can at times be a tricky situation. While the law is typically cut-and-dried when it comes to most issues, sometimes a rare situation arises. Many New Jersey residents may have read about the story recently making headlines nationwide involving a man who has 22 kids by 14 women and is not paying child support.

The 33-year-old man is being sued by all 14 women. According to the man, he had lost count of how many children he actually has. At the moment, the state where he resides has been footing the $7,000 monthly bill for child support the man says he is unable to pay due to the fact he isn't able to find employment because of his criminal record. He also added that he has no regrets about having so many children, but pointed out that when he was young he didn't realize that the things he did then could later result in harm.

Rethinking the positive aspects of a New Jersey divorce

If one based all their knowledge of divorce on reality television and other forms of popular media, we would envision each split as a bitter, contentious and dramatic experience that drags on forever and leaves on a broken shell of a person. Then again, we might also believe that finding one's perfect spouse is as easy as becoming a contestant on a speed dating game show. In reality, however, each New Jersey divorce is unique, as is the marriage that preceded it. Not all endings are sad ones, and there is much life to be lived once the ink has dried on one's divorce decree.

Spouses who are considering divorce or who have recently emerged from the process should make every effort to reframe the manner in which they view the end of their marriage. In many cases, moving forward as a single person provides one with the time and energy to pursue old ambitions or new interests. It can take some time to adjust to a life lived on one's own terms, but the rewards can be substantial.

Tips for fathers who want equal or shared child custody

Fathers in New Jersey and across the nation are playing a more active role in the lives of their children than any previous generation. When a marriage ends in divorce, many of these hands-on fathers are not willing to stand by and watch their parenting role be reduced to an every-other-weekend visit. Parenting is a full-time enterprise, and when one parent goes from daily involvement to becoming little more than an occasional visitor, the change takes a toll on everyone involved. Fathers who wish to remain central in the lives of their children should make every effort to secure a child custody agreement that gives them the ability to do so.

Perhaps the most useful tool for accomplishing this goal is to map out one's schedule. This can be done by means of a sophisticated computer program, or with a simple printed calendar. If the other parent is unwilling to grant more parenting time, begin by simply graphing out what an every-other-weekend schedule looks like. In many cases, parents may not realize that this structure leaves kids without the presence of their father for a period of twelve days, a pattern that will repeat every couple of weeks. It is hard to argue that such a schedule would be hard on kids who are used to seeing their dad every day.

Terrence Howard high asset divorce settled

A high asset divorce can be timely and difficult. The process may take longer than desired due to all the factors that have to be considered and reviewed. Whether the high asset divorce takes place in New Jersey or in other areas of the country, it is a time consuming process in which one needs to gather their patience and prepare to confront the details necessary to achieve a comprehensive and fair settlement.

Actor Terrence Howard found himself in the midst of a high asset divorce. His ex-wife filed, alleging she was threatened and abused early on in their marriage. The actor himself made allegations that his ex was blackmailing him in exchange for monetary gain. Prior to the divorce, Howard was bound by a protective order to stay away from his ex-wife.