Posts Tagged ‘finances’
Social Security Benefits and Divorce
An individual is entitled to collect Social Security benefits based on his or her own earnings history, or 50% of the spouse or former spouse’s benefit, if it is greater than the individual’s, or 100% if the spouse is deceased. In the event that the individual is divorced, it must have been a marriage of…
Read MorePermanent Alimony Reform
Currently New Jersey still provides for permanent alimony under certain circumstances including long term marriage and/or a significant discrepancy in earning capacity between the parties. According to a recent article by Elizabeth Benedict in the Huff Post, times they are a changing. A grassroots movement in Massachusetts begun by an individual, Stephen Hitner, brought the…
Read MoreWhat Becomes of the Ring?
In both New Jersey and Pennsylvania, an engagement ring is a conditional gift given in exchange for the promise of marriage. If the engagement is broken and the marriage doesn’t occur, regardless of fault, the ring is returned to the giver. The problem occurs once the marriage has taken place and the couple is faced…
Read MoreLiving Together During the Divorce Process
The majority of couples heading for divorce face the uncomfortable and often very stressful transition period of living under the same roof while knowing you are heading in different directions. One of the many positive attributes of the mediation process is that you can work out personal and financial guidelines while you are still living…
Read MoreSurviving Divorce Transitions from Initial Loneliness to New Friendships
There are many transitions one goes through when divorcing. There is the obvious change in marital status, but the are many ancillary losses and rebirths that follow. One of the first experiences that may strike you is that first weekend you spend alone when your children are with the alternate parent. You need to be…
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