One of the first things people think when they hear that they will likely go through mediation for their divorce is, "No way."
Divorce takes a major toll on the marital and separate assets of each person going through the process. Because of this, people can be very focused on maximizing their financial settlement. However, this can be extremely difficult if you do not have the information you need to fight for what you deserve.
If you are getting married, chances are you are dealing with a lot of opinions from family, friends and even wedding vendors. People want to tell you what you should wear, where you should have the reception, and even what you should register for.
We often discuss the complications of dividing assets after divorce, however, it can also be difficult to figure out what to do with property you keep after divorce. For instance, you might be struggling to figure out what to do with your wedding ring and other jewelry that symbolized important events in your marriage.
If you are getting divorce in New Jersey, then you need to understand that all your marital assets can be eligible for distribution. This doesn't just include your furniture, car and home; it also includes retirement contributions you made while you were married.
On numerous occasions on this blog, we have discussed the complexities of dividing assets in a divorce. It is undoubtedly one of the most challenging, frustrating and contentious steps in the process, and for good reason. After all, your future and financial well-being could be on the line.
Serving in the military is no small feat. It is stressful, dangerous and exhausting. Members of the military often experience incredible emotional trauma, not to mention the strain of being away from friends and family for lengthy periods of time.
The U.S. Supreme Court recently ruled on a dispute over military benefits in a post-judgment military divorce matter between a 20-year Air Force vet and his ex-wife. It found that, once the vet had waived part of his retirement pay for disability benefits, his exspouse was no longer entitled to a part of that pay.
Spouses decide to divorce for various reasons and while making the decision to end a marriage is never easy, it's often truly the best option for all involved parties. While television programs and movies often portray divorcing spouses as being out for blood and divorce as an acrimonious process, in reality, a large percentage of divorcing spouses care about and respect one another. For these couples, mediation and other forms of alternative dispute resolution provide a favorable alternative to the traditional divorce process.