Category: Marital Assets

Main Reasons for Court-Ordered Home Selling in NJ Divorce

A Judge Takes Multiple Factors into Consideration when Making a Decision to Require the Sale of a Home as part of a Divorce or Post Divorce Proceeding in New Jersey

Can a House Sale be Forced During or After Divorce in NJ?If you are currently going through a divorce in New Jersey or experiencing post-divorce issues related to arrears of payments ordered by the court in your divorce, you may be wondering if the judge can force a sale of your home.

The short answer is yes. Courts have broad discretion in these cases to divide marital property equitably or provide an appropriate remedy for non-payment of alimony or equitable distribution, both of which may involve the liquidation of real estate property including the marital home, even if one of the spouses is living there. In some situations, the court may even order a spouse living in a home to vacate the property and appoint an attorney to effectuate the sale of the home, if necessary.

It is imperative to get a knowledgeable attorney to assist you with your divorce, before or if the court gets involved, and you lose a good chance to make the most empowered decision about your property. We are dealing with significant issues here—possibly one of your most valuable assets—and consulting with an experienced lawyer at the Bronzino Law Firm can have a profound impact. Before, during, and especially after your divorce is finalized, our team of family and real estate lawyers have the skill and motivation to guide you through these challenging times.

As you continue on to learn more about how divorce may have a direct impact on the sale of the home where you live or previously lived with your spouse in New Jersey, remember that you can always contact our offices in Brick and Sea Girt at (732) 812-3102 or send us an online message to go deeper into your particular situation. An attorney on our team is prepared to provide you with personalized assistance in a free initial consultation.

Specific Scenarios in which a Judge Can Force a Home Sale in a NJ Divorce Case

There are two primary situations in which a New Jersey judge might force the sale of a home as part of a divorce or post-divorce: to equitably distribute the marital assets during a divorce or to liquidate an asset to pay a spouse’s alimony or equitable distribution arrears. It is important to note that just because you are going through a divorce does not mean the judge will force a sale of your home to divide the proceeds. There are many other factors that go into determining how to equitably divide your marital assets including available liquid cash, stocks, bonds, money in retirement accounts, other property owned, and future income.

The parties may work out a settlement in which one spouse keeps the marital home and then pays the other scheduled payments of equitable distribution over a designated period of time in the future. However, if there is no other way to equitably divide and distribute the marital property or the parties cannot agree how to do that, the judge may order the marital home to be sold and the proceeds of the home to be equitably divided.

Forced Sale of Real Estate to Equitably Divide Assets during a Divorce in New Jersey

Judge's Decision to Sell a Home for Divorce in New JerseyUnder New Jersey law, the court is allowed to tailor a remedy to fit the needs of the situation and achieve an outcome that is just and reasonable. The court can order the sale of a home before a divorce is final to liquidate and equitably distribute marital property. It is very important to understand that in New Jersey property in a divorce is distributed equitably not equally.

Equitable means that the division must be fair and just based on the totality of the circumstances, which includes many different factors like length of the marriage, income of the parties, age of the parties, standard of living during the marriage, economic situation of each party at the time of divorce, and more. Therefore, one spouse may be given a greater portion of the assets during the divorce but the division is deemed to be fair and just based on the circumstances.

Two Previous Cases Shed Light on Mandatory Sale of a Marital Home in NJ

Bautista v. Bautista

In a New Jersey divorce case, Bautista v. Bautista, the wife received the marital home in a divorce. She was ordered to take the husband’s name off of the mortgage within a certain period of time, but failed to do so. Then, an enforcement order was issued requiring the wife to refinance the home and remove the husband’s name or the court would force the sale of the property.

The wife failed to comply with the order and was ordered to vacate the property unless she sold the property by an extended deadline, reasoning that the house might sell faster if the wife was not living there. On appeal, the court held that while the court has broad discretion, it must state its factual findings and correlate them to its legal conclusions, and that, in this case, the lower court failed to find any evidence that the wife intentionally delayed the sale of the house or that the house would sell more quickly if the wife was not occupying the property.

W.S.H. v. V.L.P.

In another New Jersey case involving the forced sale of a home, W.S.H. v. V.L.P., the court ordered a wife to sell a beach home that she retained in her divorce, after she failed to make alimony and equitable distribution payments and fell into arrears. Given her previous repeated failure to comply with the court’s orders, it also appointed an attorney-in-fact to sell the house.

Other Assets Besides the House that You May be Forced to Sell

As stated above, the court has a lot of discretion in deciding how a marital estate should be equitably distributed when the parties cannot otherwise agree or to enforce an order that is violated by one of the parties, as long as the remedy is just, fit, and reasonable. In addition to forcing the sale of a home, the court may order a party to cash out or liquidate other assets like stocks, bonds, vehicles, boats, and even other types of personal property like artwork or jewelry if it is marital property or property acquired during the marriage.

If You are Facing Divorce or Post-Divorce Issues with Real Estate, Do not Delay in Contacting our Brick & Sea Girt Locations

If you are going through a divorce or dealing with post-divorce issues with your former spouse, it is critical that you have the assistance and expertise of an exceptionally informed and creative New Jersey divorce attorney. The forced sale of a home either to equitably distribute assets or to pay alimony arrears can create a huge legal and financial burden. There may be another way to resolve the situation, but those solutions are very fact-specific. Before losing your home, contact our team of experienced attorneys at Bronzino Law Firm today.

On the other hand, if you are facing challenges with your spouse or former spouse in receiving the funds you are entitled to, our divorce lawyers are prepared to do the work to ensure that you are properly compensated. Contact us to address all of your divorce and real estate-related needs in Wall, Lacey, Holmdel, Toms River, Ocean Township, Red Bank, Sea Bright, Freehold, and other towns in Ocean and Monmouth County for a free consultation at (732) 812-3102, or complete our online form about your case and take the first step toward successfully resolving your home sale difficulties. We are here to answer and address all of your concerns and craft the best strategy to reach your goals during and on the road after divorce.

Much-Needed Documents for Getting a Divorce in New Jersey

Having an Outline with the Most Important Divorce Documents to Find will Help You Save Time and Money in Your Divorce in Freehold and Toms River NJ

Assemble these Documents before Your NJ DivorceThere are many ways to get a New Jersey divorce ‘right;’ and there are just as many ways, if not more, to get it ‘wrong.’ Not preparing or executing a divorce proceeding properly leads to the emotional and financial drain on both sides and can even mean a settlement in which your rights to an equitable share of marital assets, spousal support, child custody, and child support are not met.

Proper preparation for your divorce in New Jersey is a multifaceted process that can mean the difference in months of discovery and thousands of dollars in lawyer’s fees. When faced with beginning this process, there are a variety of different documents you need to organize. The sooner you start to gather them, the better it will be for your divorce. Keep this helpful outline in mind when considering how best to prepare for your divorce before you file, particularly when it comes to collecting all of the documents you’ll need.

Benefits of Preparing the Necessary Documents for Your Divorce Before You File

There are many benefits to collecting appropriate marital and financial documents before you file for divorce. One such benefit is that you’ll save time and money preparing what you can before you meet with a divorce lawyer. The more work you do beforehand, the more they’ll have to work with. Another benefit is that you’ll lessen the risk of one or more important documents disappearing if and when your spouse becomes disgruntled with the divorce.

Documents Considered a Must in a NJ Divorce

The key documents that you must have at the ready in a divorce can be divided into marital documents, financial documents, and assets documents.

Marital documents include both legal marriage documents and informal records about your marital affairs.

The legal marriage documents are must-haves: your marriage license and any prenuptial or postnuptial agreements you and your spouse have, as well as current copies of living wills and trusts.

Financial documents are an equally important and much vaster part of the information you must have at the ready. Obtain the following financial documents for each spouse, as possible:  statements for all personal and joint accounts, W-2s and other income statements, tax returns for the previous five years, marital property tax statements, retirement accounts, stock options, shared capital and property investments, outstanding joint debts, and stock options. Other financial documents that it will be helpful to have at the ready, organized in digital and hard copy form, are shared bills, joint credit card statements, and online account statements.

Assets documents are essential to the case information and include a complete itemized list of all joint assets with ownership documents such as titles. Marital assets include the marital home and other shared properties, automobiles, home decor and furniture, valuables, and even individual retirement accounts that were contributed to during the course of the marriage. Gather deeds and vehicle titles. Shared investments and rental properties that were purchased or invested in during the marriage are also considered marital assets. When creating the list of marital assets, it is helpful to gather all receipts and titles that show that the item was purchased during the marriage.

Creating delineation between separate and marital assets is important. Create a list of assets that you purchased before the wedding, as well as inheritances that you have not used with your spouse. Locate as many time-stamped purchase receipts as possible. If you received an inheritance, it is important to protect it as a separate (not marital) asset. Include documentation proving that it has been set aside untouched. Additionally, if your spouse received an inheritance and that asset was used for joint purposes, it could be considered a marital asset. Gather as much documentation proving its joint use as possible. Other assets documents include home and car insurance policies, mortgage statements, wills and trusts, and all insurance policies for you and your spouse.

Uses for Your Divorce Documents

These documents will be used in part to determine what an equitable distribution of assets would be in your divorce. Additionally, they will be used toward the determination of spousal support payments and even child custody. As such, it is essential to provide a comprehensive set of marital documents. It is best to provide your lawyer with hard copies of each document, well-organized and ordered according to a table of contents. Make sure you make copies of each document for your files and scan digital copies of the documents as well. Ask your lawyer if they would prefer a digital copy of the collection for their records and ease of access.

How Hard or Easy is it to Gather these Documents?

Depending on how well you have organized your assets and finances over the years, the ease with which this documentation can be obtained varies. What is most often difficult to gather is your spouse’s (separate) personal information, such as W-2s, their work contracts, and their tax statements. For this reason, it is important to get a head start on requesting this information, as they may be less likely to allow its availability later into the divorce process.

What About International Documents?

A marriage that is legally recognized in another country is legally recognized in New Jersey. As such, gather as much documentation from your overseas marital life as possible to be included in your case information.

Divorce and Family Lawyers for Your Divorce Initiation Questions in Lacey NJ

With proper documentation, a well-qualified divorce lawyer can develop a compelling case that best represents your wants, needs, and the true value of what you deserve in your divorce. The more equipped they are with applicable material, the more robust their support can be.

Count on Bronzino Law Firm, LLC, for your questions about documents and tasks for initiating the divorce process. Our experienced lawyers know what it takes to bring a solid case to a divorce proceeding. Our firm deftly guides individuals in Freehold, Howell, Mantoloking, Bayhead, Beach Haven, Stafford, Point Pleasant, and other towns and across the Jersey Shore in preparing them for a successful divorce.

Contact our offices in Brick and Sea Girt today for a free consultation to discuss your divorce. You can call us anytime at (732) 812-3102.

Discuss the Benefits of Economic Mediation in the Divorce Process in Ocean and Monmouth County, NJ

The Economic Mediation Process can be a Very Effective Step, Saving Time and Money for the Parties Involved in a Divorce in New Jersey.

Economic Mediation as Part of the Divorce Process in NJFor New Jersey spouses who are undergoing a divorce, it may seem that the process of coming to a divorce settlement is never-ending. Even exes who get along and agree on the vast majority of negotiables in a divorce agreement may run into issues that make settling impossible. In order to avoid litigation, in which couples who can’t come to a settlement agreement take their case to the Superior Court: Family Part, thereby placing the system under further duress, along with their wallets, the court will often order alternative measures as a pre-litigation attempt at divorce settlement. One such measure is economic mediation. Read on to learn more about what economic mediation is and how New Jersey divorcees use the process to reach agreement on particular aspects of their divorce settlement.

What is Economic Mediation in New Jersey?

Economic mediation is a court-mandated process by which a divorcing couple meets with an approved third-party mediator, to attempt to reconcile unresolved financial elements of the divorce, such as the equitable distribution of marital assets and spousal support payments. Economic mediation is a follow-up to an Early Settlement Panel, which is another court-mandated attempt to come to settlement regarding unresolved aspects of the divorce, so litigation is not required. Unlike an Early Settlement Panel, which is comprised of a number of objective legal panelists who are familiar with New Jersey family law, as well as how the appointed judge is likely to rule and is Early Settlement Panel sponsored by the Court, the divorcing spouses must pay for the services of the mediator in economic mediation for any time beyond the initial two hours.

Target People for Economic Mediation

Spouses who are unable to reach a settlement agreement through initial attempts by each party’s divorce lawyers, and who are further unable to come to agreement based on the recommendation of the court-mandated Early Settlement Panel, will likely be assigned to economic mediation by the Family Part judge.

Economic Mediation as a Court-ordered Decision

Once a Family Part judge orders economic mediation, both parties are required to participate. Additionally, either party may request economic mediation at any point of the divorce process as a means of resolving disputes regarding financial elements of the settlement agreement. However, though a couple can continue to work with the mediator to come to an economic agreement regardless of how many hours and meetings it takes, there is still a possibility that they will not come to a conclusion through the sessions.

Purpose of Economic Mediation in a Divorce Process

The purpose of economic mediation is to come to an agreement regarding an impasse the divorcing couple has come to as it regards any financial element of the divorce. It is in the couple’s financial interest to come to an agreement through the use of a mediator instead of litigation, as that could mean thousands of more dollars in lawyer and Court fees and a lengthier process that is at the mercy of the Court’s availability.

Role of the Mediator in the NJ Process

An economic mediation session is handled by an approved mediator, who is usually an experienced family lawyer. The mediator reviews the disputed elements of the case and then meets with both parties. Throughout the course of economic mediation sessions, the mediator will get to the root of the disputes as it regards the finances of divorce and, though understanding each party’s concerns, attempt to move them closer to resolution.

Are Mediation Sessions Binding?

Divorce Economic Mediation Lawyers in Monmouth County, NJMediation sessions are court-mandated, so participation must occur if the Court calls for economic mediation; however, the spouses are not required to follow the recommendations of the mediator. As such, the sessions are binding as far as participation is concerned but not binding as far as outcome is concerned.

Role of the Memorandum of Understanding in the Mediation Process

When a divorcing couple has found common ground in an economic mediation process, the mediator will draw up a Memorandum of Understanding (MoU) outlining the arrangement to which the spouses have agreed on that will allow them to move forward with the divorce settlement. An MoU is not a legally-binding document; it is simply an outline of the arrangement.

Seek Help Before, During, and after Economic Mediation from a Jersey Shore Divorce Lawyer

Economic mediation is one of many potential steps of a divorce settlement process. A skilled family lawyer will help you protect your financial rights in a divorce, whether that means that the agreement can be obtained with only the support of each of your divorce lawyers, or whether mediation or litigation is the best route forward for your best interests and that of your children.

A family law lawyer is your representative and ally before, during, and after an economic mediation; while committed to helping you come to a viable agreement with your ex, they will protect you from entering into an agreement that financially disempowers you. They are an essential advocate through every non-binding step of the divorce process, including economic mediation.

Are you in the process of divorce, are disputing financial elements with your spouse, and the Court has mandated that you participate in economic mediation? At Bronzino Law Firm, we know how important it is to protect your financial rights in a divorce. Our attorneys are committed to being an advocate for your best interests and your children’s. We are frequently the successful representatives of clients in Manasquan, Red Bank, Howell, Berkeley, Lakewood, Ocean Township, Toms River, and across Ocean and Monmouth County, protecting their best interests in economic mediation and even litigation if it comes to that.

Reach out to us at (732) 812-3102 for a free consultation to discuss your divorce case.

Experienced Lawyers will Provide Advice when Juggling Divorce and  Bankruptcy in New Jersey

Filing for Divorce and Bankruptcy plus deciding which one comes first.

What Should Be Filed First, Bankruptcy or Divorce in NJ?Divorce is the cause of financial ruin for many couples, and inversely economic issues are one of the leading causes for divorce. We mismanage our money as couples because we were taught not to talk about it. Should a couple consider divorce and filing for bankruptcy in New Jersey, what should they do first? Unfortunately, there isn’t a cut-and-dried answer. Every situation is different and cannot be determined without analyzing the factors and conditions of the divorce and the bankruptcy. The optimal way to do this is by hiring a skilled bankruptcy and divorce attorney promptly.

Pros and Cons If I File For Divorce Before Bankruptcy in New Jersey

First, it is essential to determine what kind of bankruptcy you are filing for. Chapter 7 clears out your debts with the court’s approval. This process usually takes a few months. Chapter 13 is a reorganization of your debts, and you repay them using a payment plan. Some of the obligations may eventually be discharged.

Filing for divorce before bankruptcy may be more straightforward because the property and the debts will have been equally distributed in the divorce. The heavy lifting has been done. Also, if you are listing your income alone, there is a better chance you will qualify for Chapter 7 in terms of revenue. Your payments will be measured individually, increasing your opportunities to be under the income limit for filing for bankruptcy. Also, If you and your ex do not work together well, this is ideal as you won’t have to work with one another on the bankruptcy case.

Now the bad news is that filing for bankruptcy after your divorce means you have to pay your filing fee and attorney instead of sharing the expenses with your ex-spouse. Also, if your ex-spouse was ordered to pay a joint debt, like a medical bill during the equitable distribution of the divorce, but it was discharged in the bankruptcy, the creditor can still go after you to collect on it. You cannot go to family court to uphold the order that your ex pays the debt because the discharge from the bankruptcy trumps family court.

What If I File For Bankruptcy Before Divorce in NJ?

Most of the time, people choose to file for Ch.7 bankruptcy because it takes three to four months rather than three to five years. Also, Ch.13 involves a certain amount of repayment on the debtor’s part through a payment plan, while Ch.7 removes any qualifying debt. You are filing for bankruptcy before your divorce can delay the distribution of assets. You will be assigned a bankruptcy trustee to keep your assets in a bankruptcy estate. Those items will be sold, and your debtors will distribute the money.

The benefits to filing for bankruptcy before divorce is that you can get rid of debts and get out of contracts like a car loan or your mortgage (if your house is underwater, it has no equity). You and your spouse can use the same lawyer and file together. When filing jointly, your combined income must be below the “means test.”  This is an analysis of your average monthly payment for six months before filing against the median income in your state. If you are in a one-income household, filing before your divorce will help you pass the means test because both of you have debt, but only one of you is earning a salary. Relieving some debts will make it easier for the wage earner to pay alimony in the future.

Advantages of Filing Together in NJ Courts

There are some advantages to filing together. The first is that you can double the exemptions in your bankruptcy profile. An exemption is an asset not placed in the bankruptcy estate, so it will not be sold to pay the creditors. This is an excellent way to keep more help than filing individually. Filing a joint petition will reduce the number of assets and debts distributed in the divorce proceedings. Moreover, the legal costs are lower when filing together and using the same lawyer. Also, couples who file together profess to a more organized divorce process when filing before their divorce.

Bankruptcy and Child Support in New Jersey

Bankruptcy does not discharge child support. It is impossible to include child support in the debt discharged by bankruptcy. There are times when a parent’s economic problems cause them to make late or partial payments, but they can file a motion to modify support until the situation improves. Medical bills or other debts incurred from a child’s care cannot be discharged either.

Why Is It Important To Include Credit Debt In Your Bankruptcy?

Bankruptcy & Divorce Lawyers in Ocean CountyThere are a few reasons you should include credit debt in your bankruptcy. First, credit cards are unsecured debt, Which means that whatever you purchase does not have to be returned, and your debt is not guaranteed against your house, car, or another asset. Second, if you and your spouse are preparing to divorce and the credit card debt is discharged for your spouse, the credit card company can go after you. It is essential to include that you must not make any luxury purchases or go on shopping sprees from six months of considering bankruptcy because, in all likelihood, that debt will not be discharged.

Advantage of Filing For Bankruptcy Before Divorce When it Comes to Joint Accounts

A joint filing can be challenging because it demands cooperation between spouses. The good news is it gets the debts and assets organized, making the distribution part of the divorce simpler and smoother. Legal fees and the time necessary to agree on everything are lessened because many of the decisions have already been made when it comes time for the divorce.

Navigate Through the Variety of Options and the Specifics of Your Divorce Case with Help from the Lawyers at Bronzino Law Firm in Brick & Sea Girt, NJ

Many are the pros and cons of filing for bankruptcy before or after your divorce. The only person who can advise you on your decision is an excellent lawyer. Each case is different, and your needs should be taken into account. It is scary to file for bankruptcy. What if you are refused? What if not enough debt is discharged? How long will my divorce take? There are so many questions.

At Bronzino Law Firm, LLC, we have many of the answers you need to move forward with your divorce and bankruptcy. Our goal is to stand beside you during the entire process and provide the representation you deserve as we analyze every angle and possible results.

The one mistake you don’t want to make is waiting too long. The sooner we can help you, the better. You can contact us from Freehold, Rumson, Red Bank, Manchester, Toms River, Middletown, Berkeley, and throughout Ocean and Monmouth County for additional assistance. Call us for your free confidential consultation at (732) 812-3102 or fill out here our convenient form.

Discuss with Our Family Lawyers the Advantages of the Early Settlement Panel in a Divorce Process in NJ

Learn how an Early Settlement Panel can be a helpful tool for mediating a divorce in New Jersey.

Benefits of the Early Settlement Panel in New JerseyThe process of divorce in New Jersey is a taxing one. Couples who have a respectful relationship with one another are likely to move through the divorce proceedings – which in New Jersey include the equitable distribution of assets, determination of spousal support if required, child custody when children are involved in the divorce, and child support payments – fairly swiftly and without too much back-and-forth requiring expert facilitation. However, not every divorce is amicable. Medium- to high-conflict divorces can cause the proceedings to drag out for many additional months, exacerbating expenses, stress levels, and exhaustion.

For couples who are able to collaborate in a respectful way during divorce but have been unable to reach a divorce settlement alone, the Early Settlement Panel is a helpful strategy to reach an agreement without costly litigation. Explore with our Divorce & Family Lawyers what a Matrimonial Early Settlement Panel (ESP) is and how this process can be advantageous for your divorce.

The Early Settlement Panel Program in NJ

A couple that has reached a divorce settlement agreement through facilitation by their family law attorneys or another divorce mediator will present the settlement agreement to the Family Part Court for approval. If they have been unable to come to an agreement, the Court will refer them to an Early Settlement Panel for continued mediation in service of avoiding litigation.

Panelists include experienced family law attorneys. These lawyers work pro-bono to support the Court in helping couples reach a divorce settlement agreement without ending up in litigation.

Purpose of the NJ Matrimonial Early Settlement Process

As noted above, the Early Settlement Process is a Court-mandated divorce mediation process that attempts to support couples in coming to a divorce settlement without having to go into a lengthy litigation. The Early Settlement Panel process is mutually beneficial for couples and the Court because litigation backs up the availability of Court judges to attend to other important matters regarding the welfare of New Jersey citizens, including children.

Because couples who have been referred to the ESP program are required to participate, they can face financial penalties if they do not appear.

What Happens During an Early Settlement Panel?

As part of the earlier Court appearance, each party will have submitted a case information statement to the Family Part Court judge. This information is reviewed by the Early Settlement Program panel at the time of the hearing. In addition, each party is required to submit a memo that outlines where they stand on elements of the divorce agreement, including equitable distribution of assets and debts, child support, spousal support, and additional information that is appropriate to the specific case.

The panel reviews the information and recommends a divorce settlement. This recommendation carries their insights into the fair application of New Jersey divorce law and their interpretation of how the Superior Court: Family Part judge is likely to rule the case if it goes to litigation.

Types of Divorce Issues Handled by the Early Settlement Panel

The Early Settlement Panel addresses the financial elements of a divorce settlement. Many of the issues that arise in a couples’ divorce proceeding involve the equitable distribution of marital assets, the distribution of outstanding shared debts, child support payments, and spousal support payments. The experience of the family lawyers on their panel supports their recommendation of a fair arrangement that both parties are likely to consider viable.

Advantages of the Early Settlement Panel

Early Settlement Panel & Divorce Process Lawyers in Ocean County, NJOne primary advantage of presenting your divorce case before an Early Settlement Panel is that it provides an alternative to what will likely be a very costly and timely litigation. Couples who cannot reach an agreement regarding their divorce prior to being referred to an Early Settlement Panel have an opportunity to advantage the insight and experience of a group of skilled family lawyers who can interpret New Jersey’s equitable distribution laws fairly and provide a read on what the judge would likely rule if the case were to go to litigation.

Are Early Settlement Panel Recommendations Binding?

While couples are required to participate in an Early Settlement Panel mandated by the Family Court, the couple may decide whether to accept or reject the recommendations of the panel.

Steps After the ESP Recommendations

A couple who chooses to accept the Panel’s recommendations faces a very swift road to divorce. Often on the same day that the couple’s case goes before the Early Settlement Panel, the recommended settlement will be placed before a Family Part judge, at which point the judge will hear the evidence, and both parties will affirm under oath that they understand and agree to all elements of the settlement.

Are you going through a divorce and have been referred to the Early Settlement Panel? Contact a Divorce & Family Lawyer Serving Freehold, Toms River, and Surrounding Areas Today

Having the support of a skilled family lawyer makes all the difference when preparing for an Early Settlement Hearing. Because an ESP could be seen as a ‘practice round’ for litigation, the recommendations of the panel based on what you present will provide insight into how a divorce settlement is likely to play out, with or without your cooperation. Your family law attorney can help you prepare the documentation and memo you are required to submit to the panel and ensure that it is comprehensive.

At Bronzino Law Firm, we understand the importance of ensuring your terms are met in divorce while moving along the settlement process. We’d be happy to represent your best interests and those of your children. Our talented lawyers successfully represent clients across Lakewood, Tinton Falls, Toms River, Rumson, Howell, Freehold, Middletown, and towns throughout Monmouth and Ocean County to prepare them for an Early Settlement Panel. No matter what the case may be, whether the ultimate avenue is mediation or litigation for your divorce, our goal is to ensure that a viable settlement is reached in your case.

Contact us at (732) 812-3102  or access our online contact form to schedule a free consultation to discuss your case.

Redefining the Use of Prenuptial Agreements in Freehold and Toms River, NJ

Different from the past, more younger couples opt for a prenuptial agreement to cover aspects like student debt and other up-to-date topics.

Are Prenuptial Agreements Becoming a Trend?In New Jersey, as in all of the United States, marriage is a court-enforced union that brings many benefits and conditions to a couple’s legal and financial life. When a couple splits, however, the process of dividing their assets is a matter that must be settled, either by a couple or by the courts. New Jersey is a state that follows the equitable distribution model in divorce: when a couple legally dissolves the union, marital assets are distributed based on considerations the Superior Court: Family Part reviews, if the couple cannot come to a settlement agreement with the help of their own legal counsel or mediators. Assets obtained or developed while the couple is married are legal property of both parties, and if the spouses divorce, each has a fair claim to the assets, including savings, properties, valuables, and investments.

Because marriage is such a binding reality, and in this day and age, more and more young professionals are deciding to get married and bringing in assets of their own, many couples are choosing to develop prenuptial agreements to protect personal assets and prior investments in the case that the union dissolves.

Read on to learn more about the uptick in prenuptial agreements and why it is important to hire a family lawyer to help you with your prenup.

Prenups on the Rise Among Millennials

A prenuptial agreement is a legal document that outlines each individual’s rights and outlines specific conditions and controls, should the marriage be legally dissolved due to divorce or even death. Couples entering into prenuptial agreements generally outline such elements as distribution of particular assets and spousal support or alimony rights.

Many believe that only very wealthy couples enter into prenuptial agreements, or that signing a prenup means that the marriage is fated to fail. Neither of these is true. In fact, Business Insider reports that no evidence exists that couples who have a prenuptial agreement have a higher divorce rate than those who don’t. As more and more millennials are getting married, many of whom have established professional careers and a sense of independence that lends itself to forming a prenuptial agreement to protect one’s own assets in the long term, a more diverse subset of people in New Jersey include prenups in their marital preparations.

According to the American Academy of Matrimonial Lawyers, more millennials are requesting prenuptial agreements. The study notes that later marriage and student loan debt play a role in the decision to sign a prenup. Over 60 percent of lawyers polled noted a rise in the number of prenuptial agreements among this population. And CNBC reported that prenuptial agreements have skyrocketed in the past two decades to five times their prior rate.

Common Reasons to Draft a Prenup in NJ

Family Law & Prenuptial Agreement Law Firm in Ocean County, NJAs noted above, many millennials are interested in protecting their assets, as they are developing their professional lives and marrying later than prior generations. Other common reasons that a couple would elect to enter into a prenuptial agreements to protect a business or joint venture in the case of a divorce and to protect dependents such as children. In order to prevent assets from being equitably distributed in a divorce in a manner that does not suit the couple, they may determine how certain assets would be distributed, allowing them to rest at ease that those assets are protected in the future.

Spouses of millennials with substantial student loan debt may want to enter into a prenuptial agreement to protect against inheriting that debt, just as those with substantial savings may want to protect their assets from equitable distribution once they become maritally claimable.

Profile of Couples Getting Prenups

The profile of the couple entering into a prenuptial agreement is diversifying. While traditionally, mostly very wealthy couples entered into prenuptial agreements, as the profile of New Jersey couples is changing, the profile of the ‘prenup couple’ is changing. Millennials filing prenuptial agreements is on the rise, as couples who have waited until later to marry seek to protect their professionally-gained assets and protect from taking on educational debt of their spouses.

Retain a Respected Ocean Township Prenuptial Agreement Lawyer to Draft Your Document

Having an experienced family law attorney on your side to help you draft a prenuptial agreement is an essential asset. New Jersey marital law is binding and the state’s equitable distribution model ensures a fair separation that may not suit the needs of each spouse in a relationship in the case of divorce. Having clear expectations and agreements about the agreed-upon distribution of assets and potentially spousal support, as well as other factors, is important when the couple is on the same page and seeing eye to eye. An experienced lawyer knows nuances of asset distribution that a couple entering into marriage will likely not have any idea about, and as such, their perspective is invaluable.

Are you entering into a marriage in New Jersey and want to protect your assets, as well as protect yourself from taking on your partner’s debts? Our family law team at Bronzino Law can help. We have successfully supported hundreds of clients in drafting a comprehensive and tight prenuptial agreement in Monmouth Beach, Red Bank, Rumson, Sea Bright, Bayhead, Long Beach Township, and other towns along the Jersey Shore. Contact us at (732) 812-3102 for a free consultation to discuss your marriage preparation today.

The Costs of Running the Household as a Factor in Your New Jersey Divorce

There are Several Financial Ramifications to Consider Once the Divorce is Underway, Housing Related-Expenses being One

How Household Expenses Impact Divorce Issues in NJGetting a divorce is costly, but living as a divorced person can be even more so. Expenses double when needing to provide for two households. In all likelihood, the standard of living to which a family is accustomed is drastically changed after a divorce. Spousal support, distribution of assets and debts, child support, and the costs of running two households can put severe stress on an already difficult situation. The best way to manage the changes is with the help of a financial planner and an experienced divorce lawyer.

Household Finances when Getting a Divorce

With divorce comes sweeping changes to the household finances. The most obvious of these is the family home. Usually, the mortgage is paid by whoever lives there. If both spouses are on the deed, the loan must be refinanced by that person to place the mortgage in one name. If the loan is not approved, or the payments are too high, the house must be sold, the debt paid, and any remaining income will be divided through the equitable distribution process. Another option is a buyout. One spouse pays their share of the equity in the house to the other. If the home is “underwater” (more is owed on the mortgage than what the house is worth), a short sale can be held where the bank will purchase the home for the asking price even when it is below what is owed. This frequently occurs when the house has been purchased within five years of the divorce.

If spouses live apart during the divorce, keeping up with two households can be a budget buster. There are fixed expenses such as rent, mortgage, car payments (for two cars), insurance for vehicles, health, life, and homeowner’s or renter’s insurance, childcare, cable/internet services, utilities, gym membership, and extra-curricular activities such as sports or dance/music lessons for the children. Variable expenses are either unexpected, or their amount is not the same every month. Examples of varying costs are groceries, gas, car maintenance, apparel, footwear, one-time purchases such as household appliances (if the house or apartment is unfurnished), household goods, and furniture. Vacations or weekends with the children will also need to be considered.

Factoring in Housing Expenses during the Equitable Distribution Process in NJ

Like many states, New Jersey divides assets and debts in a divorce “fair but not equal” manner. Separate assets such as a property purchased before the marriage or an inheritance can be left out of the distribution under certain conditions. Marital property is divided based on the contributions of each party. It is seen as a partnership even when only one person works outside of the home. If one partner chooses to sacrifice their career to stay at home and take care of the children, it is still considered a valuable contribution. Still, a judge will not calculate a monetary amount.

Debts have to be distributed as well, primarily credit card debts. Usually, the person with more income will pay the lion’s share of the debt. Although it may be tempting, running up a huge credit card bill just before settling the divorce is a terrible idea. The court could obligate the binging spender to pay the entire bill independently. Credit card debt is the leading reason people file for bankruptcy post-divorce. If the credit cards are in both names and one person files for bankruptcy, the other is left holding the bag, and the credit companies will go after them aggressively.

The age of the spouses when getting a divorce is also important to consider. For instance, grey divorce is when a couple over the age of 60 gets divorced. Financially, this kind of divorce can be the most devastating. After decades of commingling assets, buying a home, sharing debts and savings, equitably dividing it all will take a significant amount of time, discussion, and probably heartache. Dividing retirement accounts and investments has severe penalties and tax issues. If there are children, even adult children, their inheritance will be divided between spouses. The house which was supposed to be used to grow old in, will be sold and its earnings divided.

Family & Divorce Lawyers Advising on Financial Issues in Monmouth County, NJ Maintaining a Household Alone after the Divorce

As a divorced parent, you are responsible for maintaining your household alone. Yes, alimony and child support help somewhat, but money isn’t the only issue. You independently must work out the children’s schedules, when to drop them off and pick them up, prepare all of the meals, maintain the grounds and the interior of the home when minor repairs are necessary, with no other adult to lighten the load. Moms and dads experience anxiety equally. But women struggle more financially than men after divorce. In 2019, in New Jersey, single mothers earned 35% less than single fathers after their divorce. Another financial consequence is that children of divorced parents earn less and are more likely to get divorced, affecting them financially.

Outline an Action Plan for Handling Household Financial Considerations in Your Divorce with Help from our Divorce Lawyers in Sea Girt and Brick, NJ

Divorce is not something you want to do alone. Alimony, parenting plans, custody issues, child support, division of assets are only complicated issues faced in the divorce process. It would help if you had a qualified divorce attorney prepared to guide you through the divorce process, answer your questions, quell your anxiety, and provide you with a result you feel confident to accept.

At Bronzino Law Firm, with local offices in Brick and Sea Girt, we have a team ready to analyze your specific divorce case and discuss how we can help protect your financial future. There is a lot of work to be done, and we look forward to doing it with you.

If you are considering a divorce, have already filed for divorce, or know someone who has, please reach out for legal guidance and representation by calling (732) 812-3102 or via our online contact form. We can be of assistance in Brick, Beach Haven, Manasquan, Rumson, Red Bank, Monmouth Beach, Ocean Township, and towns throughout Monmouth and Ocean County. Do not hesitate to get in contact and allow us to work together with you on how to best position you during and after the divorce process.

Managing Spousal Inheritance Concepts in the Divorce Process in NJ

Handling Inheritance in a Divorce Process in New JerseyDivorce can be a difficult time for anyone since it involves the dissolution of a marriage and a major life change for everyone involved. Something similar can be said about the loss of a loved one, which can also have a profound effect on those who knew the person. Sometimes the end of a marriage and the loss of a loved one can be intertwined in another way: when one of the partners in the marriage inherited money or property from the deceased loved one. If you are going through a divorce, you may have questions about what will now happen to your inheritance. Do you get to keep it? Will you have to divide the inheritance with your soon-to-be-ex? Determining whether inherited property should be divided or not in your divorce requires the knowledge of a seasoned family & divorce lawyer. New Jersey has very specific laws about this sort of thing, which is why having a lawyer examine and protect your interests is essential. Contact Bronzino Law Firm for a free consultation with an attorney today. To learn more about inheritance in a New Jersey divorce case, keep reading.

Common Types of Inheritance in New Jersey

The division of assets is an important part of any divorce. After all, once the marriage is officially over and you and your spouse go your separate ways, your finances will no longer be commingled. You will essentially be on your own, financially speaking. That’s one reason it is so important that you take all the necessary steps to retain any money, property, or other assets that legally belong to you and you alone. Since this requires a solid understanding of both NJ inheritance laws and NJ family laws, you should definitely make sure to talk to a knowledgeable lawyer who has experience in both areas – particularly when it comes to inheritance during a divorce.

The most common types of inheritance include the following:

  • Money: This is probably the most obvious type of inherited property since we tend to think of an inheritance as involving a large sum of cash.
  • Real Property: If you inherit land or real estate, this is considered “real property” in the sense that it is fixed on land.
  • Investments: This can include stocks, bonds, and retirement accounts.
  • Physical Assets: Any physical asset that is inherited will have a monetary value attached to it, whether it’s a car, jewelry, artwork, or even a family heirloom.

Inherited Property in a NJ Divorce

If you are going through a divorce, you may be asking questions like, “Is my spouse entitled to property I inherited during the marriage?” and “Do I get to keep it completely?” The answers to these questions, and related questions about inherited property in a divorce, will hinge on one main question: is the property that you inherited considered “marital” or “separate”? This matters because marital property is shared by the spouses, whereas separate property belongs to each individual spouse and is therefore not likely to be divided in the event of a divorce.

Generally speaking, marital property refers to all assets that the spouses acquired after getting married. This can include assets acquired by one spouse, such as income that they earned from their job. On the other hand, separate property generally refers to assets that either spouse acquired prior to getting married. Additionally, certain assets acquired after the couple got married may also be classified as separate property, and this is usually where inheritance becomes an issue.

What Happens to Property & Assets in a Divorce?

Any property or assets belonging to one spouse, or to both spouses will likely be scrutinized during divorce proceedings because the court will need to determine how to best divide the couple’s assets. In fact, before this happens, the parties to the divorce will actually need to classify all property, assets, and debts as being either marital property or separate property. If there is any dispute by the spouses about how a particular asset should be classified, then the court may need to intervene and issue a ruling. This entire process is known as equitable distribution, and it basically means that any assets that the spouses shared during the marriage should be fairly divided after the marriage. However, only property and assets that were considered “marital property” during the marriage will be subject to equitable distribution in a divorce, while property and assets classified as “separate property” will probably remain separate.

Under New Jersey law, inherited property is not typically part of the process by which assets are divided in a divorce. That’s because N.J.S.A. 2A:34-23 stipulates that any property acquired during a marriage “by way of gift, devise, or intestate succession” is not part of equitable distribution when the partners get divorced. Everyone has a pretty good understanding of what is meant by “gift,” but the legal meaning of the terms “devise” and “intestate succession” might be unclear. “Devise” is a particular form of gifting through a person’s last will and testament. “Intestate succession” means the passing of property from a deceased person’s estate to another person when the deceased person died without providing a last will and testament. Whether you inherited property through someone naming you in a will (e.g., your uncle declared that you would receive his car when he passed away) or through intestate succession (e.g., your last living parent passed away without a will), the inheritance is likely to be considered separate property in the divorce.

Inheritance Issues When Separate Property Becomes Marital Property

Experienced and Comprehensive Inheritance & Divorce Lawyers in Brick, NJOne caveat to the rule that inherited property will not be divided and shared by the spouses after a divorce is when an inheritance starts out as separate property and later becomes marital property. This can happen when the inherited property is commingled with other assets, or it can happen when the other spouse’s name is added to the title of the inherited property later through a legal action. For example, let’s say that you inherited $50,000 from a relative, and you subsequently deposited those funds into a joint bank account that you share with your spouse. Later, you and your spouse used that money to invest together in real estate or some other venture. There will now be some doubt about whether the original inheritance of $50,000 is still considered “separate property” at the time of your divorce. The bottom line is that inheritance can become marital property.

Review Your Case with Inheritance & Divorce Lawyers in Brick, NJ

Dealing with divorce and financial issues all at once is not a good combination. If, on top of that, you need to figure out deadlines, financial status, documents, and a variety of processes, things can be overwhelming. That is why you need to speak with an experienced divorce lawyer about your case and ensure that your assets are secured in the event of marital dissolution.

At Bronzino Law Firm, you find the advice and guidance you need to fully understand how inheritance can be handled in the middle of a divorce process. We know how confusing these times can get, and we are prepared to help you carry your burden. There is a lot of information out there that needs to be appropriately decoded for you by our team of lawyers. We have previously helped clients regarding divorce and inheritance issues in Toms River, Freehold, Lacey, Eagleswood, Bay Head, Jackson, Howell, Point Pleasant, Manalapan, and towns in Ocean and Monmouth Counties.

If you have any questions about your divorce and inheritance case, contact our offices for a free and confidential consultation by calling (732) 812-3102 or filling out our online contact form, and you will hear from us shortly. 

Influence of Commingling Assets in the New Jersey Divorce Process

Commingled Assets & Divorce Process in NJ

Divorce can be especially complicated when finances are discussed because New Jersey is an “equitable distribution” state when it comes to divorce settlements, which means the assets are not split down the middle, 50/50. Both sides submit evidence to demonstrate how much was earned and by whom while balancing the possibly missed earnings due to giving up a career and possibly furthering education to care for the home. If you have an excellent divorce lawyer, the financial part of your divorce, which is usually by far the longest, can be managed by an experienced professional who is looking out for you and your assets.

Commingled: What is it and How Will It Effect a Settlement?

Properties, investments, and items such as jewelry, boats, horses, and vehicles become commingled in a marriage when their titles are placed in both spouses’ names or they are purchased or maintained using the couple’s shared account. When discussing the accounts themselves, any salaries, profits, or dividends from a spouse’s property that is placed into a shared account is considered marital property. Also, any money from a separate account that is used for shared expenses is also considered commingling.

Handling Separate Bank Accounts in a NJ Divorce

A separate account is not protected from equitable distribution if the funds received were from a salary, if the money has been used to pay household expenses, or if a spouse received a windfall such as winning the lottery or an inheritance but makes purchases using that money which will benefit both spouses (such as property, vehicles, home improvements, etc.).

For a separate account to remain exclusively to one spouse, a good rule of thumb is to make sure the account is in one person’s name; deposits are not from job earnings, funds are not used for bills or purchases which contribute to the household. Also, money that is deposited before the marriage and is not used during the marriage is usually not a part of the equitable distribution.

Difficulties with Avoiding Commingling Assets in a Marriage

It is extremely difficult to avoid commingling assets, especially in marriages that last longer and have minor children. If the house is exclusively in one spouse’s name, and the mortgage payments are made from their separate or joint account, the house, considered the family home, is a commingled asset even when one spouse does not make any of the payments. That goes for vehicles and other assets as well. Conversely, if a property is owned before the marriage and all debts or income made from that property is in a separate account, unused with regard to household expenses or debts, it is not eligible for equitable distribution.

To avoid commingling assets, a joint bank account should be set up for all the income and expenditures for the household. Both spouses can contribute to that account and use it for bills, the mortgage, car insurance payments, and the like. At the same time, any property brought into the marriage that is purchased or inherited should stay in the owner’s name exclusively. In a separate account, all the income and expenses should be done through that separate account.

Some would advise keeping only one name on credit cards and investment accounts, but if charges were made for daily expenses, home repairs, shopping, the debt is shared as it would be for the household.

Consequences if One of the Spouses Takes Money out of Bank Accounts

Occasionally, a spouse will empty all accounts before or shortly after the divorce is filed in order to avoid having those funds eligible for equitable distribution or to take them as revenge, leaving the other spouse destitute. The court does not take this action lightly and can order repayment with interest, including any charges due to insufficient funds. The judge may place expensive financial sanctions and could order any fees associated with lawyers and investigators who were specifically hired to find the stolen cash. If the money has been spent, the spouse who took it could be required to return the money through augmented support payments.

Financially Protect Your Assets with a Prenuptial Agreement in New Jersey

Commingled: What is it and How Will It Effect a Settlement?No one wants to contemplate the possibility of divorce before the ink is dry on the marriage license, but having a lawyer draw up a prenuptial agreement is one way both soon-to-be spouses can be assured that their assets will be divided into their terms partially, if not completely. A prenup is a smart move for all couples, not just wealthy ones. People are getting married well into their 30’s and a substantial number of them have their own assets (such as property and savings) while they are single.

A postnuptial contract takes place after the couple has married but has a similar function to that of a prenup. It allows for the couple to decide who gets what in case of a divorce. The benefit of these two contracts besides each keeping their assets is they could make the equitable distribution process more condensed.

Another option is for the future spouse to print (or digitally store) copies of all of the financial documents to indicate how much they are bringing into the relationship.

In the case of an inheritance, to protect it, the account it is in must be in one name only. The funds cannot be used for household expenses, purchases that benefit the household, home repairs, additional property, etc. If it is placed in a separate account, in the recipient’s name, and isn’t used for expenses pertaining to the home, it is usually deemed separate.

Can I Open a New Account During the Divorce?

Yes, but with the understanding that if your salary is deposited there or you opened the account with funds from the joint account, it could be seen as commingled and therefore, eligible to be distributed.

Sort through the Details of Your Assets with Help from our Divorce Lawyers at Bronzino Law Firm in Brick and Sea Girt NJ

If there is one thing people hate more than talking about politics, it’s talking about money. Many couples are woefully ill-prepared when it comes to the financial state of their marriage. An exceptional lawyer can prepare and present your case in a way that will assure you don’t give up more than what is fair. Your rights are primordial. Don’t let “advice” from family and friends be your guide. If you are contemplating divorce or your spouse has filed for divorce, it is in your best interests to contact a lawyer as soon as possible. A professional such as those at the Bronzino Law Firm has the answer to your pressing questions.

The Bronzino Law Firm has experienced division of assets attorneys who have been helping people in a situation like yours for many years. Divorce is a complex process that can last from 8 to 12 months or more. You deserve excellent representation during this difficult and stressful time.

Call the Bronzino Law Firm at (732) 812-3102 for your no-cost, no obligation consultation. We serve clients throughout Monmouth and Ocean County, including those in Rumson, Howell, Sea Girt, Toms River, and all along the Jersey Shore.

What Happens to Health Insurance when You get Divorced in New Jersey?

According to New Jersey law, one spouse cannot remove health insurance coverage during the divorce process; however, things can change once the divorce is final.

How is Health Insurance Handled During Divorce in NJ?

With divorce comes many changes.  Filing for divorce is a stressful and sometimes confusing process that infrequently is cut and dried.  Health insurance and divorce, however, is straightforward: once your divorce is granted, the dependent spouse loses their health insurance coverage and is required to get their own coverage.

You can stay on your spouse’s insurance while the divorce is in process. This will give you some time to sit with your attorney and seek other options.  If there are any children in the marriage, they will not lose their coverage, as they are dependents of both spouses.

When will Insurance Coverage Change for Divorcing Spouses in NJ?

Once a Summons for Dissolution of Marriage is filed, you cannot remove your spouse from any insurance policies while the case is still pending. When divorce proceedings begin, your lawyer will draw up a certification of insurance coverage and it includes automobile, health, life, and homeowner’s insurance. Furthermore, an ATRO (Automatic Temporary Restraining Order) is used to prevent the insurance holder from taking anyone off of their policies. If you believe that you should be allowed to remove your spouse, you must ask the court first and provide reasons for your request.  Under no circumstances should you remove your spouse without the authorization of the court.  Barring any unusual exceptions, the dependent spouse will be removed from any and all insurance policies.

What are my Insurance Options if I Lose My Coverage due to Divorce?

If the dependent spouse is working and their employer offers health insurance, this is a great idea because the cost is absorbed by your employer at least partially.  Services can include indemnity plans which is also called fee-for-service.  The good news is that you can choose your health provider.  The bad news is that you must pay a deductible before your insurer starts to pay. You could opt for service provider plans which limit the doctors or health facilities you can use but pay a large percentage of the costs. A preferred provider has a contract with your insurance company and as long as you use their services, you will pay less. Health maintenance is a fairly new kind of coverage that focuses on prevention and screening rather than just sick care.

If individual medical insurance is something that interests you, there are several providers.  The advantage is that you can shop around for the coverage you want.  The disadvantage is that paying the cost for the premium lies squarely on your shoulders.  There is another option called COBRA.

What is COBRA, and How Does It Work?

The Consolidated Omnibus Budget Reconciliation Act (COBRA) health benefits allow you to stay on your spouse’s policy for 36 months even while you are no longer married, but it is expensive as you are required to pay 100% of the premiums.  Failure to pay those premiums could leave you without any coverage. COBRA coverage must be requested by you through your spouse’s employer within 60 days of your divorce becoming final.

COBRA works for health plans that are sponsored by state and local governments or larger companies.  If you choose to use COBRA, you should contact the health insurance provider that you are divorced and would like to sign up for the program.  Since there are higher costs involved, they may be included as part of your divorce settlement, something you should discuss with your attorney.

Is there any other way to stay on my spouse’s health insurance?

Bed and Board divorce is the most drastic option for divorcing couples; this limited divorce grants the parties economical autonomy, but they are legally married.  The assets will be divided, the debts determined, support awards will be decided just as in any regular divorce.  The main difference is that neither spouse can remarry until a full divorce is completed. It can be considered a step between separation and divorce. Couples use this to give the other spouse the time they need to find health insurance that they can afford, using their spouse’s insurance as a temporary solution.  As long as the parties are able to be civil around one another, this is an idea that might work.

The downside to a divorce of this nature is the inability to get married to someone else.  When there is a long Health Insurance Options after Divorce in Ocean County NJmarriage, a second marriage is less likely, but when a couple has been married briefly, they may find themselves ready to remarry some time down the road. Also, at any point, a spouse can file for an absolute divorce, thus separating all legal ties between the two parties. The dependent spouse would then be obligated to choose a different health insurance plan as they could no longer be included on their ex’s policy.

All is not lost.  The dependent’s healthcare costs can be included in the settlement, offering a myriad of choices as to how the premiums will be paid. It requires a great deal of compromise, and your attorney will be of much help with this matter.

Discuss the Impact of Divorce on Your Health Insurance with the Lawyers at Bronzino Law Firm in Brick and Seagirt, NJ

The prospect of being left without health insurance can produce a lot of anxiety, even panic.  Your world is changing at a lightning-quick pace, and there are many major decisions to be made.  If you are considering a separation or divorce or know of someone who is, you need the help of a top-notch family attorney.

If you are doubtful about what your next step should be, we are ready to assist you at the Bronzino Law Firm.  We can discuss all of your healthcare options and help you make the best choice for your unique situation.

If you need personalized guidance and assistance with a divorce case in Freehold, Toms River, Jackson, Beach Haven, Monmouth County, Ocean County, and along the Jersey Shore, call us today at (732) 812-3102 to book your free and confidential consultation.  Let us get you on the road to the future you see for yourself.