How are homeowners doing nationally concerning property-related financial challenges and overt threats to their continued ownership?That most decidedly depends on who is being asked the question, and the local community/state in which a respondent resides. Once again,...
Month: June 2018
The wrong retirement decisions can be costly in divorce
Most people start learning about money early in life. Whether it’s earning an allowance or making change to buy gum from a vending machine, the idea is clear. You get money and then you save it or spend it. While that’s a valid foundation for later in...
Is New Jersey real estate investment an attractive opportunity now?
Real estate - that is, the buying, selling and leasing of residential and commercial properties - can make for an iffy proposition.Indeed, questions can abound for parties contemplating a realty-linked transaction. Will civic improvements on the horizon increase the...
Estate planning considerations in conjunction with divorce
When going through a divorce, you can easily get wrapped up in the immediate problems and the emotions of the moment. You may not be looking past D-Day - the expected date when you will be officially divorced.Don't overlook your estate plan. Scenarios can arise during...
Divorce focus: Your next chapter mandates a forward-looking strategy
“[K]eep looking forward rather than in the rearview mirror.”Although that little kernel of decidedly generic advice is relatively buried in the text of a recent family law article written by divorce columnist Heather Locus for Forbes, it still stands tall...
Foreclosure suit thrown out for missed deadline
A New York appeals court dismissed a couple’s foreclosure case in April, unanimously ruling that the lender had missed a key deadline in its efforts to repossess their Long Island house. As a result, they are able to keep their home … with no more...
Evolution: a “generational change” for younger married couples
If you're a New Jersey member of America's vast baby boomer group, there's statistically a good chance that you're not too enamored of go-it-alone financial strategies for marrying couples. That is, many relatively older Americans believe that a true marital...
What will you get to keep in your divorce?
For years you and your spouse have invested in property, cars and other items as a team. Now that your marriage is ending, you must determine what portion of the assets is yours and what portion is theirs.During divorce, your assets and debts will be divided. New...
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