A state attorney vowed a few months back to “ask the judge for a tough sentence” in a matter featuring the bad conduct of a divorcing spouse hiding marital wealth. We traced the basic details of that criminal case in our September 28 blog post at The Law...
Month: November 2018
A court case to note re transferred divorce assets, Part 2
We referenced in a recent blog post what one national publication termed “a really big case” in the realm of divorce-linked asset transfer and distribution. Our November 15 post focused specifically on the common scenario involving the transfer from one...
Is a professional license a marital asset?
Two individuals meet and marry. One spouse gets a professional degree and builds a successful practice. Years later they divorce.How does that professional practice figure into divorce proceedings? Are professional credentials considered a marital asset?...
Court decision spotlights transferred retirement accounts in divorce
Divorce commentators commonly stress that marital splits often have some commonality regarding their core issues, but that there is no such thing as a “typical” divorce. The divorce process poses unique challenges and opportunities for every separating...
Wells Fargo errors caused hundreds of wrongful foreclosures
Yet again, Wells Fargo has been exposed for negligent or shady lending practices. The bank’s unforgiveable errors have directly led to more than 500 homeowners losing their houses to foreclosure.The homeowners, who had applied for mortgage loan modifications...
The shifting winds of alimony
Will there be alimony in your divorce? On the one hand, spousal support (alimony) is not as common as it used to be. Women are more self-sufficient than in the past - in fact, many modern women are the breadwinners in the household.On the other hand, the pay gap...
That tax return could spotlight a spouse’s concealment of assets
If you’re a soon-to-be former spouse engaged in New Jersey divorce negotiations while worried that your impending ex is hiding marital assets from you, schedule a date.With your schedules. To be more precise, spend some valuable time perusing the 1040 documents...
In divorce filing, does the early bird get the worm?
Clients sometimes ask if it’s better to be the spouse who initiates divorce. From a legal standpoint, there is no surefire advantage to filing first. It should have no bearing on the court’s rulings regarding property or custody or financial support.From a...
Report underscores strength of NJ manufacturing real estate sphere
How goes the New Jersey manufacturing real estate market?Reportedly, quite well, with a solid batch of empirical evidence culled from across 2018 strongly supporting the assertion. In fact, notes the industry leading real estate investment and management firm CBRE,...