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Middlesex County Divorce Law Blog

Who stays on the family's insurance plan after divorce?

When a couple's financial situation permits it, many families prefer to have one parent stay at home to raise the kids while the other spouse goes to the office to bring home the paycheck. As long as the marriage lasts, that approach can be effective, but the stay-at-home parent may face numerous complications if the couple decides to divorce.

One of the things many individuals in Old Bridge are concerned about is whether they will be able to stay on their spouses' insurance policies after the divorce is finalized. In short, the answer is, "No." Although your children may stay on the policy, you must find a new insurance plan.

Does technology make it impossible to hide assets during divorce?

In a recent blog post, we wrote about the information that can be gleamed from your social media accounts and used against you during a divorce proceeding. Because of the advancements in technology, information in social media sites is not the only "hidden" information that can be used against you.

Unfortunately, many individuals in Old Bridge think that they will be able to hide assets during their divorce. People mistakenly think this will allow them to keep their assets and avoid an equitable division. But it doesn't work that way. Thanks to technology, hidden assets are constantly getting easier to find.

Understanding what happens with your life insurance after divorce

The trickiest aspect of dividing assets during divorce proceedings is handling long-term assets and other holdings that won't come in to play until years after the divorce. Because divorce settlements need to be conducted in the best interests of both sides, the issue of life insurance needs to be addressed, particularly because it is often misunderstood.

Couples in New Jersey need to understand that life insurance occupies two statuses within the realm of divorce settlements: it is both a wealth accumulation tool and a risk management tool.

How should Old Bridge parents split college expenses after divorce?

With the end of the school year approaching, many high school students are thinking about finding jobs where they can make enough money to save for college. The costs of college and student loan rates are increasing, so teens and parents alike know it's critical to have a plan for paying for college.

Many parents in Old Bridge work hard in order to pay for their students' college expenses. But what happens when parents file for divorce? Are both parents still expected to help pay for college, and if so, how should the expenses be divided?

Protecting your finances during a New Jersey divorce

Divorce is filled with emotional grief, but most splitting couples don't have the luxury of sitting idly by until they start to heal. The process of divorce can be busy, stressful and unsettling -- particularly when you realize your financial situation is about to change.

New Jersey couples can benefit greatly by taking a few steps to keep their spending under control during divorce, helping to alleviate some stress until your financial forecast becomes clearer.

Think your Facebook post won't impact your divorce? Think again.

These days, it seems as though everyone in Old Bridge is on Facebook and Twitter. Social networking sites that once targeted high school and college students are now used by almost everyone. More specifically, 65 percent of adults who are online use social media, and 89 percent of individuals under 20 use social media.

Although social media can be a great place to connect with family members and old friends, the information you post can also be used against you during your divorce proceeding. Since 2010, information from social media sites has been a key part of nearly 700 cases.

Is living together before marriage a factor in divorce?

Many couples in New Jersey might believe that by living together before marriage, they will be less likely to end up going through a divorce. However, research shows that this is not true -- in fact, cohabitation may be a reason for divorce.

Despite the fact that many young people feel that living together before marriage is a good way to test the waters, experience is proving that many of these same couples will end up in a divorce situation. Researchers have named this phenomenon the cohabitation effect.

Fathers' rights compromised when illegitimate children are adopted

A new bill introduced at the state level seeks to protect the rights of mothers who want to put a child up for adoption without gaining the consent of an illegitimate father. The bill, which could inspire similar legislation in New Jersey and elsewhere, stems from a six-year custody battle between a mother and her baby's illegitimate father.

In that case, a man and woman conceived a child together, but the man declined to put his name on the birth certificate because he was waiting to find out through DNA tests if he was the child's father. The man failed to put his name on the birth certificate within 15 days of the birth, which prevented him from being recognized as the child's father.

What do superheroes, divorce and family businesses have in common?

You might think that superheroes, divorce and family businesses have very little in common. In many regards, you're right. However, if you copy the style and approach of your favorite superhero, you might fare better in a divorce.

Now, if your favorite superhero is Superman, your divorce may not benefit from you being faster than a speeding bullet, more powerful than a locomotive and able leap tall buildings in single bound.

However, if you try to think like Batman, you may be able to save your family business from getting ruined during your divorce. When Batman is getting ready to fight crime in Gotham, he is always prepared for the worst-case scenarios. You don't need a bulletproof costume to work through the divorce process in Old Bridge, but being prepared for the worst can be advantageous.

What happens with the car and car insurance after divorce?

The divorce process is mired in paperwork, phone calls and other processes required to separate one couple into two individuals. In New Jersey and elsewhere in the United States, divorcing couples are required to inform their car insurance company that their marital status has, or is about to, change.

State laws and company policies may vary on the specific requirements, but in general, you should inform you insurance provider of your divorce within 30 days of it being finalized.

Goldstein & Bachman's founding partners - Mark Goldstein and Howard Bachman - have each practiced law in New Jersey for more than 20 years.

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