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March 2017 Archives

Divorce rates among young adults and baby boomers

New Jersey couples who are considering marriage may be interested to learn that the divorce trends are changing. According to data from the National Center for Health Statistics and the U.S. Census Bureau, the rate of divorce for those under the age of 50 is decreasing while the rate for those 50 and older is on the rise.

Preparing children for divorce

New Jersey parents who are getting a divorce may be concerned about how their children will be affected, but there are things they can do to help children get used to the change. One is to pay attention to timing. For example, summer might be a good time for some parents to file for divorce because children are out of school and they can help them adjust. On the other hand, parents may prefer to do so during the school year so that they can go to attorneys' meetings without disrupting children's schedules.

The uses of a prenuptial agreement

A prenuptial agreement might be a good idea for couples in New Jersey who are coming into the marriage with significant debts or assets, who have children from a previous relationship or who own a business. Without a prenup, an individual might find themselves saddled with some of their spouse's debt after a divorce. Similarly, the assets an individual brings into a marriage could be divided between the two in a divorce. Keeping these assets separate may be particularly important if the person has children because they may want those children to inherit the assets.

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