Newsome O'Donnell, LLC
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October 2019 Archives

Making a balanced decision on a strategic divorce

While the idea of a person asking their spouse for a divorce in order to save money may seem awkward, some New Jersey couples are considering doing just that. The so-called "marriage penalty" along with some proposed wealth taxes from presidential candidates are stirring up chatter about how a strategic divorce could help some couples save some money.

How might a spouse hide assets?

New Jersey couples are supposed to split their assets equitably or equally in accordance with the law during a divorce. However, some spouses may try to cheat the system by pretending they have fewer assets to give. We at Newsome O'Donnell, LLC, are here today to discuss the signs of asset hiding.

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