Posts tagged "Divorce"

Divorce ahead for actor Jesse Williams

New Jersey fans of actor Jesse Williams, who stars on the TV show "Gray's Anatomy," may have heard that he is getting a divorce from his wife of nearly five years, Aryn Drake-Lee. She is a real estate broker. The couple have been together for around 10 years and have two children together, a 3-year-old daughter and a son who is almost 2.

Why prenuptial agreements matter for business owners

New Jersey business owners who plan to get married or who are already married may be wise to draft agreements with their spouses that address how one spouse may leave the company in the event that a divorce happens. When business owners fail to have such agreements in place, they may risk losing their companies if they later get divorced.

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.

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.

Protecting a business during a divorce

Although few New Jersey couples enter a marriage with the expectation that their relationship may end in separation, divorce is an unfortunate possibility. Since approximately 50 percent of all marriages end in divorce, spouses who own businesses or substantial property should take steps to protect themselves.

Divorcing in January

New Jersey residents who want to start the new year off by seeking a divorce should be aware of certain mistakes to avoid. One of the first such issues that could be a problem is rushing to file.

How to help kids during divorce

New Jersey parents who are in the process of separation and divorce might wonder how to support their children emotionally through this stage in their lives. While divorce is a very difficult moment for both adults and children, parents might need to seek the assistance of health professionals such as the children's pediatricians and psychologists.

Retirement considerations in a divorce

While half of all marriages no longer end in divorce, adults over the age of 50 are more likely to divorce than in previous decades. New Jersey who are near retirement and considering divorce may want to think about keeping their retirement accounts safe.

Dissipation of assets

Strong emotions often characterize the end of a marriage. When couples in New Jersey divorce, there are situations in which one spouse may seek to discomfit the other one. This sometimes takes the form of actively working against fair and equitable property division.

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