New Jersey Info
New Jersey Divorce Start Your Divorce Find Professionals New Jersey Articles Divorce Facts Divorce Grounds Residency Divorce Laws Mediation/Counseling Divorce Process Legal Separation Annulments Property Division Alimony Child Custody Child Support Divorce Forms Process Service Grandparent Rights Forum New Jersey Products Divorce by County
New Jersey Articles
Agreements Attorney Relationship Custody & Visitation Child Support Collaborative Law Counseling Divorce/General Domestic Abuse Domestic Partnership Financial Planning Foreign Divorce Mediation Parenting Property Division Spousal Support
Dirty Tricks in Divorce Mediation - Equitable Distribution
Unlike Parenting Plans where each party tries to have the best interests of their children in mind, when it comes to money, those rules go out the window and the arguments over who gets what, take over. With regard to the distribution of assets and liabilities, some of the tricks I've seen clients attempt to use in order to gain advantage over the other party in mediation include:
The good news is while NJ isn't a "50/50" state, we do subscribe to the concept of what is "fair and equitable" and in doing so, most people know what is fair and equitable even though the begrudgingly agree to it in mediation. With that in mind, stay on your toes and don't be afraid to ask for financial help if you need it. There are many talented people out there from financial planners to accountants who can help you determine what a fair and equitable settlement, whatever your needs may be.
In order for permanent alimony to be awarded in New Jersey, the marriage must have lasted at least 10 years and one spouse must have become economically dependent on the other. This type of alimony allows the obligee to maintain the lifestyle to which he or she has become accustomed for the duration of the obligor's lifetime (unless the obligee remarries).
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Established in 1996
© 1996 - 2021 MH Sub I, LLC dba Divorce Source. All Rights Reserved.