Newark Family And Estate Law Blog
3 reasons to consider taking a lump-sum alimony payment
If you chose to stay home while your spouse worked during your marriage, you may have some valid concerns about your ability to support yourself after your marriage ends. Fortunately, if you meet specific factors, a judge may decide to award you spousal support to help you better manage your post-divorce
Types of spousal support in California
Those who are facing a divorce may have concerns regarding their transition to single life. If a married couple each has drastically different income levels, one of them may qualify to receive spousal support. Spousal support is a complex issue and the courts will consider several factors to determine if
What are some estate planning mistakes to avoid?
It is a common misconception that estate planning is only beneficial to people who have large assets. The truth is that estate planning is beneficial to everyone. Most people own at least one valuable item. This can include a house, vehicle or even simply bank accounts. Without proper estate planning, those
Why would the court reject your judgment papers?
In any legal form you fill out, a mistake can have dire consequences, and divorce papers are no different. According to the California Courts, you will get your forms back from the court clerk if there is missing or incorrect information. You may even need to schedule a court hearing to
How a California judge chooses an estate representative
In most cases in California, after a death, an estate representative will close out the estate through the probate process. The California Courts note that smaller estates may not need to go through probate and an informal estate representative will complete the process. When the formal probate process is necessary,
How pre-wedding financial planning can help your marriage
Every couple should discuss finances before they marry, and if you already have bank accounts, retirement accounts or other assets, it is particularly important. Debt is another critical topic to talk about. According to NetCredit, you and your new spouse could be setting yourselves up for trouble if you have
How a living trust can benefit your estate plan
There are a myriad of factors to consider when creating an estate plan. In addition to organizing your property and assets, you must consider who you would like to receive it once you pass. Furthermore, you may want to make the process as easy as possible for your loved ones.
How do you navigate leaving children unequal inheritance amounts?
While planning your estate, you put a lot of focus on taking care of your children in your absence. It may not feel right leaving them the same amount, but you do not know how to go about leaving them different inheritances. Kiplinger offers advice on the matter. Understand how
What happens if I die without a will in place?
One of the benefits of estate planning is that certain assets may be able to bypass the process of probate. This allows heirs to receive their inheritance much sooner, and without as much headache. Unfortunately, many people may not have estate planning documents set up, or even a will. If
3 reasons to consider a cohabitation agreement
Married couples automatically create a contractual relationship when they file their marriage license. Spouses, by default, agree to a state-imposed agreement that decides each individual’s rights, including property, in the event that the couple divorces. However, if you live unmarried with your long-term romantic partner, a nasty breakup or a
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