Many in today’s society would view the court’s treatment of dogs and other pets as merely property to be equitably distributed in the breakup of relationship as antiquated, given the increasing role that pets are play in today’s society. A common scenario playing out in relationships across the Garden State today is that many couples begin to cohabit and soon after get a dog or another pet to raise together. Those of us on social media regularly see pictures posted of couples and their dogs in which they are categorized as their “baby” or loved one. Couples spend significant time in researching which pet to purchase or rescue from the shelter. They spend significant time and money on training and caring for an animal that many consider to be a member of the family. Continue reading ›
Articles Posted in Equitable Distribution
New Jersey Appellate Division Addresses Post-Divorce Pension Enhancement Factors
On September 2, 2014, the New Jersey Appellate Division published an opinion in the case of Krupinski v. Krupinski, reversing the trial court’s decision denying Mr. Krupinski’s motion to terminate alimony, and directing the trial court on remand to provide for an exchange of discovery and the possibility of an evidentiary hearing. The basis for Mr. Krupinski’s application was that his former spouse, from whom he was divorced in 1990, was receiving a large portion of this teacher’s pension through a Qualified Domestic Relations Order (QDRO). Continue reading ›
Divying up the Debts
When it comes to questions regarding equitable distribution, the one that seemingly gets overlooked or underappreciated the most often is the question revolving around how to divide or distribute the marital liabilities or debts of the marriage. It is so much easier to comprehend and make distributions of the assets of a particular marriage, but clients often do not necessarily understand or conceptualize that the marital liabilities and debts need to be “distributed” too. Continue reading ›
Pension Valuations and the Election of Survivorship Benefits
In any and all cases where a pension is to be equitably distributed between the parties, there are two questions that a family law practitioner must always consider: (1) How is the pension going to be valued and istributed; and (2) Are survivor benefits going to be elected for the non-pensioner spouse? The recently published decision in Evans-Donahue v. Donahue, which was drafted by the Honorable Steven J. Polansky, J.S.C., provides much needed insight into the answering of each of those questions when it comes to the equitable distribution of pensions. Continue reading ›
Detecting Fraudulent Transfers in a New Jersey Divorce
Last week, we addressed the concept of how a gift or transfer of property to one or both spouses may be treated in a divorce. But what occurs if one of the spouses transfers marital money or marital property to a person or entity outside of the marriage? Continue reading ›
New Jersey Supreme Court Clarifies the Standard to Determine Whether Transfers of Property Between Family Members Are Gifts
It is well settled in New Jersey that when there is a question of whether a transfer of property was a gift or not, “Proof of gift requires evidence of unequivocal donative intent on the donor’s part, actual or symbolic delivery of the gift’s subject matter, and the donor’s absolute and irrevocable relinquishment of ownership.” Continue reading ›
How Marital Fault May Affect the Marital Calculus
According to the New Jersey alimony statute, N.J.S.A. 2A:34-23 (b), a New Jersey family court in fixing alimony has to consider thirteen enumerated factors. Conspicuously missing from those factors is marital fault. Continue reading ›
Getting Started on the Business Valuation Process in a New Jersey Divorce
In a previous blog post, “How the Fair Value of a Business Interest is Determined in a New Jersey Divorce for Purposes of Equitable Distribution”, James Yudes, Esq. explained the valuation methods utilized by the courts in determining the value of a business for purpose of equitable distribution in a divorce. Continue reading ›
Considerations for a Divorce for Persons Over the Age of 50
According to a March, 2013 publication from the National Center for Family & Marriage Research at Bowling Green State University, authors Susan L. Brown and I-Fen Lin discussed the divorce rate for adults over the age of 50 in their article entitled “The Gray Divorce Revolution: Rising Divorce among Middle-aged and Older Adults, 1990-2010”. Continue reading ›
TO MARRY OR NOT TO MARRY – IS THERE STILL A QUESTION?
Whether at family gatherings, cocktail parties or making small talk at the gym, when people learn I am a divorce lawyer, they often question whether it makes sense to get married in today’s society, that it is “just a piece of paper”, and that people can simply “shack up” if they want to be together. Continue reading ›