A lot of New Jersey residents are doubtless tired of hearing the news items about how the millennial generation is supposedly killing various things, like golf or napkins. Family law attorneys, however, have noticed a trend among younger people. They have reported an increase in millennials' use of prenuptial agreements.
Younger people turn to prenups in case of a high-asset divorce
How are division of assets handled in a New Jersey divorce?
Married couples acquire assets and property for their joint use. If the couple later divorces, the decision must be made as to which spouse gets what property. If the spouses cannot agree on who gets what, a family law court must make the decision for each spouse. Let's briefly review the method that New Jersey courts use to determine who gets what in a divorce.
Why alimony may be more contentious than ever
One of the biggest sticking points of many divorces is alimony. It’s tough for either party to willingly contribute to an ex’s financial well-being.
