New Jersey Lawyer Blog
Planning Can Help Your Financial Situation
Are you thinking that a divorce will mean each spouse will get half of what you both own together?
Not necessarily. The equation is a lot more complicated than simply splitting the financial assets and liabilities in half so that each spouse can get his or her half. The reality is that many things come into play that could affect your finances after a divorce. What comes into play depends a lot on how much each spouse earns or has the potential to earn, among other things.