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Ending a marriage is never easy.  It is a process that often involves not only financial, but also emotional strain.  However, it is possible to prepare for your divorce.  The best preparation is having knowledge of your family’s finances.   Often in a divorce case one spouse is at a disadvantage because he or she did not handle the finances during the marriage due to other responsibilities.  If you are considering divorce, it is an essential first step to gather as much financial information as possible.  Important documents to obtain include, but are not limited to, income tax returns, bank records, credit card statements as well as retirement and investment account statements.  It is a good idea to make a list of your assets and debts prior to consulting with an attorney.  It is also crucial to be aware of your monthly budget, which will help determine your financial needs.  In order to best assess your budget begin retaining a copy of all bills and receipts for your expenditures and track your expenses each month.

The next step is to consult with a matrimonial attorney who specializes in family law.  An experienced family law attorney will not only be able to navigate you through the legal process, but he or she can also effectively deal with the added emotional component that is inevitably part of the divorce process. The attorneys at Iandoli & Edens dedicate their practice exclusively to representing individuals with family law issues. Our attorneys are here to help you through the divorce process.  Please call us at (908) 879-9499 to schedule an initial consultation.

Whether you are paying alimony or receiving alimony, or about to pay alimony or about to receive alimony, a recent case may be applicable to your situation.

Typically alimony is based on the standard of living enjoying during the marriage.  You would assume that it is also based on the earnings during the marriage.  However, that’s not necessarily the way it will work.  A recent case made it clear that under certain circumstances a court can consider the earning capacities of the parties that include earnings beyond that earned during the marriage.  The court said it can look at a principle called the “momentum of the marriage” to determine if that caused the higher future earnings.  If so, and all the other criteria relevant to the case are satisfied, a payor spouse’s current earnings, even if higher than those earned during the marriage, can be used to determine the amount of alimony to be paid.

Should you have any questions about alimony, do not hesitate to contact one of the attorneys at Iandoli & Edens at (908) 879‑9499.

Eva Longoria, the “Desperate Housewives” actress who recently split from NBA player, Tony Parker, took on a rather interesting and optimistic approach when communicating about her divorce;  “I am not letting this take over. Something great is around the corner – I can’t wait to see what’s going to happen.”

Actor and film producer, David Arquette, recently faced divorce proceedings from actress Courtney Cox, who is best known for her role as “Monica” on the hit TV series “Friends”. The ex-Hollywood couple has been reported to remain friends and to cope with the fact that their marriage simply failed – without blaming the other.  Mr. Arquette has said that going through a divorce is a difficult process; “It’s heartbreaking and it hurts really bad. It can really mess with your head.”

Longoria’s positive outlook and Arquette’s welcoming style are nothing short of admirable. Let’s face it – it is difficult to look on the brighter side when facing a divorce. After all, your world may be splitting in half – sometimes, literally. Unfortunately, the resulting depression and sadness so inherit in divorce can overwhelm. All too often, litigants spend good money after bad being angry – trying to get even with their soon to be ex-spouse.

No matter who you are, divorce has the deep and real potential to take over your mind; but, the way you react is totally up to you. Optimism and hopefulness is exclusive to those who are able to look past the perceived injustice of it all.  Confidence in a new beginning is paramount.

It really does not have to be so bad. Divorce does not have to destroy and you should not let it destroy you or your family.

Speak to an attorney at Iandoli & Edens, LLC today who can help you get through the divorce process with optimism and confidence. We are here to help. Contact an attorney today at 908.879.9499.

It is not uncommon for a spouse who has filed a Complaint for Divorce to question his/her decisionGiven the many emotions that surface during divorce proceedings, sometimes a spouse may wonder if he/she should give their partner one last chance.

Spouses should give special attention to their present circumstances when making this decision. If the reconciliation does not last and the spouse who previously dismissed their Complaint now wants to re-file their Complaint, his/her support obligations and/or share of equitable distribution may have substantially increased or decreased since the time of the initial filing.  In most cases, the courts will look to the date of the second filing (re-filed Complaint) in making impactful financial decisions.

If you or someone you know is in a similar situation, it may be wise for that person to meet with a family law attorney to discuss the particulars of their situation and any alternative they may have.  In some cases, spouses may choose to execute a Reconciliation Agreement whereby certain spousal expectations are delineated along with agreed upon financial distributions if a divorce occurs. Our attorneys are here to help you.  Please call us at (908) 879-9499.

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