3 Things to Fight for in a DivorceBy Moskowitz Law Group, LLC |
Going through divorce proceedings can take a toll on one’s physical, mental, and emotional health. Splitting assets amongst one another may be difficult and turn into a heated dispute, so it is important to know what is worth fighting for in your divorce proceedings.
New Jersey is an equitable division state meaning that the property is split in a manner that the courts deem fair, though this may not necessarily be equal. Three of the most important things that one should fight for in a divorce include custody of children, retirement assets, and life insurance policy.
Custody of Children
When there are children involved in a divorce, it is important to ensure that their best interests are prioritized. It is recommended that you and your ex-spouse work to reach an amicable agreement when discussing custody agreements during divorce proceedings. The court typically splits custody equally amongst parents unless there is probable cause not to. If you believe that your ex-spouse poses a danger to your child, it is important to inform your divorce lawyer and the court so that they may act accordingly. If the court reaches an agreement regarding custody or visitation that you do not agree with, there is always an opportunity to petition the decision after the divorce is finalized as the agreements are reversible.
During divorce proceedings, you must think long-term, which includes retirement assets. During divorce proceedings, the court must rule on how the marital assets will be divided amongst you and your ex-spouse. Marital assets include all property acquired by either spouse during the marriage, but before the divorce was filed. This often includes items that are retirement assets that can be worth quite a lot. Some of these assets may include 401(k)s, IRAs, pensions, or deferred compensation plans that may be imperative to your future financial security and require you to fight for your fair share.
Although you are getting divorced, you may still rely on your ex-spouse for financial support, whether it is through alimony, child support, or mortgage payments. If your ex-spouse were to die prematurely, this might leave you without a way to handle these payments. This makes it crucial that you fight for a life insurance policy in the divorce settlement. This could help you ensure that you get what you are legally owed in the divorce. If your ex-spouse already has a life insurance policy, you can request for it to be considered in the divorce settlement so that you can try to get your deserving share.
Contact Our Attorneys Today
It is crucial that you understand how important it is to fight for custody, retirement assets, and life insurance in your divorce settlement. Each of these items could permanently affect your future after the divorce and the livelihood of your family. If you have any further questions or are unsure of how to choose what to fight for in your divorce proceedings, contact our legal team at Moskowitz Law group. Our dedicated divorce attorneys could help you fight for the outcome you deserve.