Why It Is Important to Agree that Life Insurance Can Be Reduced If Support Is Reduced

Why It Is Important to Agree that Life Insurance Can Be Reduced If Support Is Reduced

When a couple divorces, the party required to pay alimony and/or child support typically agrees to take out a specific amount of life insurance to secure his or her support obligations. Generally, the insurance policy names the former spouse or children as the beneficiaries. While a spousal support award may be modified in certain circumstances, it does not necessarily follow that the party’s life insurance obligations also will be reduced as evidenced by a recent New Jersey decision.

Can You Date During Divorce?

Can You Date During Divorce?

Divorcing couples often ask about dating – whether they can date and how it will look to a judge. A divorce can go on for a year or more, so the issue arises in many divorces not just those involving spouses who initiated a divorce because they met someone else. The reality is dating is allowed, but there are a few pitfalls that the parties should understand if they want to date while divorcing.

5 Tips from a Divorce Lawyer on Managing the Stress of Divorce

5 Tips from a Divorce Lawyer on Managing the Stress of Divorce

No divorce is stress-free even when couples mutually agree to split. It is an emotional period, often made worse because there are many issues that must be settled, including those involving children, living arrangements and finances. Couples must think rationally about the divorce process and the next steps in their lives at the same time they are dealing with anger, grief and uncertainty.

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