Legal Question in Family Law in New Jersey

You do not have much to divide, but the house will either be sold or one of you will buy the other out, which in this real estate market means that the buy out is a four figure sum. Your incomes are two close alimony.

As for paying mortgage, you are obligated on the mortgage and can only escape this obligation if your wife refinances and buys you out or the house is sold..

A separation agreement is an agreement between you and your wife resoling the issues of a divorece, distribution of property and spousal support.

Alimony - probably none or little. your income just a little over hers.

House- seems like no money left over after selling, if worth what you say. maybe have one of you buy it from the other?

son's college - is his mother helping to pay? the divorce will cost you some money (probably not a lot), but should not have a direct impact on your son.

These are all just guesses by me, based on what you said. Real answers take real work.

I have been doing divorces for 25 years, and would be happy to help you.

Give me a call if you would like to talk it over. The telephone discussion will be free of charge, and I will let you know what I believe I can do to assist you further. My contact information can be obtained from the links below, just click on the Attorney Profile link. Let my secretary know you found me through LawGuru.

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