Your Money: How to split assets in divorce, get medical coverage, after 30-plus years of marriage
Family law attorney, Ken White is quoted in the article “Your Money: How to split assets in divorce, get medical coverage, after 30-plus years of marriage” by Karin Price Mueller in The Star-Ledger and NJ.com on July 23, 2014.
The question submitted to the author Karin Price Mueller is:
Q. I will be divorcing after 30-plus years. I have worked part time through the marriage and, nearing age 60, I don’t feel I should have to start working full time just because my husband wants a divorce. I will also lose medical coverage. What percentage of his 401(k) should I ask for? This is the only asset we have except our home, and we hope to break even after the sale. I will have to use some of it to get myself a rental and some other purchases to get situated. I will also have a teenager living with me, so I will probably collect child support. — Starting Over
Ken White did not offer legal advice to the question as there is not enough information but states that in New Jersey you can expect to split/receive approximately 50% of all assets from the marriage. The medical care coverage question is addressed but again is much more complicated than a simple Q&A.
Read the full article – “Your Money: How to split assets in divorce, get medical coverage, after 30-plus years of marriage”
ABOUT Ken White, ESQ
Kenneth White is a partner in the New Jersey law firm Shane and White. Ken White’s legal practice includes Family Law and Divorce.
