Episode Summary:
In this eye-opening episode, Alix Claps reveals the financial surprises that catch many New Jersey divorcing couples off guard. The discussion covers expert fees, dual-household expenses, insurance shifts, and proactive steps to minimize costs and protect assets.
Key Timestamps:
00:01 - Show Introduction
00:30 - Guest Introduction
00:50 - Common Financial Surprises
01:45 - Why Costs Are Underestimated
03:00 - Expenses of Two Households
04:15 - Importance of Pre-Filing Financial Review
05:00 - Key Documents to Gather Early
06:00 - Hidden Fees (Court, QDRO, Experts)
07:30 - Insurance Changes Post-Separation
08:45 - Tax and 529 Planning Issues
09:45 - Estate Plan Updates After Divorce
11:00 - Budgeting Strategies
12:00 - One Step to Take Now
12:45 - Closing Remarks
About the Show:
"For Better or for Court: Family Law in New Jersey" is a podcast that demystifies divorce, custody, and support issues across the state. Alix Claps provides practical insights and experienced guidance to help families navigate changing circumstances with clarity and confidence.
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