If you are like most married people in New Jersey, you have named your spouse as the person who would be responsible for making financial or medical decisions on your behalf if you would ever be rendered unable to do so. Your spouse is also likely the executor of your will and the beneficiary of any retirement account or life insurance policy. That fact means that these things should all be reviewed and updated when you get divorced.
Most people in New Jersey know someone who has gotten divorced at least once in their life. A good number of these people have been divorced at a later stage in life, passed the age of 50. In fact, according to The Pew Research Center, the number of people divorcing at this point in life has doubled since 1990. The impact of a divorce at this age may well be different than the impact of a divorce at a younger age.
Residents in New Jersey who have children that are seniors in high school now may well be looking ahead to sending their kids off to college next fall. That may also mean that they are trying to figure out how to pay for that college education. For many people, financial aid becomes an essential part of funding higher education for kids and a primary step in receiving such aid is the completion of the Free Application for Federal Student Aid, also referred to as FAFSA.