I've learned over my years of programming in object oriented languages is that null values can be really painful. Due to poor decisions by API designers code has to be littered with null checks to ensure that values returned from API calls return something other than null. Failing to make these kind of checks while oftentimes harmless, can cause problems once you start testing code off of the happy-path.
There are few things a consumer of a poorly designed class can do other than simply read the documentation, add null checks and test thoroughly. So, if you're designing a new class it's really important that you get it right the first time. While I can't give much advice about the design of your specific class, I can give some hints nulls and when it's appropriate to use them.
These rules aren't hard and fast, there are times when these rules are completely wrong. But it's been my experience that these rules are applicable in almost all cases.
Return null when you mean null.
A common mistake that programmers make (myself included) is to simply default values to null. I attribute this to laziness. It's much easier to simply use null as a default value instead of some sensible value. Certainly there are times when null is a good choice, but I think as programmers we tend to fall into the trap of using null because its convenient.
The first thing to understand about null is that it means the absence of a value. It means there's nothing to see here, move on. It doesn't mean empty string, it doesn't mean 0, it doesn't mean empty instance of a class it means that there is nothing to refer to, no value. Unless your program needs to distinguish between an empty value and no value provided there is little need to use null.
Return an empty list or collection instead of null.
If you have a method that is supposed to return a list of something, you should always return a list regardless of whether there is anything to put in the list. Typically, when a caller asks for a list they are usually going to loop over its contents performing some operation. Since a loop over an empty collection is effectively a no-op returning an empty collection simplifies the calling code by removing the need to check for null.
Return a safe instance instead of null.
When possible, return a do-nothing instance of a class instead of null. This is really useful for classes that contain other objects that are used frequently. This allows callers chain method calls together without having to worry about null return values. Typically this is useful for classes that are treated as services.
An example of this might be an a getXPathEngine() method of a Document class. If there is no implementation of XPathEngine available, then Document.getXPathEngine() should return a safe implementation of XPathEngine instead of null that way callers don't have to constantly check for the presence of the engine, they can assume that it exists.