Your Essential Guide to Understanding Alimony in New Jersey
Whenever you get embroiled in a divorce, attorneys get involved in helping ensure you get fairly represented in the proceedings. One of the critical factors that get argued in court and can lead to the most emotionally charged exchanges is alimony. While popular culture has painted alimony as something that a man more often than […]
Stimulus Checks Impact on Divorce, Child Support & Alimony in New Jersey
On March 27, 2020, Congress and President Donald Trump signed a $2 trillion spending bill known as the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law, intending to offset the economic damages of the coronavirus pandemic. This spending bill includes a one-time payment to eligible American taxpayers. Most individual taxpayers with an adjusted […]
Can My New Jersey Alimony be Taxed?
After years of marriage, you’re getting divorced. If you earned a lower income than your spouse or if you helped put him or her through school, you might qualify for alimony, the monthly payment intended to help the lower-earning spouse remain financially stable following a divorce. While there is a lot of information online on […]
How Is Alimony Calculated in New Jersey?
Alimony is a term that many recognize, but it’s often misunderstood. Also known as spousal support, alimony is financial support provided to a spouse under specific circumstances during and after a divorce. In New Jersey, there is no set formula for determining the amount and length of alimony payments, which can make estimating an amount […]
What New Jersey Alimony Laws Mean for You
Figuring out finances is often at the top of priority list during a divorce. One of the most contested pieces is alimony (also known as spousal support), where the court determines an amount one spouse must provide to the other on a monthly basis. There are many factors that go into determining the final number […]
More Women Are Paying Alimony in New Jersey
There has been a shift in the financial dynamics of the American family. As recently as twenty years ago, most families saw the husband as the primary breadwinner. But a shift in the dynamic of the American household has more women opting to start their careers first, before starting a family, and then earning more […]