Understanding how alimony tax rules affect your finances is crucial, especially for high earners managing complex income and obligations. Is alimony tax-deductible? Under 2025 federal law, no. Alimony is not deductible at the federal level. Yet, it remains deductible at the New Jersey level. As a result, planning alimony-related... read more
Alimony calculation in New Jersey can be complex, especially for high-earning couples. In every divorce, a judge must decide whether one spouse should provide the other with financial support and, if so, how much and for how long. For wealthy individuals, determining alimony requires careful consideration of lifestyle, income... read more
Alimony payments do not always have to remain fixed after a divorce. Life changes, and when it does, you may be able to modify alimony. In New Jersey, courts allow individuals to seek a modification when a significant change in circumstances has occurred. A significant change means more than... read more
Divorce is challenging enough without adding costly financial missteps to the mix. One of the most common and most expensive issues in a divorce is alimony. Whether you are paying or receiving support, alimony negotiation mistakes can have long-lasting financial consequences. In New Jersey, where complex statutes and judicial... read more
When a couple divorces in New Jersey, the question of financial support often arises. One of the most common issues is temporary vs permanent alimony. Temporary alimony refers to support that lasts for a limited period. Permanent alimony, uncommon today, is available in certain long-term marriages when one of... read more
If you and your spouse reach a point in life where parting ways is the healthiest option, you may be eager to move forward and open a new chapter in your life. However, with the potential gravity the outcome of your divorce could have on your life, you might... read more
Like most good parents in New Jersey, when you divorced, your main priority was to make the situation impact your children as little as possible. You hopefully had the opportunity to discuss the changes that were about to take place, perhaps even explaining what they might expect and how... read more
As COVID-19 has taught us, life changes fast and sometimes unexpectedly. Your marriage set you on a new path, and each of your children altered your life in some way. You have likely gone through job changes and perhaps a move or two with your family. Now, you have... read more
Now what do I do? It is an unfortunate reality in the world of family law and divorce proceedings in New Jersey that at some point you will become disenchanted, displeased or otherwise disengaged from the advice and recommendations your attorney is giving you. Now, candidly, that could be... read more
There are complicated questions regarding filing Bankruptcy Chapter 7 or 13 and divorce proceedings and how they are interrelated or not. Bankruptcy The easiest part of this question is what you can include in youu bankruptcy AFTER your divorce. Neither Chapter 7 or 13 can discharge and child support... read more
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