When couples with minor children separate, the issue of child support usually looms large. Although New Jersey has a standard set of guidelines to determine the monthly support amount one parent will pay to the other, those guidelines can fall short in higher-income cases. Private school tuition, extracurricular activities,... read more
When parents separate, one typically pays child support to the other. The amount they pay depends primarily on each parent’s earnings. When one or both parents earn money across borders, child support becomes more complex. New Jersey courts must decide how to consider international income in child support cases... read more
Many high earners in New Jersey assume child support affects their tax return due to its impact on cash flow, withholding, dependency claims, and child-related credits. While confusion about child support tax deductions is common, child support is tax-neutral under both federal and New Jersey law. However, it is... read more
When parents divorce or separate in New Jersey, one often pays child support to the other to ensure that children continue to benefit from the financial resources of both parents. In many cases, parents calculate support using standardized guidelines in New Jersey law that produce predictable results. The analysis... read more
High-income child support in New Jersey often varies with income changes, such as bonuses, equity vesting, or fluctuations in business profits. The risk is not simply overpaying or underpaying support. The problem is falling behind on an enforceable order when income is unpredictable. When that happens, the key question... read more
Key Takeaways 👶 NJ child support covers essential needs including housing, food, clothing, healthcare, childcare, and extracurricular activities to ensure a child’s well-being. 💰 Strict usage boundaries play a key role in identifying discrepancies through bank statements, tax returns, and digital records. 📅 Modifications and termination rules: NJ child... read more
Going through the end of a marriage can be a stressful and daunting experience, especially if you and your soon-to-be ex have children together. Since you likely place a high priority on the well-being of your children, you may have concerns about how the process will affect their lives.... 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
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