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
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
With all of the recent attention the federal government is placing on immigration enforcement, and the seemingly random raids of businesses and other locations, many of our library clients have asked what they should do to be prepared. Our clients have also asked how Directors should respond to questions... read more
If you’re a New Jersey parent preparing for divorce, you may be concerned about how this decision will impact your children. Whether the choice was mutual or not, it’s natural to worry about issues like custody, visitation, and New Jersey child support. Seeking guidance from friends or family members... read more
Dividing property is one of the most important and often most contentious issues when a couple divorces. New Jersey requires equitable distribution, which means marital property must be divided fairly. If you are facing a divorce and wondering what you are entitled to keep, understanding how equitable distribution in... read more
Key Takeaways Involuntary Dissocation of a Limited Liability Company Member There was a belief, perhaps unreasonably so, that Courts were unwilling to keep people in business together when plainly the owners were no longer capable of maintaining a working relationship. The New Jersey Supreme Court, in the first... read more
You planned ahead and protected your business, property, or family inheritance with a prenuptial agreement (or “prenup”). But now the divorce is underway, and that “ironclad” document is being contested. From Bergen County estates to tech ventures in Jersey City, high-asset divorces can turn prenups into battlegrounds. If you’re... read more
If you or your spouse owns a business, divorce isn’t only personal, it’s financial. In New Jersey, a thriving business can be your proudest achievement. It can also be the most contested asset in a divorce. Whether you own a professional practice, a fast-growing company, or a multigenerational family... read more
Life doesn’t slow down in New Jersey after you tie the knot. After marriage, you may buy a beach house in Cape May, launch a business in Hoboken, or inherit property in Morris County. Whatever the case, your financial life often looks different years after your wedding day. That’s... read more
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