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What happens to the family business during a divorce? Are retirement savings and pensions separate property? How to prepare for divorce mediation Considerations for social media during and after divorce 4 communication tips for successful co-parentingBlog Category | Alimony
How can retirement affect alimony payments?
New Jersey law doesn’t have an option for permanent alimony orders in litigated divorce cases – at least by that name. It does offer “open durational” alimony. A payer may have to provide this support for as long as the recipient can’t support themselves...
Continue ReadingAvoiding taxes on divorce settlements in New Jersey
Divorce settlements in New Jersey usually involve some form of alimony payments from one spouse to the other. These divorce settlements might also involve the transfer of property from one person to the other, or large settlements. The IRS has certain requirements when dealing...
Continue ReadingWhat are some factors to determine alimony in New Jersey?
Divorced spouses in New Jersey and around the country receive alimony, which is also called spousal support, to help them to maintain the same kind of lifestyle that they enjoyed when they were married. Alimony is not awarded in all divorce cases, and it...
Continue ReadingHow do you know if you qualify for alimony?
Some New Jersey couples find that their marriage cannot last. After the divorce is final, one spouse may be ordered to pay alimony to the other. This is how to know if you qualify for this type of support. Understanding alimony Alimony is payment...
Continue ReadingExplaining palimony
The end of a relationship can be challenging, whether it be a marriage or a long-term relationship. New Jersey residents can often find themselves unsure of their legal rights when dissolving a partnership. Most people are familiar with the concept of alimony – financial...
Continue ReadingHow does date of birth impact Social Security spousal benefits?
Social Security benefits can be an important part of your retirement plans. You might be able to claim benefits based on your own work record or based on your ex-spouse’s work record. Some New Jersey residents, however, might be surprised to find that the...
Continue ReadingHow alimony differs from child support in New Jersey
When it comes to New Jersey family law, there are a lot of important concepts that people need to understand. Two of the most common are alimony and child support. Both are support payments typically paid by the same person, but each has its...
Continue ReadingUnderstanding alimony laws in New Jersey
The aftermath of a divorce in New Jersey can sometimes be cause for anxiety. This is a period during which your financial future can seem up for grabs. You should be aware that there are laws that govern the division of assets after a...
Continue ReadingNegotiating an alimony agreement
Alimony is one of the most challenging processes associated with divorce. When two people decide to end their marriage, the last thing on their minds is figuring out how to give money to one another once they are no longer together. If you’re a...
Continue ReadingTaxes and alimony
If you are set to receive or pay spousal support in New Jersey, it will be helpful to understand the types of spousal support and their tax implications. Being knowledgeable about this will help you plan for the future and ensure that your financial...
Continue ReadingWhat is the alternative to traditional alimony?
Many divorcing couples in New Jersey have to deal with matters like alimony. If there’s an agreement between the spouses, it’s possible to skip the traditional alimony route and go with an alternative instead. This might be a good solution if standard monthly alimony...
Continue ReadingAlimony and cohabitation in New Jersey
For a long time, the law in New Jersey was that alimony needed to be paid until an ex-spouse was remarried. When this law was first enacted, it made sense. But over the past few decades, attitudes about marriage have changed. Whereas there used...
Continue ReadingWhat factors are considered when making an alimony decision?
Alimony is an important part of many divorces as it determines how much money one spouse will be paying the other for a set period of time. Under New Jersey law, a variety of factors are considered that determine how much alimony will be...
Continue ReadingThe factors that determine if you’ll get spousal support
In the state of New Jersey, alimony may be included in a final divorce settlement. There are many factors that a judge will evaluate when determining if either party to a marriage should receive spousal support payments. These factors may include your age, your...
Continue ReadingFactors that determine alimony amounts and duration
When a marriage ends in New Jersey, the courts and the interested parties often must grapple with a list of financial concerns. Some of these concerns rest on the ability of the parties to pay for costs associated with legal action. Another central issue,...
Continue ReadingWhat is the purpose of alimony?
Alimony may seem like an outdated concept. When it originated, it was during a time when women stayed home to tend the children and the house, and men were the only ones working and supporting the household. At that time, the goal was to...
Continue ReadingHow do courts address alimony for special needs children?
Your experience as a parent may involve caring for a child with special needs. This makes the subject of alimony a more critical one for you since your child requires special and more expensive care. You should know whether a court will give special...
Continue ReadingHow does the court calculate alimony?
You can find a New Jersey alimony calculator relatively easily online. How accurate are these tools? Unfortunately, the answer is that they may not apply to your unique situation. Alimony is more than just a three-point, simple calculation. Like many other aspects of your...
Continue ReadingWhen may the court require you to pay manimony?
Originally called alimony, courts have awarded spousal support payments as part of divorce proceedings for decades. In recent years, however, a new wrinkle to the traditional payments by husbands to wives has begun to emerge: manimony. If you have never heard this word before,...
Continue ReadingHow Your Contributions to the Marriage Affect Alimony
The judge in your divorce case will consider a variety of factors when determining whether to allocate alimony. One of those is your contributions to the marriage. At Weinberg, Kaplan & Smith, P.A., we want to help you to understand this factor better so...
Continue ReadingPurchasing life insurance while paying spousal support
If the court determines that you should pay alimony or you volunteer to do so, you may need to purchase a life insurance policy. You may then need to name your ex as a beneficiary. If you already have life insurance in place with...
Continue ReadingWill I have to pay alimony for life?
The rules about assigning alimony leave a lot up to judges. They can often make decisions about how long you have to pay and how much based on what they learn about your marriage and financial situations. In the past, some judges would order...
Continue ReadingDoes cohabitation end the need for alimony?
When you are the primary income earner in your marital home in Marlton, you understand the impact that your divorce may have on your ex-spouse’s financial stability. This understanding may make it easier for you to accept the need to provide them with financial...
Continue ReadingWhen can a man get alimony?
The courts do not consider gender when determining who gets spousal support. The determination of the court comes from need and the finances of both spouses. According to Forbes, though, more often it is women who receive spousal support awards. In some cases, this...
Continue ReadingNew tax laws to affect alimony payments
New Jersey has welcomed a new year, and for many residents, 2019 was full of big changes. In addition to holiday celebrations and annual festivities, ’tis the season to start thinking about tax returns. Several new laws have taken effect, and one of them...
Continue ReadingThe impact of a new marriage on alimony
New Jersey residents might be surprised to learn that almost half of new marriages in the United States include at least one person that has been married before. People are not giving up on matrimony, but there might be a few more things to...
Continue ReadingOur firm has decades of experience handling alimony disputes
As we recently discussed on the blog, there are many types of alimony that can be awarded during the course of divorce. Depending on your circumstances, you may choose to aggressively seek a particular type of alimony that best meets your financial needs. On...
Continue ReadingThere are multiple types of alimony in New Jersey
There are a number of divorce legal issues that can reshape your post-divorce life. Child custody, of course, is a big one, but no other legal issues may affect your financial health more than alimony. Those who are successfully able to seek alimony, the...
Continue ReadingReasons why the length of alimony may be adjusted
Regardless of which side of the fence you stand on during an alimony dispute, there can be a lot at stake. For an individual who is seeking spousal support, the outcome of these matters can shape his or her standard of living for years,...
Continue ReadingComing to terms with “fairness” and alimony in a divorce case
Many people in New Jersey get divorced for a very simple reason: they no longer want to have any type of relationship with their ex-spouse. So, when spousal support – commonly known as “alimony” – is an issue in a divorce case, it can...
Continue ReadingWhat questions determine alimony issues in a divorce?
Alimony issues in a Marlton divorce can cause fervent and contentious confrontations between the two sides. Many people who are involved in a divorce are looking for a “clean break” to the relationship which has taken a turn for the worse. Alimony is a...
Continue ReadingVarious criteria used to determine alimony in New Jersey
Many divorce cases in New Jersey involve contentious disputes about child support, child custody and property division. However, the one issue that can really cause debilitating strife in the legal proceedings is a request for alimony. After all, most divorcing spouses view the end...
Continue ReadingAre trends shifting in divorce court when it comes to alimony?
Alimony is always a hot-button issue in a divorce in New Jersey. It is fairly obvious to see why: when spouses are getting ready to go their separate ways, one soon-to-be ex-spouse is typically not in favor of continuing to make financial payments to...
Continue ReadingKnow what you are getting into when it comes to alimony
When New Jersey residents are part of a divorce case, they probably expect to encounter quite a few bumps in the road during the process. After all, in many cases, the situation already starts out with two people who are obviously not overly fond...
Continue ReadingThe basics about alimony in a divorce
Many divorces in New Jersey will include a claim by one spouse or the other for alimony, also known as “spousal support.” However, many people do not know the basics about alimony and how it might be ordered as part of a divorce decree....
Continue ReadingWhat do New Jersey courts consider when determining alimony?
Alimony is a part of many divorce cases throughout the country, but each state has its own rules as to how this financial obligation is awarded, for how long and to which spouse. So, what do New Jersey courts consider when determining alimony in...
Continue ReadingCan alimony be addressed in a premarital agreement?
This blog has on previous occasions discussed prenuptial agreements, which, under New Jersey law, are technically referred to as premarital agreements. While premarital agreements are commonly thought of in the context of an absolute divorce, New Jersey residents may wish to enter into one...
Continue ReadingWhat are my options if I am not receiving my alimony?
As previous posts on this blog have discussed, New Jersey law allows spouses who are separating to seek an award of alimony from the other spouse. These payments are often very important to the livelihood of the person receiving them. Among other things, alimony...
Continue ReadingRepresentation for alimony disputes
As a previous post on this blog discussed, an award of alimony is not a given in any type of divorce proceeding. Moreover, the amount and duration of the award can depend on a lot of different factors that are largely left up to...
Continue ReadingReview of factors courts use when awarding alimony
Although this blog has discussed them before, it may be helpful to our Marlton, New Jersey, readers to review what factors a New Jersey court uses when deciding whether to award alimony and in what amount to award it. There is actually a list...
Continue ReadingThe evolving tax consequences of alimony
Many residents of Marlton, New Jersey, have to pay alimony or face the consequences of ignoring a court order to do so. While not everyone necessarily sees this as a burden, many people do. The silver lining for them is that, at least through...
Continue ReadingThe current status of palimony in New Jersey
Even as more people choose to live together without being married, the law in New Jersey still offers special protections to those who are legally wed. Unlike married couples, unmarried couples have to go almost piecemeal through a series of legal hoops in the...
Continue ReadingAlimony in a ‘bed and board’ divorce
Unlike several other states, New Jersey does not have a formal process for legal separation as opposed to a divorce. Instead, Marlton residents who want something along the lines of a legal separation can file for a “bed and board” divorce. The result of...
Continue ReadingCan there be “permanent alimony” in a New Jersey divorce?
Lawyers will carefully choose the words they use in making arguments before courts in hopes of getting a better outcome. Legislatures also change the wording of the laws being argued about, in order to create a desired public reaction. One of these latter changes...
Continue ReadingAlimony is not automatic
One of the most stressful consequences of a divorce is losing the financial support of your spouse. Individuals who make less than their spouse, cannot work because of injury or stay at home with children can be in a tight spot when it comes...
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