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...
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 is usually...
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 ordered by the court...
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 -...
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 rules for...
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 own set of unique rules....
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 divorce. These laws work on...
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 New Jersey resident,...
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 interests are...
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...