Does an Unexpected Financial Windfall Impact Alimony Payments?

When the alimony arrangement between you and your former spouse was made, your individual incomes, assets, and earning potentials were all probably part of the equation. So if one of you suddenly comes into a lot of money, wouldn’t that require the alimony agreement to change? A financial windfall could require an alimony agreement to change, but it could also have no effect at all. Confused? Don’t be. You just…Read More

Can You Establish Alimony in a Prenup?

A prenuptial agreement is often used to plan out how assets will be divided in case of a divorce, but that’s not it’s only use. You can actually use a prenup to set rules about alimony as well. However, it’s important to note that a judge can occasionally decide to put aside what is written about alimony in your prenup. That’s why it’s important to meet with our prenuptial agreement…Read More

Can Alimony Be a One-Time Payment?

Alimony is one thing that usually ends up being hotly contested in a divorce agreement. Once you figure out who should receive alimony and how much, there will be a discussion about how payments should be made. Many people opt for monthly payments that last for as long as the court prescribes, but some people decide to make a one-time payment that can wipe out their obligation all at once.…Read More

Is Alimony Taxable Income in New Jersey?

If you receive alimony, is it considered taxable income? That’s something you may be wondering as you hammer out a divorce agreement with your former spouse. To put things simply, the answer to this question is yes. However, that does not really tell the whole story. This is why it can be a good idea to consult with our knowledgeable alimony & spousal support attorneys in Bergen County, NJ when…Read More

Is Permanent Alimony Ever Awarded in New Jersey?

It is not common, but permanent alimony can be awarded after some divorces in New Jersey. Whether you are expecting to be the paying spouse or the one who receives support, you’re probably wondering exactly how such a deal happens. Our alimony & spousal support attorneys in Bergen County, NJ can give you some of the information you’re looking for. What is Considered When Awarding Permanent Alimony? The judge will…Read More

Do Alimony Agreements End With Retirement?

If you are paying alimony and you finally reach retirement age, does this change your obligation? For many people, retirement means a significant change in income and lifestyle. Does this mean that the obligation to pay alimony should end or change? Our alimony and retirement attorneys in Bergen County, NJ can help you figure that out. What is Considered the Normal Retirement Age? In most cases, people are expected to…Read More

How Can Remarriage Affect Alimony Payments in NJ?

Remarriage is one event that could cause your alimony agreement to change in the start of New Jersey. These payments are meant to support a spouse who otherwise might not be able to live independently. When that spouse remarries, the alimony payments usually stop because now it is assumed that their new spouse will support them. If you are at all confused about how your spousal support arrangement might change,…Read More

How Do You Qualify for Alimony in New Jersey?

It is far from uncommon for couples to find that money is the root of most of their marital issues. Sadly, divorce does not end money issues and can make things worse, especially if one spouse is financially dependent on the other. Alimony, or spousal support, is a court-ordered financial payment that one spouse makes to the other during the divorce process and, sometimes, for a period after. If you…Read More

Can I Write Off Alimony on My Taxes in New Jersey?

Please read on, then contact one of our experienced alimony and spousal support attorneys in Bergen County, NJ to learn if you can write off alimony or spousal support on your taxes in New Jersey. Can alimony be deducted from your taxes in New Jersey? In 2018, the tax laws were changed, and alimony is no longer taxable to the recipient and deductible to the person paying. However, this does…Read More

What You Should Do if Your Spouse Won’t Sign Divorce Papers in NJ

If you are encountering difficulties in your divorce, please read on, then contact one of our experienced Bergen County divorce attorneys to learn what you should do if your spouse will not sign divorce papers in NJ. Can you still get a divorce if your spouse refuses to sign the papers in NJ? First and foremost, you should reach out to one of our skilled Bergen County, NJ family law…Read More

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