NJ alimony has no formula, depends on lifestyle analysis, and changed after the 2019 tax law. Key Takeaways: NJ alimony depends on lifestyle, not just your salary. The 2019 tax law eliminated alimony deductions for payers. Negotiated alimony gives you control over...
Alimony for high earners in New Jersey is anything but simple. When executive compensation includes bonuses, stock options, restricted stock units (RSUs), and deferred income, determining support obligations becomes far more complex than just reviewing a W-2. For...
For high earners in New Jersey, few divorce issues spark more conflict than how to handle variable income. Bonuses, stock options, RSUs, and deferred compensation can make up a significant portion of executive pay, but when it comes to calculating spousal support,...
Did you know that recent changes in federal tax laws mean alimony payments are no longer tax-deductible for the payor or taxable income for the recipient? This critical shift has significantly impacted divorce settlements in New Jersey, making it more important than...
Divorce can be a difficult process, and for many people in New Jersey who are paying alimony to their former spouse, the uncertainty can be overwhelming. If your ex-spouse has recently remarried, you likely have questions about whether your payment obligation...
An already stressful divorce brings fears about how this life change will impact your future income and ability to pay your bills. To offset this, you may be awarded alimony as part of your divorce settlement. However, the reality is that having a judge order your ex...
Are you considering—or in the midst of—a divorce? Does the idea of paying or receiving spousal support fill you with anxiety? Understanding how spousal support in New Jersey works will answer many of your questions, especially when you consult with an experienced...
When you think of “divorce,” lots of thoughts may run through your mind, especially if you suddenly find yourself facing a split. One of the terms that goes right along with divorce is “alimony.” No matter what your situation or marital status, alimony is an...
The American family has been changing and evolving for years. But some stereotypes still persist from the past, when it comes to divorce and alimony. While we all know that families come in all shapes and sizes, one stereotype that we hear over and over when a...
Filing for divorce can be one of the most gut-wrenching decisions you’ll make, since it includes an upheaval of your current lifestyle. It's also a very emotional decision, unlike, say, buying a couch or joining a new gym, you can get caught up in the moment and...
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