Posts Categorized In: Divorce

The Tax Implications of Giving and Receiving Alimony Alimony is the payment of funds from one ex-spouse to another, either to maintain the receiving party in a standard of living comparable to that enjoyed during the marriage, or to compensate the receiving spouse for special contributions or other sacrifices made during the course of the… Read More

Marital vs. Separate Property With respect to the division of marital property, New Jersey is an ‘equitable distribution’ state. The touchstone of equitable distribution is fairness to the parties, not equality of distribution. Thus, in a New Jersey divorce action, the marital property is not necessarily, or even commonly, divided 50/50. Courts instead look for… Read More

Length of the Divorce Process A divorce is like a snowflake, in that each are unlike any other of their kind. The number of unique factors in each divorce proceeding means that there is no hard and fast answer to the question of how long any particular divorce proceeding will take. Nevertheless, certain broad predictions,… Read More

Moving Children of the Divorce To Another State The answer to the question posed above is: it depends. In the first scenario, where the spouse seeking to relocate with the child or children can obtain the consent of his or her ex-spouse, then there is no problem and that person may relocate. In the second scenario,… Read More

Modifiable Alimony vs. Non-Modifiable If you find yourself in a position either to pay or to receive alimony in a proposed New Jersey divorce settlement, you’ll want to understand the difference between a modifiable scheme of payments and a non-modifiable one. Alimony Payment Scheme In very basic terms, an alimony payment scheme that is modifiable… Read More