908-964-0102Recent Blog Posts
Tax Implications of Property Division in New Jersey Divorces
Dividing assets during a divorce can be one of the most challenging aspects of dissolving a marriage, even without considering how the property division might affect taxes. In New Jersey, property division follows an equitable distribution approach, meaning assets are divided fairly, though not necessarily equally, based on each spouse’s contributions and other factors…. Read More »
Hidden Assets and Property Division in New Jersey Divorce
Divorce can be a difficult and emotionally charged process, and the division of assets is one of the most complex and contentious aspects. The process becomes even more complicated when one spouse tries to conceal assets. Hiding assets during a divorce can have serious legal consequences, and understanding how New Jersey law addresses this… Read More »
Tax Implications of Receiving or Paying Child Support in New Jersey
When making child support arrangements in your divorce, an important factor to consider is how these payments affect your taxes. In New Jersey, child support payments can significantly impact both payors and recipients, although not necessarily in the ways some might expect. This article outlines the essentials of child support tax implications in New… Read More »
Debt Division in New Jersey Divorces: Who Owes What?
Property division in divorce is not only about dividing assets; it’s also about determining how to handle debt. Couples often accumulate debt together during the course of their marriage, whether through mortgages, credit cards, or personal loans. When divorce occurs, this debt must be divided between the parties. In New Jersey, the process for… Read More »
Inheritance and Gifts in New Jersey Divorce: Are They Subject to Division?
Divorce often brings up numerous questions about the division of assets, particularly when it comes to inheritance and gifts. In New Jersey, the process for determining whether these types of property are subject to division is not always straightforward. Understanding how inheritance and gifts are classified during a divorce can be crucial for both… Read More »
Alimony for Long-Term vs. Short-Term Marriages in New Jersey
In New Jersey, the duration of a marriage is a key factor in determining the terms of alimony. Alimony, also known as spousal support, is designed to provide financial assistance to a spouse following a divorce, allowing them to maintain a lifestyle similar to what they enjoyed during the marriage. The length of the… Read More »
Enforcing Child Support Orders in New Jersey: Legal Remedies and Resources
Child support is a fundamental right for children and a legal obligation for parents in New Jersey. When a parent fails to meet their child support obligations, the custodial parent and the child may suffer undue financial hardship. Thankfully, New Jersey has robust enforcement mechanisms to ensure that child support orders are followed. Below,… Read More »
Alimony and Retirement: How Retirement Affects Alimony Obligations in New Jersey
Retirement marks a significant life change, but for individuals paying or receiving alimony in New Jersey, it also brings important financial considerations. Whether you’re approaching retirement or your ex-spouse is, understanding how retirement affects alimony obligations can help you navigate this transition smoothly. New Jersey law provides guidelines for modifying or terminating alimony when… Read More »
Balancing Responsibilities for Child Support and Shared Parenting in New Jersey
Child support is a crucial component of co-parenting in New Jersey, ensuring that children receive the financial resources they need for a stable upbringing, even when parents are separated or divorced. When it comes to shared parenting arrangements—where both parents are involved in the child’s upbringing—understanding how child support is calculated can be a… Read More »
Prenuptial Agreements and Second Marriages
Entering into a second marriage is often a joyous occasion, but it also brings unique legal and financial considerations. For couples tying the knot again, prenuptial agreements (often referred to in New Jersey as premarital agreements or “prenups”) are a valuable tool for safeguarding assets, ensuring financial stability, and protecting the interests of children… Read More »
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