Difference Between an Annulment and Divorce Many people have only heard of an annulment as a method of separating from another person in a religious context. However, the state of New Jersey will allow people to either get divorced or have their marriage annulled under certain circumstances. Understanding the different grounds upon which you …
Ask an Estate Planning Lawyer in Paramus New Jersey: How do I Remember to Plan? As we age, one of the most notable changes to our bodies is to brain function. Memory loss is a common symptom of aging. At first, the memory loss is isolated and occurs so infrequently that it can be quickly …
Testing Ask an Estate Planning Lawyer in Paramus New Jersey: How do I Remember to Plan? Read More »
The Tax Cuts and Jobs Act, passed in December 2017, significantly changes the way alimony or spousal support is treated under federal tax law. Under the current tax structure, the payor spouse (the spouse paying alimony) can deduct the amount paid to the former spouse each month on his or her tax return. The payee …
Continuing from the previous blog post, here are the other three types of alimony in New Jersey. Unlike open durational alimony, these three kinds of alimony are more limited in duration. However, they may still constitute a large financial amount depending on the exact circumstances surrounding the two parties. Here are the final three forms …
Types of Alimony in New Jersey In the following two-part blog series, we will explore the different types of alimony in New Jersey and the circumstances in which each type may be appropriate. Because alimony represents a large (and sometimes indefinite) flow of income from one party to another, it is important to discuss your …
