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Categories for: Divorce

How Divorce Affects Your Taxes
Posted in: Alimony Child Support Divorce

How Divorce Affects Your Taxes

March 14, 2019

One of the most common questions individuals have when divorcing is how their taxes are affected by the divorce and the related settlements such as child support and alimony. While most Passaic County divorce attorneys will urge you to speak with a financial consultant to get exact figures regarding your divorce settlement and how it affects your taxes, we can answer some of your more general questions regarding divorce and taxes now. Are my taxes filed jointly or individually during my divorce? […]

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Woodland Park Divorce Lawyers Discuss Three Steps in Determining Equitable Distribution
Posted in: Division of Assets Divorce

Woodland Park Divorce Lawyers Discuss Three Steps in Determining Equitable Distribution

March 7, 2019

There are many complications that can come with any divorce. Without a doubt, the equitable distribution of property, as well as any wealth that has been accrued during a marriage, is one of the most often argued and regularly contested issues. Put simply equitable distribution in a divorce is the division of marital assets in a manner that is considered fair but not necessarily equal. Being that New Jersey is an equitable distribution state, in the event of a divorce, […]

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Savings and Alimony
Posted in: Alimony Divorce Family Law High Net Worth Divorce

Savings and Alimony

February 26, 2019

In the recent case of Lombardi-v-Lombardi, the New Jersey Appellate Division addressed the issue of calculating alimony when there is a historical precedent of both parties regularly saving money.  The divorcing couple’s annual income was approximately one million dollars.  During the divorce litigation, it was evidenced that their monthly spending was approximately $17,000, and additionally, the couple saved about $60,000 per month.  After a drawn trial, the divorce court awarded the wife a spousal support settlement in line with the […]

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Passaic County NJ Prenuptial Agreement Attorney
Posted in: Alimony Child Custody Child Support Divorce Family Law

Prenuptial Agreements: Planning Your Marriage

February 20, 2019

Planning a wedding can be a complicated process. Many decisions need to be made, ranging from minor decisions such as which cake to eat, to major decisions such as whether or not you should enter into a prenuptial agreement with your future spouse. While at the time of marrying, you probably can’t conceive ever divorcing your spouse, establishing a prenuptial agreement is often a prudent and wise measure to take. Several important questions need to be answered before entering into […]

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Passaic County NJ divorce lawyers
Posted in: Alimony Child Custody Child Support Divorce Family Law

What to Do if Your Spouse Doesn’t Want a Divorce

February 14, 2019

Many clients are unsure of their legal rights in New Jersey when they wish to divorce, but their spouse does not. The good news is that New Jersey is considered a “no-fault” divorce state. This means that either party in a marriage may file for divorce, even if they have no specific grievances or proof of wrong-doing. The only thing you need to prove in order to get a divorce is that you have an “irreconcilable difference” with your spouse, […]

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