Life goes on after divorce. Maybe your ex meets and becomes involved in a new romantic relationship. But you’re still paying alimony. And you might have heard about “cohabitation” and how it means your alimony payments should stop. So, you might think it’s…
Under the new federal tax law, can no longer deduct your alimony payments on your federal income tax returns. So, if you’re separated or considering divorce, it’s important to know what kind of potential alimony obligation you might be facing,…
What can you do if you’re paying alimony and suspect your ex is in a new romantic relationship? Your ex might be “cohabitating” under New Jersey law. If so, you can ask the court to terminate, modify, or suspend your alimony…
The end of 2018 is rapidly approaching. In December 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 into law. The alimony tax law will take effect for all divorce agreements and Judgments of Divorce obtained on…
Alimony is where one spouse makes regular periodic payments to the other after the divorce is finalized. Generally, New Jersey courts have the authority to decide if alimony is appropriate, and if so, the amount and duration of alimony payments by…
If you are separated or considering divorce in New Jersey, you might be concerned about potentially being obligated to pay alimony to your spouse, especially in light of the new federal tax law. Significantly, for divorce agreements executed on or…
In December 2017, President Trump signed the Tax Cuts and Jobs Act of 2017 into law. If you’re separated or considering divorce, the new federal tax law can have a major impact on your divorce settlement negotiations. While tax law changes…
You might be considering divorce yet concerned that you may have to pay alimony to your spouse. Common questions might include how do I know if I’ll have to pay alimony? How is alimony calculated? How long would I have…
For those who are currently paying alimony or have a potential alimony obligation in a pending divorce action, the tax reform bill recently approved by the U.S. House of Representatives would eliminate the tax deduction for alimony. Alimony payments are presently…
