If you’re getting married or considering marriage, understanding what a prenuptial agreement is and what it can and cannot do is of the utmost importance. This is especially true if you’re coming into the marriage with a great deal of assets. The idea that a prenuptial agreement is “unromantic” is a misunderstanding of what the […]
Posted in : Divorce , Leave a commentAfter a divorce, the lesser earning spouse may have difficulty providing for themselves financially. In these cases, New Jersey judges may order alimony, also called spousal support. This payment helps lesser earning spouses learn to live independently and is not always ordered. If you’re paying alimony, when can you expect it to end? Spousal Support […]
Posted in : Divorce , Leave a commentOrganizing Ahead Of Filing For Divorce It may seem frustrating and tedious to gather all of the information and possible documentation necessary to file for a divorce, but the fact is, the sooner you get on with it, the better prepared you will be when you meet with your New Jersey divorce lawyer. Financial documents, […]
Posted in : Divorce , Leave a commentOne of the most contentious aspects of a divorce is finances. This is especially true for self-employed individuals. It’s important to make sure you’re paying extra attention to the financial aspects of your divorce if you work for yourself. Here’s what you should know. Making Full Financial Disclosure Whether you work for yourself or not, […]
Posted in : Divorce , Leave a commentRecent changes to tax laws have affected how alimony is taxed. Essentially, the move by the Trump Administration, which was sealed into law in January of this year, reverses who the tax burden falls on. Here’s what you should know about how alimony is taxed in 2019. The Tax Cuts and Jobs Act — What […]
Posted in : Divorce , Leave a comment