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Posts tagged "alimony"

The tax treatment of alimony payments

New Jersey residents whose divorce cases included an alimony order or agreement should be aware of how the IRS treats these payments, both for the payer as well as the recipient. People who make qualifying payments are able to claim deductions for them, while those receiving qualifying payments must report them as income on their federal income tax returns.

Requesting a name change during divorce

When many New Jersey residents decide to get married, one spouse may wish to change their last name to match the last name of their spouse. However, if the couple decides to get a divorce down the road, the spouse that changed their name may wish to have their maiden name restored.

Understanding domestic partnerships

New Jersey residents may benefit from learning more about different issues associated with domestic partnerships and civil unions. First and foremost, domestic partnerships are designed to allow an individual the right to visit a partner being treated at the hospital and to grant authority in making medical decisions. Domestic partnerships may also provide partners with rights to equitable distribution and financial protections. This status may apply to seniors who choose an alternative means to marriage or gay or lesbian couples who desire to be in a legally recognized relationship.

What happens after a complaint for divorce is filed?

New Jersey residents who file for divorce may be interested in a speedy resolution to the matter so that they can move on with their lives. Several factors may affect the timing as a case is scheduled for court activity. If it is uncontested, the case could be heard as soon as three months from the filing date. However, delays may be expected if the court is extremely busy. As a date is selected for the hearing, the parties will be notified to appear.

What are the grounds for divorce in New Jersey?

New Jersey law provides several grounds for seeking an obtaining a divorce in the state. Couples who wish to do so may proceed under the ground of irreconcilable differences in which neither allege fault for the marital breakdown against the other. There are also fault grounds under which a person seeking a divorce may instead choose to proceed.

Alimony and spousal support in New Jersey

New Jersey utilizes a system of diverse criteria when determining the necessity for spousal support in divorce cases. The court considers each request for alimony or spousal maintenance on a case-by-case basis, awarding support based on a number of important factors.

Divorce has emotional and physical benefits

Sometimes people get so caught up in the stressful details of divorce that they can’t see the forest for the trees. As if the decision to divorce wasn’t hard enough, when the process actually starts, there is even more to consider. With the help of their lawyer, individuals will have to make decisions regarding property division, possible alimony, and child custody and support, if children are involved. On top of that, they will have to deal with the personal implications of the split, such as difficult discussions with family and friends.

Guidelines regarding retirement at issue in alimony debate

Should New Jersey residents be required to pay alimony after they retire? Should there be more guidelines for judges in deciding if or when a modification of spousal support is in order? And what about situations involving recipients of alimony who benefit financially by living with but not marrying a boyfriend or girlfriend? Should judges have more established guidelines in these situations?

Support Modifications in a Disastrous Economy

Support modification motions have long been regarded as among the most challenging and difficult applications to present to a court. This sentiment is even more appropriate in the current economic climate. While economic indicators appear to forecast improved financial days ahead, there is no way to predict when or if these changes will occur. In the meantime,more and more litigants struggle to find relief from support obligations they can no longer meet.

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