Everyone knows the horror story of someone who was ordered to pay what was considered unfair alimony. ...more
The modification process is a bit more streamlined than the divorce process, mainly because there is a lot less discovery. Since the property division portion of a divorce agreement or judgement is not modifiable, issues of...more
I hope you all are enjoying this gorgeous weather, I love it! We have been very busy here since March with a number of modification cases, as the new Alimony Law allowed for a large group of payors to file for modification...more
From a historical standpoint, women have been the stay-at-home moms; the underemployed or unemployed spouse in a marriage; and the lesser paid sex in the workforce (the latter is still largely true). These realities – the...more
A couple going through a divorce action should understand whether a support payment, not specifically allocated as child support or alimony, is a taxable event where the payor may deduct it and the payee report it as income...more
Many couples hesitate to end their marriage for a variety of reasons – most of which are financial. So it may come as a surprise to couples who have reached the conclusion that it is time to end their marriage that they may...more
Most everyone is aware that the United States Supreme Court heard two historic cases this week focused on same-sex marriage. One involves California’s Proposition 8 banning same-sex marriages (which was then rendered...more
Alimony is governed by N.J.S.A. 2A34:23-b. In New Jersey, there are four categories of alimony to consider: (1) Limited Duration Alimony, (2) Reimbursement Alimony, (3) Rehabilitative Alimony, and (4) Permanent Alimony....more
Divorce can be an extremely emotional experience, fraught with sadness, anger and even a sense of helplessness. These feelings are exacerbated for someone who has been the victim of domestic violence. If you are the victim...more
Assembly Bill Number 3909 was introduced on March 7, 2013 seeking to overhaul the State’s long established alimony laws. Among other things, the proposed bill eliminates permanent alimony entirely. ...more
On June 31, 2012, Prince William turned 30 and came into a $15.5 million inheritance from his late mother, Princess Diana’s, estate. Although that kind of inheritance doesn’t happen every day, many people do inherit...more
On February 6, 2013, John and Ann Betar celebrated their 80th wedding anniversary, a milestone earning them the title of “longest married couple” in the United States by Worldwide Marriage Encounter, a Christian marriage...more
In New York, alimony is also referred to as spousal support or spousal maintenance. Because spouses have a duty to take care of each other, even after a divorce, sometimes one party is ordered by the court to pay a specific...more
Although each state may determine its own bankruptcy exemptions, federal law governs the overall structure and purpose of bankruptcy law. In general, all 50 states must follow the same rule for child support and alimony...more
Although the media focuses on their big spending, divorce and poor retirement planning are among the top reasons why most pro athletes go broke within 10 years of retirement. Retirement planning can be challenging for most,...more
Bankruptcy may be a "fresh start" but it may not leave the debtor completely debt free. Certain types of debts survive Chapter 13 bankruptcy and are not discharged....more
Divorce is supposed to be an exit from a lifetime commitment, but for too many Floridians, divorce itself becomes a lifetime commitment through permanent alimony payments. And, in fact, permanent alimony is only one of six...more
In August 2012, Tiger Woods and Elin Nordegen finalized their divorce here in Florida. With their settlement terms undisclosed, the world is speculating as to what will happen with the young billionaire’s assets, including...more
After the close of another year, income taxes of course come to mind. While it’s clear we have to pay tax on income, there are plenty of provisions in the tax code that require federal taxes to be paid on things you may not...more
Well, depending on what county your case is venued in, it depends. Recently in Foley v. Foley, the defendant, ex-husband, filed an appeal from an Order from the Family Court that denied his motion to reduce his alimony...more
In a recent State Farm Insurance commercial, a young woman says to a young gentleman, “You can’t put anything on the Internet that is not true.” He asks her where she heard that, and in unison, they exclaim, “the Internet!” ...more
Pretty much everyone in Knoxville is familiar with the University of Tennessee’s former basketball coach Bruce Pearl’s ex-wife opening up a nail salon called “Alimonys” after their divorce. And rightly so, because when a...more
Each new year brings us new laws, and this year is no different. Some years there are more significant law changes than in others, but regardless of the significance or insignificance, each and every person is responsible...more
While you are going through a divorce in New York, temporary maintenance may be awarded to ensure that a lower earning spouse has an adequate standard of living during the time it takes to finalize the dissolution of the...more
Despite efforts to reform Florida alimony laws, permanent alimony is still on the books. However, most family court judges only award this type of spousal support in rare cases when the determining factors merit it and other...more
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