One of the more difficult scenarios to deal with during a divorce is when the higher earner who will likely have to pay alimony and child support, loses her/his job
Continue Reading Losing Your Job During a Divorce – A Cautionary Tale About Quitting While You’re Ahead
Palimony Isn’t Alimony – Having a Long Term Relationship Alone Doesn’t Give You a Right to Support
Many people think that palimony is just alimony with a “P” and that the mere existence of a long term unmarried relationship, where the people live together, is enough to
Continue Reading Palimony Isn’t Alimony – Having a Long Term Relationship Alone Doesn’t Give You a Right to Support
Income for Support Purposes Includes Bonuses and Deferred Compensation – Well No Kidding
We see it all of the time. The support (alimony and child support) obligor’s income is made up of multiple components – typically salary, bonus and/or deferred compensation. In cases
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Alimony Formulas: Yet Another Cautionary Tale
Over the years, I have blogged about alimony formulas, “rules of thumb” and similar ways that alimony is settled. I say settled, because in most instances, courts are not allowed
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Coronavirus Creates Estate Planning Opportunities – Divorce Too?
Over the last several weeks, via emails, attending webinars and otherwise, I have frequently heard that the coronavirus may create significant estate planning opportunities. In fact, while writing this post,
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Two Months of Overnights May Not Definitively Mean Cohabitation, But It Should At Least Get You Discovery
As we have said before, the 2014 amendments to the alimony statute allegedly made it easier to terminate alimony if the recipient of the alimony was cohabiting. The statute now
Continue Reading Two Months of Overnights May Not Definitively Mean Cohabitation, But It Should At Least Get You Discovery
Appellate Division Gives Guidance Regarding Life Insurance to Secure Alimony
Yesterday, I blogged on the S.W. v. G.M. case in a post entitled More from the Appellate Division on Lifestyle, Foulas and the Concept of Income Equalization. In that blog,
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More From the Appellate Division on Lifestyle, Formulas and the Concept of Income Equalization
A few weeks ago, I authored a post on this blog entitled Debunking the Myth That the Percentage Used in the So-Called “Alimony Rule of Thumb” Should Go Down as
Continue Reading More From the Appellate Division on Lifestyle, Formulas and the Concept of Income Equalization
Debunking the Myth That Percentage Used in the So-Called “Alimony Rule of Thumb” Should Go Down as the Payer’s Income Goes Up
It has been said over and over again that there are no formula’s to determine alimony. As I have blogged in the past, other than one legal malpractice referencing
Continue Reading Debunking the Myth That Percentage Used in the So-Called “Alimony Rule of Thumb” Should Go Down as the Payer’s Income Goes Up
Does the Marital Lifestyle Matter When it Comes to Enforcing a Pre-nuptial Agreement?
A recent unpublished (non-precedential) decision, Steffens v. Steffens, suggests that the answer to the above question is “no.”
In Steffens, the Wife sought to set aside a prenuptial agreement,
Continue Reading Does the Marital Lifestyle Matter When it Comes to Enforcing a Pre-nuptial Agreement?