By Tanya Helfand | Published December 1, 2020 | Posted in Alimony, Divorce | Tagged Tags: Alimony, alimony awards, Divorce, statutory factors for determining alimony | Comments Off on Some of the nuances of alimony awards
Some of the nuances of alimony awards
One of the most important aspects of a divorce is determining alimony. Not every divorce case includes an alimony component. If there is a significant difference in the parties’ earnings during the marriage then alimony will typically be awarded. Alimony is specifically for the benefit of the spouse. It is separate from child support. Pursuant Read More
Read MoreCase information statements AKA the financial snapshot
In New Jersey, after the complaint for divorce and answering pleadings are filed with the family court, both parties must prepare a “case information statement.” The case information statement, or CIS, is a detailed snapshot of the financials of your case. The required information includes your income, your spouse’s/partner’s income, a budget of your joint Read More
Read MoreHELFAND & ASSOCIATES: DIVORCE ATTORNEYS – COMPLEX MARITAL ASSETS AND BUSINESSES
Restricted Stock Units/Stock Options Employee Benefits which may be marital assets subject to Equitable Distribution in Divorce: An employer may provide Restricted Stock Units and Stock Options as a way to reward employees with a share in the success of the business. Restricted Stock Units (RSU’s) are subject to a vesting schedule based upon employment Read More
Read MoreHOW TO PICK A LAWYER FOR DIVORCE WITH BUSINESSLIKE, HONEST, COMPASSIONATE LEGAL REPRESENTATION
Custody and Parenting time When people select a lawyer to represent them in their divorce, it is important they first identify what makes sense for the kids and what they will need financially when they are no longer married. In contemplating the divorce, the children should be a priority in determining custody and parenting time, Read More
Read MoreCOLLEGE COSTS AND THE ALIENATION/RELATIONSHIP OF THE CHILD WITH THE PAYING PARENT
If parents cannot agree on various factors involving their children they eventually may make applications to the court for decisions in highly personal and sensitive disputes. The courts in New Jersey are required to address specific factors identified in Statutes and Case Law in making decisions concerning Parenting Time, child support, college contribution and myriad Read More
Read MoreHow Are Divorce Proceedings Being Affected by the COVID-19 Quarantine?
Throughout the United States, the COVID-19 pandemic has changed our daily routine in ways that none of us could have ever imagined. Like everyone else, spouses who are already experiencing the turmoil associated with divorce have been forced to deal with additional challenges. Despite the obstacles, it is important to maintain control over what you Read More
Read MoreDealing with Changes to Custody and Visitation Arrangements Caused by COVID-19
Divorced parents are accustomed to raising children amidst changing circumstances, but the COVID-19 pandemic has introduced challenges that many of us have never seen before. Stay at home orders have imposed strict limits on the way we live and complicated many custody and visitation arrangements. We cannot be sure when daily life will more closely Read More
Read MoreHow the COVID-19 Pandemic Affects Your Pending Bankruptcy Proceeding
Every part of the country has been affected by the coronavirus. Like restaurants, arenas and other locations where people assemble for business or pleasure, most courts have been closed. If you are in the midst of a bankruptcy proceeding, your case might be delayed, handled telephonically or be otherwise disrupted due to the pandemic. Furthermore, Read More
Read MoreHow a Coronavirus-related Income Loss Could Affect Your Alimony and Child Support
Many people have faced a job loss or reduction in income due the coronavirus pandemic. In such a case it might be difficult for an ex-spouse paying alimony or a parent sending child support to keep up with their obligation. As these orders are based on the financial circumstances that existed at the time they Read More
Read MoreWill the U.S. See its Divorce Rate Spike After the COVID-19 Quarantine Ends?
With so many American residents stuck at home with their families, prognosticators have predicted that several months down the road, the country could experience a baby boom and a divorce deluge. Unlike a cozy blizzard that keeps you home from work for a few days, a global pandemic that triggers shelter-in-place orders spreading over multiple Read More
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