New Jersey couples who have significant assets may be interested in the legal rulings regarding the divorce of one oil billionaire. The rulings categorize some assets as pre-marital, but questions still remain pending a further trial set to begin soon. Billionaire Harold Hamm married his wife Sue Ann in 1988. Hamm is a majority shareholder […]

Normally, New Jersey Courts consider the parties’ earnings during the marriage as a basis for determining a payor spouse’s alimony obligation. Thus, the filing date of the Complaint for Divorce is a significant date as it marks the date signaling the end of the marriage. However, if your spouse begins earning considerably more income in […]

The general rule is that alimony is tax deductible by the payor and includible as income to the payee. One exception to this rule is if you are paid alimony in a lump sum. If you are paid alimony in a lump sum payment, it means that rather than receiving alimony over a period of […]

New Jersey residents who are customers of Citibank can now see how just how much one of the bank’s top executives brings home every year. The attorneys of Peter Orszag, who began with the company in January of 2011, filed court documents on Monday, March 10th in anticipation for his child support hearing set for […]

The Appellate Division was recently asked to resolve a dispute between parties regarding the “reasonable extracurricular activities” of their son who happened to participate in fencing, which could be a very costly endeavor to pursue. Although the parties never married, Defendant father volunteered to pay a significant portion of their son’s upbringing including private school […]

A New Jersey Judge has ruled in groundbreaking case, that Dad (or anyone else for that matter) does not have this right. This is one of the first cases where a dispute between unwed parents regarding a father’s presence in the delivery room has been litigated. In the recent decision entered by New Jersey Superior […]

A proposed law in New Jersey has been introduced which would extend child support payments through age 19 instead of age 18.  While there are many circumstances in which a child remains “unemancipated,” such as continuing his or her education, this would be a drastic change in NJ law for those children who currently become […]

The Affordable Care Act is changing the way some people in New Jersey work through a divorce settlement and negotiate the end of a marriage. For example, during 2013, a couple could jointly earn too much to qualify for ACA credits. However, if the couple divorces the next year, one of them could possibly qualify […]

The nation has been focused on a case in New Jersey involving an eighteen-year-old student, Rachel Canning, seeking support from her parents in the form of her high school tuition and her future college costs. The case has raised substantial issues regarding parents’ responsibility to support their adult children after they move out of their […]

New Jersey residents may be interested in research recently published that points to a significant change in demographics. According to a Pew Research Center study, the number of single parent households rose between 1960 and 2011 by more than 500 percent. This change reflects a significant increase in divorce rates as well as a higher […]