Posts Tagged ‘alimony’
How the New Tax Law Will Affect Alimony
An important change is coming in divorce law as a result of the new tax act. Alimony payments have been deductible to the payor and taxable to the payee for the past 75 years. As a result of the new tax act, alimony will no longer be deductible by the payor or taxable to the…
Read MoreBrand New NJ Alimony Reform Case Law
Hot off the presses! Application of the new alimony statute modification provision based on retirement was tested in the Superior Court of New Jersey, Appellate Division case, Landers v. Landers, Docket Number A-3931-14T3, which was approved for publication on February 22, 2016. In Landers the court clarifies the standard for retirement based alimony termination or…
Read MoreNew Jersey’s New Alimony Law
New Jersey’s alimony law, N.J.S.A. 2A:34-23 was revised on September 10, 2014. Some of the changes in New Jersey’s controversial alimony law clarify durational limits and provide factors for modification and termination of alimony. Probably the most significant change in the New Jersey Alimony Statute is that the term “permanent” alimony has been replaced with…
Read MorePermanent Alimony Reform
Currently New Jersey still provides for permanent alimony under certain circumstances including long term marriage and/or a significant discrepancy in earning capacity between the parties. According to a recent article by Elizabeth Benedict in the Huff Post, times they are a changing. A grassroots movement in Massachusetts begun by an individual, Stephen Hitner, brought the…
Read MoreTop 10 Divorce Rulings
Family law varies from state to state, however, historically the US Supreme Court and other high level courts have handed down some pivotal divorce rulings. The following is the very interesting Huff Post list of top 10 divorce cases. Diemer v. Diemer, 1960, established that “refusal to have sex with one’s spouse constitutes abandonment of…
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