Children are a great source of joy and pride to their families. There are few joys in life like helping your child to grow and thrive. Together with expanding your family, however, comes often significant expenses. Any child support attorney will tell you that the amount of child support ordered at the conclusion of a…
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Overtime, Pensions, and Trust Distributions - Extra Income and Child Support
Any parent can tell you that raising children can get very expensive. In addition to the basic needs of food, shelter, and clothing, there are also fees associated with extracurricular activities, toys, and college tuition, just to name a few. When you and the other parent reside together and shoulder the cost and responsibility together,…
Read More »Gifted Children and Child Support
Raising children is a rewarding endeavor, but any parent can tell you that it is also expensive. When the parents live together, they combine resources to help make sure that the child’s needs are met. After a divorce or separation, the court will enter an order for child support. In New Jersey, there is a…
Read More »College and Child Support
Any parent can tell you that raising children can be very expensive. As a result, child support often becomes the crux of family law cases. Parents spend a lot of time trying to figure out and settle on the correct number for child support. This is true even though New Jersey uses a specific calculation…
Read More »What Happens to Your Child Support if You or Your Spouse Move to a Different State?
We live in mobile society where individuals often move across state lines for many reasons. One may relocate to pursue a degree, find a new job, or be closer to family. Considering the commonality of this experience, you may be wondering if relocating makes a difference for your child support order. Answer: States across the…
Read More »Divorce and Taxes
Divorcing your spouse is a stressful event and can be complicated. There are a multitude of important decisions to be made, many of which deal with your finances. When thinking of divorce and finances, most people immediately think of spousal support, child support, and debt division. One aspect that some overlook, however, is the impact…
Read More »Expectation of Parental Income
Parents have the obligation to provide support for their children. To that end, during a custody case, a court will make an order of child support. Unlike spousal support, child support is based on a very specific formula. The formula uses both parents’ income to calculate support, not just the income of the parent paying…
Read More »Do You Get to Keep Your Inheritance in a Divorce?
Under New Jersey law, inherited assets are exempt from equitable distribution and remain the separate property of the spouse that inherited the property. This means that they cannot be distributed to the other spouse in the event of a divorce. However, there are exceptions to this general rule. If you have a particular question about…
Read More »Child Support Arrearages
Any parent can tell you that children absorb a lot of resources, including financial resources. Raising children is expensive, and adding up food, lodging, clothing, daycare expenses, medical care, and the myriad of other costs associated with bringing up a child can reach into thousands of dollars a month. New Jersey law recognizes that both…
Read More »College Expenses After Divorce
Parents spend a lot of time helping their children plan for their future, and taking the steps necessary to achieve their goals and dreams. For many children, this will include a college education. College is expensive, even when children choose to attend an in-state school. Tuition, housing, books, lab fees, and other costs can easily…
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