Temporary Alimony in New Jersey

Temporary Alimony in New Jersey

The primary purpose of a temporary alimony award is to enable a supported spouse to maintain the same standard of living they had during the marriage.  The premise behind temporary support is that spouses should not have to experience a dramatic change in financial circumstances just because the marriage ended. A judge may award temporary…

How the New Tax Law Affects Alimony Payments in NJ

The Tax Cuts and Jobs Act passed in late 2017 and signed into law by President Trump stipulates that for all divorce agreements entered into after Dec. 31, 2018, an ex-spouse paying alimony will no longer be able to deduct it from his or her federal income taxes. The ex-spouse who receives alimony will potentially…