The New Jersey Appellate Division just published what will likely be a seminal case on military divorce law in this State. The case dealt with a veteran who was collecting his military pension and then waived his entire pension to collect tax-free VA disability benefits. The spouse, who was supposed to collect part of theRead more
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April 15th has been tax day since 1955 and for almost as many decades, divorced couples with alimony obligations have had the same tax situation – those paying could deduct payments dollar for dollar and those collecting would claim it as income. But for the first time ever, those rules have changed this tax season,Read more
Earlier today, Amazon Founder, Jeff Bezos, and his Wife, MacKenzie, issued a joint statement of their intent to divorce each other after 25 years of marriage. The most recent estimate is that Bezos’ net worth is somewhere around $137 billion dollars, give or take a few billion depending on the market. The million (well billion)Read more
It comes as no surprise that separating or divorcing couples often fight over finances, especially debt. Heck, happily married couples often fight over their finances. What a lot of people do not realize is that they may be responsible for their spouse’s debt in the event of a divorce. If you share the same household,Read more
Did your Ex offer to buy your 10 year old a cell phone for Christmas? Or perhaps he bought the cell phone already and your 10 year old son comes home and is bursting at the seams with excitement over his new cell phone that Dad bought him. You try to not let the surpriseRead more
HADDONFIELD, NJ – Robert Adinolfi, Esq. is pleased to announce that effective immediately South Jersey’s award-winning law firm will now be known as Adinolfi, Molotsky, Burick & Falkenstein, P.A. Mr. Adinolfi is proud to elevate Drew Molotsky, Julie Burick and Kevin Falkenstein to shareholders status and to add their names to the firm’s practice. Mr.Read more
Holidays can be very stressful—there seems like an endless list of tasks to complete, gifts to buy, gifts to wrap, parties to host, parties to attend, goodies to bake, cards to address and send all to make the holidays, whatever you may celebrate, the BEST TIME OF THE YEAR!!Read more
Mediation is often a much cheaper alternative than traditional litigation through the court system. Disputes can usually be resolved in less time as well. The mediation process gives you control over the outcome of your dispute—mediators will help you communicate in different ways than you have. Here are five questions to determine if mediation might be right for you:Read more
The holidays are upon us and it’s time to talk about holiday sharing between parents. The holidays are a special time of family traditions, good cheer, yummy foods and generosity of spirit. Does the same extend to sharing the holidays with children in no longer together families? Not always.Read more
Often when someone mentions a prenuptial agreement, the assumption is the parties’ must have significant assets. The reality is that prenuptial agreements are not just for the super wealthy. Over the last few years, I have seen a significant increase in the number of clients getting prenuptial agreements as the issues have become much lessRead more