In the realm of family law, Sheridan v. Sheridan stands out as a pivotal New Jersey case that has shaped the landscape of alimony and support obligations. Decided in 2011, this case involved the ex-wife’s appeal for increased alimony payments from her former husband, highlighting important legal principles regarding the modification of spousal support. MostRead more
As if the COVID-19 crisis has not done enough damage, extra stress and too much forced togetherness may be causing some married couples to call in the divorce lawyers. Here is what happens tax-wise to a divorcing couple’s marital home or principal residence, which may be one of their biggest assets. Home sales often occur duringRead more
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
