When parties separate in anticipation of divorce, there are several key financial considerations that must be addressed at the outset. Who’s staying in the residence? Who’s paying support to whom, what, if anything, do we do...more
One of the universal themes in divorce matters is that the court is supposed to try to maintain the status quo while the case is pending. In many cases where there is barely enough money to go around to support an intact...more
We have been reading recently about a new life phenomenon called “quiet quitting.” Essentially the concept is that one or both spouses are done with the relationship but neither has the energy or the resources to move on...more
While it is standard practice that an asset will be valued and divided in a divorce, what happens when the same asset that was divided between spouses is also used to generate income for support? In such divorce cases, a...more
In divorce proceedings, both parties are obligated to transparently disclose their assets, debts, and income. Although the law mandates truthful reporting of earnings to the court, some individuals choose to deceive by...more
While many of us were struggling to keep recent New Year’s resolutions going, new laws went into effect on January 26, 2024 that altered the landscape of divorce in the District of Columbia....more
Since not many of us live in the private aircraft world we will keep this blog mercifully short. The Wall Street Journal on Friday April 12 reported on an audit of Boeing’s deployment of their fleet of executive aircraft....more
OnlyFans… it’s not just for following your favorite professional athlete, musician, chef, or artist, which, if you are unfamiliar with the site, you may think that’s what it’s for. However, by and large, OnlyFans has a...more
It has long been disputed whether alimony paid from one spouse to another should allow the recipient to save for a rainy day. The Supreme Judicial Court of Massachusetts weighed in on that issue for the first time on March 7,...more
My colleague Jessica Kitain wrote last month (2/14) about the basics of what goes into a premarital/prenuptial agreement. Today we fielded an inquiry about some of the stickier questions that often go unnoticed yet merit some...more
A prenuptial agreement, or “prenup”, is a contract or agreement between prospective spouses made in contemplation and advance of marriage. A common misconception is that prenups are only needed if you are a celebrity or have...more
Most parties going through a divorce or family law matter understand what a trial encompasses. A trial in a divorce or family law matter is a contested hearing. At the contested hearing, witnesses are called, and evidence is...more
Most understand that a court enters a judgment after a contested divorce or family law matter results in a trial. In the judgment, the court enters a ruling in terms of the result of the case. The case outcome binds the...more
Business records can be vital to divorce or family law matters. Business records can become important in various ways. Business records could comprise of many types: employment, medical, school, investment, retirement,...more
In the State of New Jersey, a dependent spouse who primarily relied upon the other spouse’s income to maintain the marital standard of living may be entitled to alimony as a part of an overall resolution of their divorce...more
In Iowa, child and spousal support (alimony) amounts are mainly determined by each party’s income. But income is not the whole story. Parties may deduct certain qualified expenses, resulting in a lower income amount used in...more
Under Iowa law, alimony, also known as spousal support, refers to the financial help provided by one spouse to the other following a divorce or separation. It addresses the economic disparity that can arise when one spouse...more
Divorce is already synonymous with significant changes in one’s life. Adding the loss of your job to that list can compound the pressure and intensify an already stressful situation. ...more
We have recently encountered an issue where one former spouse is pursuing a reduction in alimony based upon a significant reduction in commissioned income. In exploring this issue, there is not a great deal of appellate...more
The definition of “income” for purposes of paying spousal or child support would seem to have been resolved decades ago. In 1985 when Pennsylvania passed its statute defining “income” it adopted a definition that essentially...more
In Pennsylvania, a financially dependent party may receive spousal support, alimony pendente lite, and/or alimony from their current or former spouse. While these terms are often conflated, the awards each have a unique...more
Alimony, also known as spousal support, is a court-ordered payment that one spouse makes to the other after a divorce or separation. In North Carolina, alimony may be awarded to a dependent spouse (i.e., a spouse who is...more
Many divorced clients ask if they can stop making alimony payments if they suspect their former spouse is cohabiting. The answer, simply, is it depends....more
Anytime a person is considering filing for a divorce, it is an important decision. There are families, finances and emotions involved in the process. Even when a divorce has been filed, the filing party can request a...more
The Massachusetts alimony statute provides that when alimony is set, the court shall exclude from the calculation gross income, which the court has already considered for setting a child support order. Effectively, this has...more