You and your former spouse may have made an alimony agreement as part of your divorce. Yet, you might feel these monthly payments have become burdensome to make. Parting with a large portion of your monthly income can be financially devastating. If you need to modify...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Jun 19, 2020 | Alimony
You and your spouse have been married for around 10 years. During that time, a lot has changed. You supported them as they improved their career and went back to school. You focused on building a family, and you raised your children at home with you as your partner...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | May 30, 2020 | Alimony
It’s not uncommon that in the months and years after a divorce, some modifications are eventually needed. That’s especially true if there are children involved. Even in divorces without children, if your ex suddenly loses their job or faces some other financial...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Mar 10, 2020 | Alimony
Alimony, also known as spousal maintenance or spousal support, can become one of the most contested issues in a divorce. The spouse with less earning potential may desperately want alimony to protect their standard of living, while the spouse with higher earning...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | May 15, 2019 | Alimony
Some say that numbers don't lie. Yet, there are times when the numbers just don't seem to add up and something just doesn't appear to be right. When it come to determining the amount of alimony that a New Jersey spouse will be responsible for paying, it may be...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Jan 24, 2019 | Alimony
For New Jersey seniors who are considering divorce, understanding the financial issues involved in the process is important. Dividing marital wealth is complicated, and when both spouses are at or beyond retirement age, those calculations become even more...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Nov 1, 2018 | Alimony
New Jersey spouses who are considering divorce may want to think carefully about the role that spousal support will play in their future budgets. That's especially true now that the tax deduction for alimony will no longer be in effect after the end of 2018....
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Oct 18, 2018 | Alimony
Most New Jersey residents are aware that 2019 will bring new changes in the way that spousal support is handled during a divorce. Once this year comes to a close, the party tasked with making alimony payments will no longer be able to claim those expenses as...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Oct 4, 2018 | Alimony
Charting out one's anticipated income and expenses is a critical part of a New Jersey divorce. For spouses who expect to receive alimony or child support, it's critical to understand that those payments might not begin coming in as quickly as anticipated. In...
On behalf of The Law Office of Jennifer J. McCaskill, LLC | Sep 20, 2018 | Alimony
As they near the end of a lengthy marriage, many New Jersey residents focus on negotiating spousal support. While alimony may be an important part of addressing financial needs after a divorce, older spouses may want to think about other options when it comes to...
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