Typically, child support is determined in conjunction with the end of the parents’ relationship. A mathematical formula under the New Jersey Child Support Guidelines is used to calculate the amount of the support obligation, taking into account such factors as each parent’s income, the basic cost related to raising the…
Parents’ financial obligations to their children don’t end simply because they separate. Child support is designed to ensure the essential expenses—food, clothing, housing, transportation—of raising children continue to be met. Additional expenses, like health insurance premiums, extraordinary medical care, and work-related childcare, may also be included, if needed. Determining each…
Some of the biggest hurdles facing a divorcing couple, other than child custody issues, involve money matters. These fights can prove costly, both financially and emotionally. Long, drawn-out arguments over the distribution of assets or the terms of support obligations can extend proceedings and increase the overall cost of your…
Some people find social media a great way to keep up to date with friends and family; others use it to vent their anger and frustrations. The immediacy of social media can be cathartic to some extent, but it can have its consequences especially when you are going through a…
Whether negotiating a divorce settlement in your lawyer’s office or going through divorce proceedings in court, arriving at a fair financial arrangement can be difficult. That’s largely because there are so many variables to consider when putting a value on what each spouse contributed to the marriage, which can lead…
When parents are seeking a divorce, some of the biggest issues they will need to resolve involve their children, specifically custody arrangements and child support. On the most basic level, child support is intended to cover the essential, daily needs of the children: food, clothing, and shelter. But support payments…
The government-issued stimulus checks were intended to help those eligible address some of the financial challenges brought on by the pandemic, but for divorced parents who share custody of their children and pay or receive child support, these payments have proven a major source of confusion in some cases. Criteria…
If you filed for divorce immediately prior to or during this time of COVID-19, chances are good that your case is experiencing delays. The restrictions imposed to help stop the spread of this virus have caused the closure of a number of businesses, government agencies and many courts to all…
Spousal support, or alimony, is intended to make sure one spouse – usually the non-working or lower-earning spouse – is not unfairly impacted financially as a result of divorce. Although it is an important part of the divorce terms, spousal support generally is not decided until late in the divorce…
Divorce may end your relationship with your spouse, but it does not end your role as a parent, and with that role comes the obligation to support your children in all ways — physically, emotionally and financially. Depending on the type of custodial agreement you and your ex agree on…