Morristown Alimony Lawyers
Effective & Affordable Alimony Attorneys in New Jersey
Alimony is a financial obligation that one spouse must pay to the other after a divorce. While the laws governing alimony in New Jersey are quite complex, you do not have to face the legal and financial obligations of alimony alone. At Eveland & Foster, LLC., our alimony lawyers in Morristown are committed to helping you understand your alimony options and helping you obtain the best possible outcome in your case.
How Is Alimony Calculated in New Jersey?
In New Jersey, alimony is determined after a couple files for divorce. In most cases, the court will look at several factors when determining alimony.
Some of these include:
- The standard of living during the marriage.
- Each spouse's financial situation.
- How much each spouse contributed to the marriage.
- How much each spouse earned during the marriage.
- How long the couple was married.
- The age of each spouse.
- The physical and mental health of each spouse.
Is Alimony Tax Deductible?
There are two types of alimony: permanent alimony and transitional alimony. Permanent alimony is paid for the lifetime of the spouse who is receiving alimony. Transitional alimony is paid for a limited time and is usually paid to help the spouse transition from married life to single life. Both types of alimony are tax deductible for the spouse who pays alimony and are taxed as income for the spouse who receives alimony.
Schedule your initial consultation by calling us at (973) 841-8856 or filling out our online form.