The new year ushered in big changes in the federal tax law – one that now impact alimony payments. While the change directly affects how alimony is treated, it is expected to indirectly influence the way other settlement and divorce divisions are implemented as well. Tax burden shifts under new tax law Historically, the party paying alimony (the higher-earning spouse, …
4 Lessons for Dating After Divorce
After the emotional roller coaster of a divorce, settling into a new normal can come as a relief. Starting to date again may be a key step that helps you move forward. However, there are plenty of things you can do when you start dating after divorce that can torpedo the experience. Here are some hard-learned lessons from others who …
What Questions Should I Ask a Divorce Attorney?
A divorce can be a long road; you and your attorney will be working together for the length of the proceeding, anywhere from six weeks to a year, and possibly after that if the order needs enforcement action. Having a good rapport with your attorney ensures you will communicate effectively, easing the process and helping to ensure you are working …
Why Prenuptial Agreements Drafted Prior to 2019 Are in Jeopardy
New York & New Jersey divorce lawyer Paul Goldhamer, Esq. is a co-founding partner at the law firm of Kantrowitz, Goldhamer & Graifman. When not practicing matrimonial and estate law in NY & NJ, Mr. Goldhamer packs a busy schedule with charitable efforts, lecturing, TV & radio appearances and more. Paul was named a “Super Lawyer” by Superlawyers.com in 2014. From Paul Goldhamer, Esq.: …
Timeframe for Divorce: How Long Does It Take?
Deciding to initiate the divorce process is a major step, regardless if you and your soon-to-be ex are on good terms or not. While most couples facing the end of a marriage want to move on with their lives as swiftly as possible, there are several factors that will determine the length of a divorce proceeding, such as where you …
New Jersey Divorce Rates Among Nation’s Lowest
Divorce is an unfortunate fact of 21st century American life. Over the past 60 years, divorce rates skyrocketed in the United States, and research indicates that nearly 50 percent of all marriages today end in permanent separation or divorce. A recent report compiled by 24/7 Wall St shows that some states are better than others when it comes to long-lasting …
How Your Marriage Can Survive the “Frustrated Forties”
It’s no secret that divorce rates have increased throughout recent decades. For many couples in early middle age, the 40s are particularly tumultuous. Divorce rates among couples in their early 20s are negligible, and among the 25 to 29 age group, the rate stays under 10%. By the time a couple reaches the 40s, divorce rates increase sharply, from about …
6 Things Most People Don’t Know About Divorce
In a perfect world, married couples would grow old together and live out their days happily. In reality, nearly 50 percent of all marriages in the U.S. end in divorce. The break-up of a marriage is never easy. It’s one of those things in life you think will never happen to you, and until you go through the process, it’s …
Why Baby Boomers Divorce: What the Research Says
Overall, the American divorce rate is declining – except for older adults. According to the National Center for Family & Marriage Research, between 1990 and 2014, the divorce rate among adults over age 50 doubled, while the rate among adults over 65 tripled. Another curiosity is that among younger Americans, those with college degrees are significantly less likely to divorce …
Who is More Likely to File for Divorce – Men or Women?
American marriages have evolved in many ways over the years – economic structures changed as women joined the workforce, the rate of divorce has risen, and the demographics of those getting married has changed. But one thing has remained consistent – women are much more likely than men to file for divorce. According to studies from 2000 and 2016, women …