By Bonnie C. Frost, Esq. Many parents are unable to save for college and rely on aid, scholarships, grants and loans (student and parent) to pay for their child’s education. It is a daunting expense as every year the cost of college goes up even though there has been little or no inflation or increase in wages for several years. As a result of the published case of Ricci v. Ricci, my...
By: Charles A. Matison, Esq. The Tax Cuts and Jobs Act of 2017 has changed the deductibility of Alimony and Separate Maintenance payments.  For any Divorce or Separation Agreement executed after December 31, 2018 or executed before that date but modified after it (if the modification expressly provides that the new amendments apply), Alimony and Separate Maintenance payment are not...
By: Charles F. Vuotto Legislation has been proposed by Assemblyman Erik Peterson (R),  Assemblywoman Annette Chaparro (D), Assemblyman John DiMaio (R)  and Assemblywoman Angela V. McKnight (D)which would establish a presumption of joint legal and physical custody in child custody matters. Senate Bill No. 3479 (accompany Assembly Bill is A5189) provides proposed...
By: Jeralyn L. Lawrence, Esq.             The factors that must be considered by the court for purposes of determining equitable distribution of assets and debts acquired during marriage are identified in N.J.S.A. 2A:34-23.1. Items included for purposes of equitable distribution include, but are not limited to, marital properties, vehicles,...
by Madeline Marzano-Lesnevich, Esq. On December 15, 2017, congressional Republicans released the final version of their tax overhaul plan, formally known as the Tax Cuts and Jobs Bill of 2017 (“the bill”).  The bill would ultimately end the income tax deduction for individuals who pay alimony and make alimony tax-free to the recipient for divorce decrees executed after December...