Child Support
Do Supplemental Security Income or Social Security Disability Payments Affect NJ Child Support Obligations?
New Jersey law requires both divorcing parents to provide financial support to children. This may be calculated under the New Jersey Child Support Guidelines (CSG). Child support obligations for most middle-income couples are generally based on the income of each party, the alimony one party may pay to the other, and the amount of overnights…
Read MoreDivorce, College Savings, and FAFSA . . . Here’s What You Need to Know!
It can be exciting and a little scary when your first child enters college. One of the scariest parts is paying for it. To help save money for those five-figure bills, you should establish a federally permitted 529 plan. If you want to try to get some financial help to pay for college you’ll also…
Read MoreLike an Unresolved Family Law Dispute, a Gifted Child Can Be Expensive
Is your child talented above and beyond his or her peers? Is s/he musically gifted, an exceptional athlete, or a whizbang student able to learn things much earlier than classmates? These are all great things and most parents want their children to take full advantage of their superior skills or abilities. But music lessons, away…
Read More“What if Parents Agree that Child Support Shall Not Be Paid?”
When married couples negotiating a divorce or unmarried parents decide to go their separate ways, some may be tempted to put child support on hold. In New Jersey, there’s very limited legal room to do so. Why? Because New Jersey law considers child support the child’s right, not the parent’s. The amount and duration of…
Read More“If I go Into Bankruptcy, Will I Still Need to Pay Alimony and Child Support?”
Bankruptcy won’t eliminate your obligation to pay alimony or child support. Many see bankruptcy as a way to free themselves from any and all debts and start their financial life all over again, but that’s not always the case. The federal Bankruptcy Code includes a number of exceptions to the general rule of debt discharge.…
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