Now that alimony is no longer tax deductible for those who pay it, many divorcing spouses who are looking at a future of paying substantial amounts to their exes are seeking ways to make their obligations less financially painful. One option that some people are choosing is an alimony trust.
A spouse can place money, property, business equity and other assets into an alimony trust. The income generated from those assets is then used to pay the support that is due.
If your morning commute involves congested freeways and reckless drivers, you may want to review your auto insurance coverage. A basic policy, might save you money in the short term, but leave you with stuck with medical bills you can’t afford to pay.
That was the takeaway from a recent New Jersey Supreme Court ruling. Justices voted 3-2 to block victims of auto accidents from presenting evidence of medical expenses beyond their policies’ personal injury protection (PIP) limits.
These days, many divorces are settled outside of a courtroom. There are a number of options for reaching agreements on property division, support and child custody that don't involve presenting your case in court to a judge. These options can save couples time, money and added conflict.
Two popular options are arbitration and mediation. Sometimes, they're lumped together under the umbrella of "alternative dispute resolution," but they're very different processes. Let's take a quick look at both.
Many Americans move to assisted living communities when they get older and caring for themselves and their home becomes challenging. However, many more prefer to remain in their homes and hire a personal care provider to assist them.
Home health care agencies have flourished with this growing market for in-home care. In 2016, about two million people were employed as personal care attendants in this country. That number is expected to continue to grow.
The vast network of trucking companies in the United States delivers essential cargo nationwide. They are responsible for shipping food to our grocery stores and gasoline to our gas stations.
However, a truck's cargo can also contribute to the dangers of trucking accidents. Here are some of the common causes of these accidents and the increased hazards they involve.
Trips and falls are common accidents that people suffer every day. Hazardous conditions on someone else's property are some of the most common causes of these accidents. Unsafe conditions could be anywhere, including a residential apartment, governmental facility or retail store.
Despite how common slip-and-fall incidents are, it can be difficult for injured individuals to prove that they fell because of unsafe property conditions. Here are three pieces of evidence that are always essential in a premises liability claim.
Going through a divorce is never an easy emotional experience. There are inevitable bumps in the road of memories that are going to trigger regret, sadness, anger, sentiment and much more. The grieving process is real, just as it is in death. Although you may have to go through a long healing process, your divorce is entirely separate.
You do not have to have a long and difficult divorce. Ask yourself: "Is this worth my mental health?". The egos and the vindictive behavior usually take center stage during the legal process. However, nobody is forced to play the game of an ugly divorce. You have options and the ability to exit gracefully from this painful chapter in your life.
Choosing mediation to settle the terms of your divorce is often a good alternative to settling your divorce with litigation and a trial. A mediator is a neutral party and a facilitator, one who will work collaboratively with both parties to come to a mutual agreement in the terms of a divorce.
During this process, the mediator will prepare a Memorandum of Understanding and present this to both sides. This agreement can then be incorporated into a Formal Marital Settlement Agreement.
Going through a divorce when you have children can be a particularly challenging experience. Not only may you be dealing with your own emotional stress, but also that of your young ones who may not be ready for their parents to part ways.
Despite the difficulty, your children deserve to know what's going on, and, fortunately, there are helpful tips you can keep in mind to ensure that you deliver the news as gently as possible. Consider the following suggestions when planning your conversation with your kids:
Many couples make the divorce process far more expensive than it needs to be. If you're involved in a high-conflict litigated divorce in which you're contacting your attorney daily on every matter, large and small, you can expect hefty bills. Some people assume their estranged spouse will be ordered to pay the legal bills. That can be an expensive assumption.
Of course, you should seek experienced legal guidance when divorcing. However, if you and your spouse can work out your agreements with the assistance of your attorneys via a collaborative divorce, mediation, arbitration or alternative dispute resolution, you can minimize the cost. Perhaps more importantly, it's easier to emerge from the process with an amicable relationship. That's particularly important if you're going to be co-parenting.
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Morristown,
NJ
07960
Phone:
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Phone:
973-975-4043
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