Sure, inheritances during a divorce are exempt from equitable distribution (as long as you follow certain rules such as not commingling said funds with marital monies); however, you probably did not know that they are not entirely exempt when it comes to purposes surrounding your child support and alimony issues. In Penza v. Penza, the…
Our State’s Appellate Division recently held that where divorcing parties regularly saved a portion of their earnings during the marriage, that same should be considered as part of the “marital lifestyle” when determining alimony (support) awards. In Lombardi v. Lombardi, the Court addressed a situation where the parties, despite Husband’s significant income, lived a relatively…
The July 2016 decision of Avelino-Catabran v. Catabran, 445 N.J. Super. 574 (App. Div. 2016) proved to be another precedential decision in the body of New Jersey college contribution cases. Specifically, Avelino-Catabran served to raise the level of consciousness for family law attorneys and clients alike, relative to the clear, plain language of litigant’s matrimonial…
It is well-established that the accumulation of reasonable savings should be included in alimony to protect the supported spouse against the loss of alimony. In short, savings has always been a relevant and appropriate factor to be considered in the establishment of a reasonable alimony award because the amount of support awarded is subject to…