What Is Alimony Insurance & How Is it Beneficial to Your Divorce Case?
It is generally recognized in legal practice that various support obligations, such as alimony and child support, terminate upon the happening of specific circumstances, one of which is the death of the payor. Federal tax regulations also require that payments need to terminate once the payor is deceased. Furthermore, New Jersey statute, N.J.S.A. 2A:34-25 dictates…