What is Imputed Income in a Divorce?

What is Imputed Income in a Divorce?

In divorce, one of the most critical calculations has to do with money and preserving the financial stability of both parties. However, what happens when you or your ex is unemployed or not earning enough money? In such a situation, New Jersey Courts may decide to impute income that is based on earning capacity to…

What Happens if One Spouse has Substantial Debts or Liabilities in a High-Income Divorce in New Jersey?

In New Jersey, divorce proceedings can become complex, particularly when one spouse has substantial debts or liabilities. Here’s what might happen in such a scenario: Equitable Distribution: New Jersey follows the principle of equitable distribution, which means that marital assets and debts are divided fairly, but not necessarily equally, between the spouses. This includes debts…