You’ve seen those jewelry commercials telling you, “A diamond is forever.” This is not the case with alimony, however. Too often, spouses who receive support mistakenly believe that alimony is a permanent entitlement. They think they will receive alimony forever regardless of the future circumstances of the payor spouse or […]
Blogs
On Friday, June 9, 2017, the Internal Revenue Service issued Revenue Procedure 2017-34, which permits certain estates to make a late portability election if they previously failed to make a timely election. In its simplest form, if a deceased spouse has not fully utilized his or her Federal Estate Tax […]
New Jersey Legislation Related To The New York City Salary History Ban
June 22, 2017 | by Einhorn BarbaritoNew Jersey employers may soon be facing restrictions on inquiries regarding previous salary history for job applicants, similar to those recently passed in New York City. On June 1, 2017, New Jersey moved one step closer to enacting legislation, when the New Jersey Senate Labor Committee recommended by a 4-1 […]
There Is Still No Bright-Line Rule To Defining Emancipation
June 13, 2017 | by Jennifer FortunatoThe New Jersey Legislature enacted a statute on January 19, 2016, effective February 1, 2017 (i.e. N.J.S.A. 2A:17-56.67), which terminates one’s obligation to pay child support upon a child’s emancipation, without the necessity of obtaining a court order. However, there is still no bright-line rule to defining emancipation. Prior to […]
