Monday, March 24, 2014

NEW JERSEY Part 27

Tax Implications of Alimony

Any payments of alimony are tax deductible to the paying spouse and reportable as income by the receiving spouse.
Attorneys’ Fees

If a spouse can show financial need, the court may order the other spouse to pay for attorneys' fees.

New Jersey Statutes

2A:34-25: Termination of Alimony

2A:34-23: Alimony, maintenance

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