NJ Divorce and Child Support with High Net Worth Marriages. In many instances alimony and child support may be awarded in a high net worth New Jersey marriage where the alimony terminates and child support must continue. In instances such as this, child support is generally recalculated to take into account the loss of income by the spouse receiving alimony. Proportions of income used to calculate the initial amount of child support may be the basis for what is determined for the recalculated amount of New Jersey child support. In addition, parties may wish to determine the amount of child support to be paid for college taking into account that the children will be at or away from home and how that impacts the amount of child support as college tuition and expenses are being paid by the parties.
Green & Associates, LLC Blog
NJ Divorce and Postjudgment Modification of Child Support. There are times when a child support order or Property Settlement Agreement or Matrimonial Settlement Agreement requires modification. When for example, alimony terminates, generally, child support may be recalculated to reflect the new income of the parties. Unfortunately, there are times when one or the other party chooses not to be entirely accurate in their present income as reflected on their case information statement, such that a recalculation of child support requires a postjugment motion in order for the parties to genuinely disclose their current income to determine the current amount of child support. If you have a postjudgment of a NJ divorce issue regarding recalculation of child support, call us to help you at 732-390-0480 or 201-242-1119 in our East Brunswick divorce or family law office or our Fort Lee divorce or family law office.