Congratulations to partner Jeffrey Urbach, who has earned a Certificate of Excellence by the National Association of Certified Valuators and Analysts (NACVA) as the 2011 Instructor of Exceptional Distinction. Jeff, a Certified Valuation Analyst, generously shares his expertise and wisdom as a regular lecturer for NACVA, greatly enriching all those privileged to hear him. Jeff is accredited in Business Valuation. His specialty is the business valuation of medical and dental practices, law offices and other professional practices.
DIVORCE FORUM
Alimony Article in NJ Family Lawyer Written by Jeffrey Urbach
Our litigation support partner Jeffrey Urbach has co-authored a just-released article for the New Jersey Family Lawyer magazine, June 2012 edition. The article, entitled “Alimony and Taxes,” discusses the basic rules governing alimony as well as lesser known fine points. Jeff covers alimony recapture rules, deductibility of attorneys’ fees, using QDROs to enforce alimony, and alimony trusts. [Read more…] about Alimony Article in NJ Family Lawyer Written by Jeffrey Urbach
The Pros and Cons of a Prenuptial Agreement
While no one enters a marriage expecting to split up, the unfortunate reality is that more than 1 in 2 marriages end in divorce. If you are a physician or business owner engaged to be married, odds are either a friend or family member has recommended you get a prenuptial agreement. Should you listen? Here’s a rundown of the pros and cons you ought to consider. [Read more…] about The Pros and Cons of a Prenuptial Agreement
Hiding Money From Your Spouse? It’s Not as Easy as it Used to be
Troubled couples often try to hide money from each other, whether to spend it on extramarital mischief or keep from sharing it in a divorce. They will often open up secret on-line brokerage accounts or hide cash in a safety deposit box. Whatever the method, the hiding spouse is forewarned: Electronic discovery has made it much easier to track your covert activity.
There are many ways a spouse can uncover secret financial dealings. A suspicious spouse might go through their partner’s web surfing history and social networks to uncover traces of hidden bank accounts and business deals. Some may even install software that records every keystroke their spouses make. Among the wackier tactics include replacing spouse’s GPS with a nearly identical one, allowing tracking of the vehicle’s location and even pictures of who’s sitting in the front seat. Smartphones, as well, are playing an increasingly large role in discovering hidden assets. Mr. Lewis, a data forensic expert in New York, says he recently worked on a case where the spouse enabled the “find my phone” software on all of her family’s smartphones, and quickly learned of her husband’s frequent trips to an ATM, where he withdrew cash she didn’t know about. [Read more…] about Hiding Money From Your Spouse? It’s Not as Easy as it Used to be
Divorcing Couple Ordered to Swap Facebook Passwords
A divorcing couple in today’s day and age may be asked to
give up more than just their money, cars, TVs or the kids. They may be ordered
to hand over their social networking passwords, as well. At the end of
September, Judge Kenneth Shluger ordered that the attorneys for Stephen and
Courtney Gallion, a soon-to-be divorced couple from Connecticut, exchange
“their client’s Facebook and dating website passwords.” [Read more…] about Divorcing Couple Ordered to Swap Facebook Passwords
Got a Raise? It Could Cost You in Alimony
When calculating alimony, most would assume that the calculation would be based upon the breadwinner’s income prior to the divorce. After all, why should the ex-spouse benefit from business success earned after their relationship has been legally severed? In a surprising verdict, however, Superior Court Judge Lawrence Jones ruled against this assumption. [Read more…] about Got a Raise? It Could Cost You in Alimony