Divorce can be tough on both the wife and the husband, but it can be especially challenging for men not only mentally but also financially. However, it does not always have to be that way. A couple of tips may help men to navigate this type of family law proceeding as painlessly as possible in New Jersey, particularly when it comes to alimony.
First, it can be helpful to embrace alimony. People naturally loathe the idea of having to write checks to their ex-spouses. However, if a former spouse focus on raising a family instead of working, alimony can provide this person with necessary financial support.
Alimony can be paid via a third party -- for example, a person pays somebody to make a payment to the mortgage company -- or it may be paid in a lump sum or on a monthly basis. The alimony payments will ultimately support the entire family, including one's children, and another benefit of these payments is that they are tax deductible. People also would be wise not to turn their noses up at receiving alimony. They do not need to be worried about how receiving such support appears to others because nobody really has to know that they are collecting alimony. A stay-at-home parent or a spouse who earned significantly less are entitled to receive this type of financial support.
Alimony is often a contentious aspect of the divorce process in New Jersey. How it is resolved in this type of family law proceeding can have a major impact on people's long-term and immediate financial interests. Proper legal guidance can help with effectively negotiating a personally favorable alimony agreement with a spouse or with advocating on one's own behalf in the courtroom.
Source: keyinvesting.com, "5 Financial Tips for Men Seeking Divorce", Jacob Maslow, Sept. 28, 2016