Savings and Alimony
February 26, 2019In the recent case of Lombardi-v-Lombardi, the New Jersey Appellate Division addressed the issue of calculating alimony when there is a historical precedent of both parties regularly saving money. The divorcing couple’s annual income was approximately one million dollars. During the divorce litigation, it was evidenced that their monthly spending was approximately $17,000, and additionally, the couple saved about $60,000 per month. After a drawn trial, the divorce court awarded the wife a spousal support settlement in line with the […]
