How Does a Bonus Factor into Alimony?

By on May 28th, 2015

Posted in Divorce, Stark News

Stark & Stark Shareholder Maria Imbalzano, member of the firm’s Divorce Group, authored the article “How Does a Bonus Factor into Alimony?,” which was published on May 27, 2015 by the U.S.1 Newspaper.

The article discusses the different types of incomes that may be looked at when calculating alimony payments, and Maria mentions that there are two ways we can deal with unknown or variable income, such as bonuses. “We can take an average of the prior three years… [or] the parties may wish to agree upon a percentage of the future bonuses that the payee shall receive.”

If the parties agree to a percentage of future bonuses, it is recommended that they consult with experienced legal counsel because “the wording of the Marital Settlement Agreement must be very specific and clear in communicating the parties’ intent.” Maria discusses the recent case of Sercia v. Sercia where the ex-wife was denied supplemental alimony due to the language in the Marital Settlement Agreement.

You can read the full article by clicking here.

Multiple locations to better serve your needs—

Princeton, NJ

993 Lenox Dr, Building 2
Lawrenceville, NJ 08648
Phone: 609.896.9060
Secondary phone: 800.535.3425
Fax: 609.896.0629
google map

Marlton, NJ

40 Lake Center, 401 NJ-73, Suite 130
Marlton, NJ 08053
Phone: 856.874.4443
Secondary phone: 888.241.7424
Fax: 856.874.0133
google map

Yardley, PA

777 Township Line Road, Suite 120
Yardley, PA 19067
Phone: 267.907.9600
Fax: 267.907.9659
google map

New York, NY

5 Pennsylvania Plaza 23rd Floor
New York, NY 10001
Phone: 800.535.3425
google map

Philadelphia, PA

The Bellevue 200 S Broad St #600
Philadelphia, PA 19102
Phone: 267.907.9600
Secondary phone: 800.535.3425
Fax: 215.564.6245
google map

Bridgeton, NJ

78 W Broad St
Bridgeton, NJ 08302
Phone: 856.874.4443
google map