I am not, nor do I claim to be, a tax expert. However, I do get questions regarding tax implications when making divorce, child support and alimony decisions. I always recommend that my clients speak ...
When I meet with divorce clients, I am often asked about alimony. “Do I qualify for alimony? How much alimony will I be awarded? How long will I receive alimony?” I thought I would take this opportunity ...
The new tax bill just passed by Congress has many changes for the tax code. Turns out there is a major shift that affects divorcing parties as well. Alimony is many times a central issue in a divorce. ...
Alimony. Alimony is a complicated subject and one that has many determining factors. Each case is different depending on the circumstances. How long were you married? Did you have a prenup? Was one spouse ...
... by the Circuit Courts in divorce and custody cases.
In Woods, the mother appealed a grant of custody to the father and also challenged the court's decision not to award her alimony.
The Court of Appeals ...
This comes up over and over. Ex spouse gets a reduction in income at work for one reason or another. Ex spouse is paying child support and/or alimony. Ex spouse decides he/she will lower the amount ...
The Arkansas Court of Appeals has affirmed a trial court's decision awarding alimony to a spouse for an "indeterminate" amount of time. (See Elliott v. Elliott decided April 25, 2012)
The appellate ...
A surprising number of clients tell me during the initial consultation that Arkansas is "not an alimony state." They are surprised to hear that Arkansas is indeed an alimony state. They are also surprised ...
This case just decided by the Arkansas Court of Appeals provides a good discussion of several divorce issues. Alimony is discussed as well as what it means to "equitably" divide the parties' debts and ...
Alimony may be modified in the future if a change in circumstances occurs. In the following case, the trial court found a change in circumstances and modified alimony. The Court of Appeals reversed. ...
The primary factors to be considered in modifying an alimony award are the needs of one party and the ability of the other party to pay.
The court found in the following case that an alimony award ...
... alimony can affect decisions about custody or visitation. Don’t let the inevitable arguments steal from your children’s sense of security or their futures. Be the bigger person, even if it hurts your pride. ...
Financial support for spouses after divorce is probably one of the most strongly contested issues in a divorce settlement. It is referred to as alimony, spousal support, and spousal maintenance. Spousal ...
... issues to sort out – child support and custody, alimony, division of assets, which can include the family home, and the list goes on. It is easy to lose control of your emotions. In addition to so many ...
... might not be on the horizon. Read further here:
Alimony Many parents sacrifice part of a job, or all of a career, in order to tend to children. A large amount of women divorcing in a grey divorce ...
... adultery, irreconcilable differences.
Separate maintenance pretty much boils down to alimony or support paid from one spouse to another. For separate maintenance, a party to the divorce does not need ...
... assets are legally allowed, and sometimes mandated, to be used to pay child support or alimony. As with all legal documents and proceedings it is best to seek legal counsel, but it is especially important ...
... retirement plan contributions, alimony paid, and self-employed health insurance paid. Depreciation is allowed as a deduction only if it reflects actual decreases in the value of an asset. Something else ...
... or alimony, and sometimes allow a reasonable fee for the spouse’s attorney and expert witness fees.
Usually, the biggest and most pressing matter is the children. Regardless of the situation between ...
