... 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 ...
... The final ruling by the Arkansas Supreme Court found that adultery was irrelevant because it didn’t reflect on either the need for alimony or the obligor’s ability to provide it. As with any case, none ...
... interests. This happens when the marital asset, the business, is counted twice. First during the division of property and then again when calculating the amount of spousal maintenance/alimony. In order ...
... when rights at divorce or death might be waived or modified. An advantage of the UPAA is that rulings are more stable on issues such as estate planning, division of property, alimony and financial assets ...
... changed financially. Your status changes, but so does income and claimable income. Who claims the kids? Is alimony income? Is child support income? Is the paying of child support a tax break? Did your ...
... the children first in order to avoid resentment over finances and settlements. Even when the decision to split is mutual, heated debates over assets or alimony can affect decisions about custody or visitation. ...
... make matters worse and to continue to mentally torment and control Laura, he sued her for alimony. Laura desperately reached out to her state legislators to advocate for change. As a result, Laura’s Cards ...
... as, the amount of debts versus assets and who is responsible for each debt.
Does Arkansas award spousal support or alimony?
Yes, Arkansas calls it, spousal maintenance. It is generally awarded when ...
... we will be able to determine how we should proceed with your case regarding division of marital assets, debts, child support, alimony, and other financially related items. We will also tell you which documents ...
Divorce arguments and settlements are filled with alimony, splitting assets, child custody and visitations, but many people often overlook some very important things that can have lifelong consequences. ...
... a valuable tool in family law cases. It can be used for a number of reasons like a basis to assert claims of cohabitation, challenge custody, alimony, lifestyle choices and the list goes on. Attorneys ...
... Many states vary on how issues related to alimony, child support, child custody, and property division are handled.
Be cautious if your spouse is pushing you to file for divorce in a specific state, ...
... 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 will have to fight for alimony ...
... the new tax reform impacts couples initiating divorce now or in the future, those that pay and receive alimony/spousal support and those that have utilized child exemptions. Remember, spousal support/alimony ...
... process:
Remember to the keep the children first in order to avoid resentment over finances and settlements. Even when the decision to split is mutual, heated debates over assets or alimony can affect ...
... and what it will cost to maintain it. Read my previous blog detailing child support payments here.
Ironically, financial disagreements such as alimony increase overall divorce expenses. Alimony disputes ...
... Revenue Service also uses QRDO’s to identify retirement assets that are legally allowed, and sometimes managed, to be used to pay child support or alimony. If you are ordered to split up a 401K or Roth ...
... us concerning the difference between a divorce in 2018 and a divorce in 2019. Alimony In the past, alimony was deductible by the payor (the person dishing out the dough). That will no longer be the ...
... may be ordered to be responsible for another spouse’s debt, if there is legal justification. Know Which Monies Received are Taxable - If it is considered alimony, the person paying can be written ...
