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Recent Posts in Alimony Category

  • Will My New Marriage Affect My Old Divorce Settlement?

    Divorce can be a challenging legal process, but the long-term benefits are typically worth the temporary heartache and struggles. The end of one complicated marriage gives both spouses a second chance at love and romance. However, before you put slip on a new ring, it’s important to understand how your new marriage can affect the terms of your original divorce settlement. The Financial ...
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  • The Benefits of Modifying Alimony

    Each marriage is defined by unique family and financial dynamics that must be taken into account during divorce determinations. In certain cases, the court may award a lower-earning spouse alimony to make the transition to single life (and a single income) easier. In theory, alimony is to provide financial assistance while a spouse pursues new job or educational opportunities. It’s entirely ...
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  • Your Divorce & the TCJA

    If you and your spouse are seriously considering a divorce, there may be no time like the present to file your petition and complete the process. As 2018 crawls to a close, we are getting closer and closer to the last tax season that provides certain tax benefits to divorced couples. The Trump Administration passed the Tax Cuts and Jobs Act (TCJA) in December 2017, and the legislative changes will ...
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  • The Pros & Cons of Lump Sum Alimony Payments

    Before the divorce process can be finalized, all financial matters relating to spousal maintenance, or “alimony,” must be agreed upon by both spouses or determined by the court. The purpose of alimony is to offer financial support to a lower earning spouse as they adapt to being single and self-sufficient. Typically, alimony is paid in monthly installments to benefit the financial ...
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