Often used interchangeably, the terms alimony and spousal maintenance both refer to different types of financial support paid by one spouse to another, during or following a divorce. Understanding the ...
The Tax Court held that payments a taxpayer made to a former spouse were child support and not spousal support, since the divorce instrument under which they were made contained a child-related ...
Generally, whether a payment is alimony depends on IRC section 71(b). Alimony and separate maintenance payments (collectively referred to as alimony) are taxable to the recipient and deductible by the ...
One issue that couples often contend with during the divorce process centers on financial support. Both parties can work together to reach an agreement on alimony or spousal support or in cases of ...
Forbes contributors publish independent expert analyses and insights. I empower divorcees to take control of their financial lives. We’ve all heard the song, and we all know the lyrics – “You gotta ...
Most of us are familiar with the party faux pas known as double dipping, where someone uses the same chip for multiple dips into the shared bowl of salsa. In the context of divorce, double dipping ...
A Massachusetts Probate & Family Court judge erred by considering the availability of child support for purposes of determining a mother’s need for alimony, the Appeals Court has found. The Supreme ...
An interlocutory order denying pendente lite alimony and child support is not appealable as an order for the payment of money, the Maryland Supreme Court ruled Tuesday. The high court heard arguments ...
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