Sentences with phrase «alimony payments if»

Even if their agreement does not contain any modification provisions, because many mediation spouses remain amicable, they might still agree to modify an alimony payment if it is fair to do so.

Not exact matches

Maintenance, also termed alimony, can also be counted if documented in a divorce decree, along with the recurring method of payment such as automatic deposit.
If someone is guilty of a crime in this litany of «neithers» they should or should have been penalized as the law dictates to include jail terms for pedophiliacs (priests, rabbis, evangelicals, boy scout leaders, married men / women), divorce and alimony payments for adultery (Clinton, Kennedy, Woods), jail terms for obstruction of justice (Clinton, Cardinal Law, B16?)
If he's been divorced, chances are he has alimony and child support payments to be worried about.
So even if the Devito meme had never happened, Pikachu was always going to end up sounding like he could give you lessons in doing your taxes and alimony payments.
IRS considers child support to be paid first, followed by alimony, if more than one type of payment has been awarded.
Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).
Your payments qualify as alimony if:
If you're the spouse who is paying alimony, you can take a tax deduction for the payments, even if you don't itemize your deductionIf you're the spouse who is paying alimony, you can take a tax deduction for the payments, even if you don't itemize your deductionif you don't itemize your deductions.
The cost of things like health insurance premiums (if you're on an employer's plan), alimony payments, and so on, may be out of your control.
Since secured loans, child support and alimony and some other debts can not be included in a bankruptcy, you will still need to make your regular payments on these obligations even if you declare bankruptcy.
If you take over certain loan payments, make less money than your former spouse or are required to make alimony payments, you will need to re-establish your monthly budget and financials.
You can count child support and alimony as income if you have the court order mandating the payments and proof that they have actually been made for the last six months.
If you are the payor of alimony and child support payments, your debt - to - income ratio cane harmed.
A creditor may consider whether income is steady and reliable, so be prepared to show that you can count on uninterrupted income — particularly if the source is alimony payments or part - time wages.
Child support, alimony and / or government support payments will be considered only if voluntarily disclosed by the applicant.
If divorced or separated Complete executed divorce decree and settlement agreement Payment history of alimony / child support over the past 12 months, if it is a financial obligatioIf divorced or separated Complete executed divorce decree and settlement agreement Payment history of alimony / child support over the past 12 months, if it is a financial obligatioif it is a financial obligation.
DTI is the percentage of a consumer's gross income that goes toward paying all recurring debt payments, including rent, mortgage, credit card payments, car loan payments, student loan payments, and legal judgments (such as child support or alimony, if disclosed).
Do you think that forcing a pet owner to be responsible for the costs of housing their animals at shelters if they decided they didn't want the animal anymore (similar to how we currently lease cars \ alimony payments) would help to prevent the amount of pets which are euthanized?
For example, if the party receiving alimony decides to get remarried, the Arizona court has a legal obligation to terminate any remaining alimony payments, unless both parties agreed in the alimony order that the remarriage of the spouse receiving the alimony payments would not have those payments terminated upon remarriage.
An Ohio family lawyer also can discuss with you what to expect if you need to divide assets or debts from your marriage, whether you might be able to get alimony or child support payments, and the process for determining custody of your children.
A Demand for Alimony Payment can help you be treated fairly, if you were awarded aAlimony Payment can help you be treated fairly, if you were awarded alimonyalimony.
If you have been awarded alimony in a divorce or separation, you can use a Demand for Alimony Payment to help remind your former spouse of their obligalimony in a divorce or separation, you can use a Demand for Alimony Payment to help remind your former spouse of their obligAlimony Payment to help remind your former spouse of their obligations.
If you have questions or concerns about the payment of alimony or spousal maintenance in Wisconsin, the Milwaukee spousal maintenance attorneys at the law firm of Magner, Hueneke & Borda, LLP, can help provide answers.
If you are the spouse that is dependant on the other spouse for the payment of child support or alimony, than chances are you would like to have a consent judgment entered.
Here's another frequently forgotten little nugget about life insurance, which is typically required to guarantee the payment of alimony if you should die while your obligation to pay alimony is outstanding.
If the divorce or separation agreement requires you to pay these premiums, and your spouse owns the policy, then you may be able to deduct those premium payments as alimony.
Essentially, if the divorce decree or separation agreement states that you must pay expenses for a home owned jointly by you and your spouse / former spouse, and you must pay all of the mortgage payments, real estate taxes and / or homeowners insurance, then you may be able to deduct a portion of these payments as alimony.
For starters, if you are the supporting spouse and you have lots of debt payments, these would be considered when determining how much money you would have to pay in alimony.
If, as a result of a final and binding judicial determination or because of a subsequent change in the governing law or its authoritative interpretation, it is established that any or all of said payments are not deductibe by xx, the parties agree to renegotiate the amount of the alimony payments so that this amount is consistent with the intention of the parties.
If the husband and wife have children, often the parent with primarily physical custody will prefer to remain in the former marital residence if he or she can afford the payments with a combination of income, spousal support or alimony, and child supporIf the husband and wife have children, often the parent with primarily physical custody will prefer to remain in the former marital residence if he or she can afford the payments with a combination of income, spousal support or alimony, and child supporif he or she can afford the payments with a combination of income, spousal support or alimony, and child support.
The payor can get an unpleasant surprise from the IRS — if the payments violate the alimony recapture rule.
On the other hand, if you are the one making alimony or child support payments, you have another set of questions to answer.
Alimony payments will often last for a certain number of years, and the court can order a life insurance policy that will guarantee that the spouse will have this amount of money if the ex-spouse were to pass away.
If this is your situation, you will, at minimum, need enough life insurance to cover the loss of your monthly support payments until your child support obligation ends (this differs by state), alimony, ongoing shared expenses (your children's health insurance), and planned contributions to your children's college fund or savings.
It is probable that even if you receive alimony payments, you may be required to find employment in order to meet your living expenses.
However, premium payments may be deductible and expensed if they are part of alimony payments or as charitable contributions.
However, if you have children or you want alimony payments, an attorney may be able to negotiate in your behalf.
If you are the spouse that is dependant on the other spouse for the payment of child support or alimony, than chances are you would like to have a consent judgment entered.
If the court issues an order for missed payments, the judgment can be paid from a wage garnishment order wherein a percentage of the owing spouse's paycheck is withheld and transferred to the spouse owed alimony.
If you have been awarded an alimony payment and your ex-spouse is not adhering to those requirements, you may want to hire a post divorce attorney and go back to court to have the alimony payments enforced.
(If your spouse is planning on getting remarried after your divorce, that will affect alimony payments, but only after the next marriage is finalized.)
Cohabitation, when the party receiving alimony moves in with his or her significant other, will not automatically end alimony payments, but will be considered by a judge if the proper paperwork to terminate alimony is filed.
If a paying spouse falls behind on his alimony payments, the receiving spouse can file a motion asking the court to find the paying spouse in contempt of court and request a wage garnishment for the past - due alimony payments.
If one of your clients expects to receive spousal maintenance or alimony as part of a divorce settlement or court order, you may want to delay finalizing that client's divorce until the beginning of 2019 so he or she won't have to pay tax on the alimony or spousal maintenance payments.
Alimony, child support, and other divorce payments must be secured by adequate insurance to make certain you are protected if your ex-spouse becomes disabled or dies.
Regardless of how long you have been ordered — or have agreed — to pay alimony, you may be able to cut off your payments if your former spouse cohabits with a romantic partner.
If your divorce is settled with permanent alimony, the spouse with the higher income will have to pay alimony to the spouse with a lower income until the spouse receiving the payments dies or remarries.
Considerations include, but are not limited to, whether or not one spouse will receive alimony payments, the earning capacity of both spouses, length of the marriage, contribution of the homemaker if applicable, custody arrangements, and debts and age.
If you are able to agree, then your Separation Agreement would spell out the details of the payment or waiver if you agree that alimony is not fair in your circumstanceIf you are able to agree, then your Separation Agreement would spell out the details of the payment or waiver if you agree that alimony is not fair in your circumstanceif you agree that alimony is not fair in your circumstances.
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