Sentences with phrase «eliminate alimony»

But see Maccoby & Mnookin, supra note 27, at 11 (finding that no empirical studies exist to support the contention that divorcing husbands routinely use the threat of a custody fight to reduce or eliminate their alimony and child support obligations).

Sometimes, prenuptial agreements are used to limit, establish or eliminate alimony in the event of a divorce.

In fact, there has been legislation mulled in at least a dozen states that would effectively eliminate alimony, or at least lifetime alimony.

However, you should be aware that personal bankruptcy doesn't usually eliminate alimony, child support, taxes, fines, and certain student loan obligations.

Nationwide, there has been a growing trend toward either reducing or eliminating alimony, Slowiaczek said.

The Tax Cuts and Jobs Act eliminated the alimony tax deduction, which analysts say could prompt a spate of 2018 divorce filings, especially among high earners.

Alimony deductions: The new eliminates the alimony deduction for payors, and the corresponding taxable income for recipients, for divorce or separation agreements entered in to after 2018.

Schlafly again turned to the grassroots, galvanizing family - oriented, religious women to flood state legislative halls and remind the lawmakers that the ERA threatened to mandate unisex bathrooms, same - sex marriage, no - holds - barred abortion, drafting women into the military, and eliminating alimony for cast - off middle - aged wives who had devoted themselves to their homes instead of building careers.

Not exact matches

The plan contains a «divorcee tax,» which eliminates the deduction that divorcees who pay alimony receive.

However, it is important to note that you can not eliminate debt from alimony, child support, some taxes, and student loans.

Child support and alimony payments usually can not be eliminated in a bankruptcy, nor can other debt related to a divorce proceeding.

However, there are certain types of debt that can not be eliminated when you file for bankruptcy, i.e. student loans, child alimony and child support.

While alimony paid is currently deductible for those filing taxes in 2018, the new tax law will eliminate the tax deduction on alimony for anyone who gets divorced in 2019 or later.

The lawyer, Rudolph F. Pierce, sought to eliminate his annual alimony payment of $ 110,000 after he turned 65 and retired from his law firm, Goulston & Storrs (where he remains of counsel).

The issue often arises with regard to terms that purport to reduce or eliminate future alimony (spousal maintenance) obligations.

Eliminating certain alimony options entirely might not affect a large percentage of the divorcing populace, but taking it off the table could be highly detrimental to a few.

Some experts are predicting a surge in divorces this year as spouses paying alimony seek to take advantage of the deduction before it is eliminated.

The system of social credits has eliminated the need for alimony and child support as such.

While the New Jersey alimony statute includes fault as a factor in determining alimony, our state Supreme Court in 2005 all but eliminated the role of fault in determining alimony or the amount of alimony to be paid or received.

If signed, the bill would have created a presumption in favor of 50/50 child custody, eliminated permanent alimony, and permitted (in certain circumstances) those who had already been ordered to pay alimony to seek a modification based on the new law.

GOP Tax Plan Eliminates Tax Deduction on Alimony 2 NOVEMBER, 2017 Nancy A Hetrick On Wednesday, November 1, 2017, the House finally released their proposal for tax reform and one item on the list is to eliminate the deductibility of spousal maintenance / alimonyAlimony 2 NOVEMBER, 2017 Nancy A Hetrick On Wednesday, November 1, 2017, the House finally released their proposal for tax reform and one item on the list is to eliminate the deductibility of spousal maintenance / alimonyalimony for...