Sentences with phrase «former spouse receives»

That's why so many doctors end up paying reimbursement alimony, which is the alimony that a former spouse receives from the other for any expenses... Continue reading →

If a former spouse receives the home you once shared in the divorce, you don't automatically lose the equity you helped build in the property.

Ray's former spouse receives 40 % of Ray's pension payments.

In the event of divorce, property settlement can include a specific «early withdrawal penalty provision» called QDRO = from the court: «Qualified Domestic Relations Order» wherein the former spouse received $ $ in the event no other non-qualified money is available for the property settlement.

This means that you will get to make those payments and pay the taxes on the money your former spouse received before OPM started making the payment.

We have written about the Arizona Court of Appeals decision in the Van Dyke v. Steinle case in which the court of appeals had to determine if a basis to terminate spousal maintenance exists when a former spouse receiving the spousal maintenance moves in with a love interest and is now sharing living costs with the new love interest.

If you send the modification papers via regular mail, there is no way to prove whether or not your former spouse received it.

Not exact matches

The SSA considers a divorced survivor who remarries after 60 eligible to receive benefits based on his former spouse's work record.

Widowed or divorced individuals may qualify for benefits based on their former spouse's earnings history, which in some cases can be higher than the benefit they would receive based on their own earnings history.

So often clients will agree not to file for divorce so that the receiving spouse can continue to get benefits from the former spouses» employer.

Remember that unless you change or cancel your designation, the person named - such as a former spouse - will receive the benefit.

Alimony payments received by the former spouse are taxable and you must include them in your income.

Alimony, child support or maintenance income you receive from a former spouse can help you meet a lender's income requirements to qualify for a mortgage loan.

If you are the spouse or former spouse of the participant who receives a distribution from the Plan under a QDRO, you generally have the same options the participant would have (for example, you may roll over the distribution to your own IRA or an eligible employer plan that will accept it).

You or your former spouse will need to notify the ATO (in writing) of the proportion of the income stream payments you are receiving.

In addition, an alternate payee who is a spouse or former spouse can roll the distribution over into his or her individual retirement account (IRA) without tax consequences if the rollover is done within 60 days of receiving the QDRO distribution.

In order to be eligible for a refund, you must: be separated from the federal government for at least 31 consecutive days or be transferred to a position not subject to retirement deductions for at least 31 consecutive days; not be reemployed in a position subject to retirement deductions at the time you file your application; be ineligible to receive an immediate annuity within 31 days of separation; not be prohibited from receiving a refund due to a court order; and notify your current and / or former spouse (s) of the refund request, if applicable.

If you remarry, you can not receive benefits on your former spouse's record unless the new marriage ends (by death, divorce, or annulment).

If you are the custodial parent, you may wonder whether you're better off receiving a larger amount of direct support and paying the third parties yourself, or letting your former spouse make those payments and getting less direct support.

If your decree states that a QDRO or a COAP will be written and one has not been written, OPM will wait to receive that order before dividing your retirement with a former spouse and this will slow down your retirement processing and receipt of a full retirement check.

When OPM receives the QDRO or COAP, it will process it proactively, not going back and making back payments to your former spouse.

Once such appellate cases referred to such former spouse's as «gold diggers» and another appellate case indicated that a trial court might stop spousal maintenance payments if the spouse receiving the spousal maintenance refuses to do anything to increase their ability to earn a higher income.

You should read our article regarding the Van Dyke v. Steinle case on whether a former spouse who receives alimony from her former husband and later moves in with a love interest constitutes a basis to modify alimony in Arizona or watch the following video that explains that case.

In case of the death of the former spouse, in the absence of another marriage, the spouse that until now has received the maintenance allowance (not having remarried on their part), will have the right to the widow's pension, as long as the employment relationship from which the marital compensation originates comes before the settlement for a divorce in Italy.

Some couples prefer long term legal separation over divorce to allow spouses to receive Uniformed Services Former Spouse Protection Act and Social Security benefits.

The result is that you could receive the higher of benefits based on your own work history or half of your former spouse's benefit, even if he or she has remarried.

Many divorcing spouses do not want a former partner to receive one penny more than absolutely necessary.

After you receive your share of the home's equity, you then sign over all rights to the home's title to your former spouse.

If you wish to obtain increased alimony from your former spouse, or you want to extend the length of time you can receive alimony, you must take your ex back to court.

If you have children, do you trust that your former spouse will preserve your share of the estate so that your children ultimately receive everything?

After the divorce is over and the former spouses have moved on with their lives, often the spouse receiving alimony develops a new love interest.

As the custodial parent, the amount you receive depends largely on the extent of your benefits — and any other income you receive — relative to the income earned by your former spouse.

Property you receive from your spouse (or former spouse, if the transfer is incident to your divorce) is treated as acquired by gift for income tax purposes.

Your former spouse must report them as alimony received and can include them in figuring deductible medical expenses.