Sentences with phrase «receiving alimony»

If the payee (person receiving child support) is also receiving alimony from the other parent or is receiving alimony from a previous relationship the alimony payment is considered income to them.
If a party who is receiving alimony is attending college or seeking job retraining, the court may increase the award of alimony accordingly.
Past paying or receiving alimony and child support, divorce is a gigantic financial game - changer.
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.
The remarriage of a spouse receiving alimony or spousal support would be a significant change in circumstances.
Currently, Florida law permits a person who has been ordered to pay alimony (called an «obligor») to seek a modification or termination of his or her alimony order if he or she can prove that the spouse receiving alimony (called the «obligee») is in a supportive relationship.
If an obligee receiving alimony moves from Missouri to Texas, Texas will enforce her Missouri alimony order provided she follows Texas statutory guidelines for transferring an alimony order.
For example, in South Carolina, a spouse who commits adultery is usually barred from receiving any alimony.
Under the old tax law, because the spouse receiving alimony or spousal maintenance is usually in a lower tax bracket after a divorce, more money stays with the divorcing couple rather than going to the Federal Government.
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.
The list of factors allows a state court to grant spousal maintenance if required by at least one factor on the list — however, no single factor automatically disqualifies a spouse from receiving alimony.
Whether you are paying alimony or receiving alimony, or about to pay alimony or about to receive alimony, a recent case may be applicable to your situation.
The person paying alimony is typically able to claim the alimony as a tax deduction, while the person receiving alimony needs to report the payments as income.
Spouses receiving alimony will no longer need to pay taxes on that income, but that savings will not likely make up for a significantly lower payment.»
I occasionally get telephone calls from men whose ex-wife's are receiving alimony but also appear to be living with a boyfriend.
Cohabitation becomes a problem when 1) in parties who have minor children the custodial parent takes in a lover during the divorce process and the non-custodial parent files a motion to prevent such behavior, and 2) an ex-spouse, usually ex-wife receiving alimony, cohabitates rather than remarries in order not to lose her alimony.
Due to the new tax law, spouses paying alimony won't be able to take a deduction while spouses receiving alimony will no longer have to report it as income.
, spouses paying alimony won't be able to take a deduction while spouses receiving alimony will no longer have to report it as income.
Usually, option one would be better for someone who might end up receiving alimony and option two would be better for someone who might end up paying alimony.
Termination of Alimony on Remarriage in Arizona Questions sometimes arise regarding the termination of alimony on remarriage of the spouse receiving the alimony.
If the parties enter a separation agreement that a supported spouse repudiates prior to court approval, would that supported spouse's post-agreement adultery bar him or her from receiving alimony?
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.
The obligation to pay alimony ends when either party dies, or when the person receiving alimony remarries or begins living with another partner.
However, you may be eligible to deduct attorney fees associated with receiving alimony or receiving property.
Receiving alimony, child support, social security, pensions, disability, or other sources of income.
Alimony is also considered income, so a nonworking person receiving alimony may also be able to contribute to a traditional IRA.
DICE, Season 1, Episode 4: Dice tries to get work after discovering Carmen is still receiving alimony.
Dice tries to get work after discovering Carmen is still receiving alimony.
IRS statistics show that 96 % of persons receiving alimony are female.
The biggest sticking point often relates to when the marriage began, which can dictate how assets are divided and whether a spouse receives alimony (also known as spousal support).
He is, as Accounts guru Jim Cutler puts it, «our collective ex-wife, who still receives alimony
«10 percent today or even lower» receive alimony.
Remember to claim received alimony as income and paid alimony as a deduction.
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.
But you will probably receive alimony!
According to the U.S. Census Bureau statistics, 98 percent of the 243,000 people who received alimony payments last year were women.
There are no specific requirements for the length of the marriage for a spouse to be eligible to receive alimony or spousal maintenance.
Martial misconduct can limit your ability to receive or obligation to pay alimony, and adultery during the marriage and prior to separation will completely bar your rights to receive alimony.
In general, gross income includes regular compensation, tips, bonuses, gains from a business, gains from selling property, interest and dividends, received alimony or maintenance, Social Security or Veteran's Administration income, disability payments, workers» compensation, unemployment benefits, severance pay, and gambling winnings.
Many residents of Louisville, Kentucky, are used to hearing about divorce cases in which the wife receives alimony from the husband.
Quebec's court of appeal upheld that judgment, but Wednesday's decision at the Supreme Court reverses that decision, saying the woman's situation has not changed — that she still suffers from multiple sclerosis, continues to receive disability payments and therefore, should continue to receive alimony payments from her former husband.
For example, if a husband and wife have been married 30 years, and the wife never worked during the entire marriage, the court may decide that she deserves to receive alimony even if she remarries.
In determining whether a spouse should receive alimony, the court must focus on a list of 17 factors promulgated in the divorce code.
Even if you will receive alimony and / or child support, you might consider purchasing a life insurance policy on your ex-spouse.
Will you receive alimony and / or child support after your divorce?
If you don't already have life insurance in place and are to receive alimony or child support after your divorce, you may want to consider protecting this income with a life insurance policy.
It is probable that even if you receive alimony payments, you may be required to find employment in order to meet your living expenses.
Over the years, divorce has undergone an evolution — from the days when wives nearly always received alimony — to the...
Over the years, divorce has undergone an evolution — from the days when wives nearly always received alimony — to the beginning of no - fault divorces, starting in 1970.
In your Florida divorce, one spouse may receive alimony or child support from the other.
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