Sentences with phrase «spouse receiving»

Support normally ends when either party dies, after a specific amount of time, or at remarriage of the spouse receiving the maintenance payments.

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.

Under most circumstances spousal maintenance automatically terminates when one spouse dies or the spouse receiving maintenance remarries.

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 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.

Additionally, the maintenance obligation will end if either spouse dies or the spouse receiving maintenance remarries.

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.

Whether you are the initiator of your divorce or the spouse receiving the news of your partner's desire to end the marriage, there is a significant emotional component to your divorce.

The spouse receiving the paperwork typically must respond with a written answer to the complaints made in the divorce petition.

Sometimes, the divorce process in Louisiana is heavily litigated and involves several expert witnesses for each side who help to argue for one spouse receiving some marital property or child custody.

A spouse ordered to pay permanent maintenance will continue to do so until the spouse receiving the spousal support remarries (or cohabitates with another) or dies.

(B) Timing of return of premium payment following death of surviving spouse receiving life annuity.

The material change must relate to the ability of the spouse paying support to pay or the needs of the spouse receiving support.

For the spouse receiving support, the payments count as income and are taxable.

As indicated above, the notion of one spouse receiving spousal support from the other is rooted in several concepts and principles, including:

However, if the payor is subject to a court order, the spouse receiving spousal support or APL must treat the payments as income for federal tax purposes and the spouse paying the order may deduct the payments in arriving at adjusted gross income.

The spouse receiving the funds will need to present this to a financial institution or firm where the account is held.

Interestingly, it appears the Arizona Court of Appeals was sympathetic with Husbands» position by declaring it realized its decision may result in inequities in some situations when a spouse receiving spousal maintenance obtains an unfair advantage by living with someone and putting off marriage until the term of spousal maintenance is reached.

In other words, while the court will not terminate spousal support on a specific date, they can set a termination date which will go into effect unless the spouse receiving support applies for an extension prior to that date.

This is not to say the court will make a spousal maintenance award to keep the spouse receiving spousal maintenance at that same standard of living.

The trial court did not err in refusing to use an alternate valuation date for the sale of the company stock, as husband used the proceeds to pay taxes and marital debt, with each spouse receiving half of the remaining net proceeds.

Termination of Alimony on Remarriage in Arizona Questions sometimes arise regarding the termination of alimony on remarriage of the spouse receiving the alimony.

It is most often seen as a temporary measure to provide the spouse receiving the support with the time to find a method of supporting themselves or get the necessary training to do so.

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.

There is also precedent supporting the stopping of spousal maintenance payments when the recipient spouse receiving spouse gets an inheritance.

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.

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.

First, Arizona Revised Statute Section 25 - 327 (B) provides that, unless the Decree of Dissolution of Marriage or Decree of Legal Separation indicates otherwise, an award of spousal maintenance terminates upon the death of either party or upon remarriage of the spouse receiving the spousal maintenance.

North Island is offering couples the chance to experience the ultimate honeymoon escape — benefit from our Stay 7, Pay 6 offer as well as one spouse receiving a further 25 % off this special rate.

But if you are married and are not expecting to live a long time, taking benefits early could reduce the survivor benefits your spouse receives.

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).

Alternatively, if you're healthy and have a long life expectancy, or if you want to make sure your spouse receives the highest monthly payment after your death, delaying might be the best choice.

If your widow, widower, or surviving divorced spouse receives benefits on your record, they can switch to their own retirement benefit as early as age 62.

I'm sure if my spouse received such an exorbitant increase in income I could afford a few furlough days without complaint.

On average, their spouses received $ 100,345 in total income in 2015, compared to $ 27,857 for Latino legislators and $ 21,367 for African - American lawmakers.

I have filed for SSDI and my spouse receives Social Security.

This is also the case if one spouse receives an inheritance or gift during the marriage.

Each spouse receives their own discretionary spending money in their own separate interest bearing checking account each month, with all other funds being held in joint accounts.

If you don't really need to spend the money distributed from your Inherited IRA for your household expenses (your opening statement that your income for 2016 is low might make this unlikely), and (i) you and / or your spouse received compensation (earned income such as wages, salary, self - employment income, commissions for sales, nontaxable combat pay for US Military Personnel, etc) in 2016, and (ii) you were not 70.5 years of age by December 2016, then you and your wife can make contributions to existing IRAs in your names or establish new IRAs in your names.

Widow's or widower's benefits, if your spouse received a retirement benefit before full retirement age;

the non-member spouse receives a credit for the value of the super income stream at a later date when the payment split becomes operative.

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.

If you start receiving this benefit at age 62, it will amount to a little over one - third (37.5 %) of the amount your spouse receives.

Example: Your spouse receives a monthly check from Social Security in the amount of $ 1,200.

If a service member or his or her spouse received a VA loan before the member's death, the surviving spouse may also be eligible for a VA - guaranteed Interest Rate Reduction Refinancing Loan (IRRRL).

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.

Spouses receiving the taxable amount may be unprepared to pay tax when a large balance due is due April 30.

On June 28, 2013, your spouse receives a dividend from the fund, most of which is used to automatically purchase 22 additional shares of XEC at $ 18.71 (for a total DRIP of $ 411.62).