Alimony

Alimony, also known as spousal support, is a financial arrangement ordered by a court in which one spouse pays the other after a divorce to help maintain a similar standard of living. It aims to prevent financial hardship for the lower-earning spouse. However, certain situations may lead to disqualification from receiving alimony during the divorce process. Courts often consider certain behaviors, such as infidelity or financial misconduct, and certain factors, including cohabitation or self-sufficiency, when determining alimony eligibility. Disqualification for alimony may occur due to factors such as having an…

Many people still believe that only women can receive spousal support in a divorce, but this is not true. Alimony in California is based on a few different factors, but gender is not one of them. Spousal support is intended to help a lower-earning spouse who was financially dependent on the higher-earning spouse maintain a similar standard of living after divorce. Income is a significant factor in determining eligibility for alimony, but it is far from the only consideration. To discuss the criteria that may be used in your case,…

Navigating the complexities of alimony payments can be a daunting task, especially when it comes to minimizing taxes legally. With changes introduced by the Tax Cuts and Jobs Act, it’s crucial to understand how these updates affect both payers and recipients. Those making alimony payments can no longer deduct these payments from their taxable income for agreements executed after December 31, 2018. One effective approach to mitigate the tax burden is through property transfers, which can be less taxing than cash payments. For instance, transferring assets like real estate or…

If you are recently divorced, you may have some questions regarding alimony. If you are wondering how long you have to pay your alimony after your divorce or have any other questions during this time, an Orange County family lawyer can help you understand the specific rulings given to you by the court. No matter whether your divorce was contested or uncontested, the length of the amount of time you pay alimony depends on the language of the judgement that was given in your divorce. Generally, in California, judgements will…

Alimony can be a point of contention in almost any divorce proceeding. Without a compromise between the divorcing spouses, a dispute over alimony can be lengthy, costly, and exceedingly nerve-wracking. The spouses who request alimony insist that they need it, and the spouses who are ordered to pay alimony usually believe that they should be paying less – or nothing at all. In fact, one effort to abolish alimony entirely in the state of California was launched and widely publicized in 2016, but that attempt failed to collect enough signatures…

  Florida lawmakers are working to change how alimony is paid and received in the state. This controversial alimony reform bill has a lot of people talking. Essentially, it will remove lifelong alimony payments and use a strict formula for determining how long and how much alimony is due to the receiving spouse. Why the Bill Was Introduced Originally introduced by state Rep. Colleen Burton, the Florida House Bill 943 will reform alimony. Lawmakers are hoping to make alimony fair, no longer something couples use for retaliation. Advocates for this…