On January 1, 2019, alimony from new agreements and court orders will no longer be tax deductible to the payor of the alimony. Likewise, alimony will no longer be taxable to the person receiving the alimony. If you think you are going to be paying alimony, find a highly experienced divorce
Alimony And The New Tax Law
If you expect to be paying alimony to an ex-spouse in the near future, or are currently paying alimony and are looking to modify your existing agreement, Congress’ recently passed tax reform bill has a word of advice for you: Act fast or lose deductibility! Under previous conditions, any spouse
ALIMONY-MYTHS AND TRUTHS
Attorneys are always trying the tell clients and potential clients how judges determine alimony. There are statutes, cases and all sorts of guides. Websites talk about alimony guidelines, alimony calculators and all sorts of gadgets for calculating entitlement to and amounts of alimony. All of
Paying Alimony and a Mortgage Can Help Your Divorce Outcome
Did I just read that right? Is that what you are thinking? I should actually want to pay alimony? I have always thought that I should fight paying alimony. Was I right? So, if there is one thing I know, it is that the emotions of people going through a divorce are real, raw and often difficult to
