Alimony can be an important part of a divorce settlement. For instance, if you have been a stay-at-home mother for many years, you may not have had the chance to build up your career. The career you had in the past may have advanced to a point where your old skills do...
Alimony
Does alimony have a place in modern divorces?
One thing many people asked in today's world is if alimony has a place in modern divorces. Unlike divorces in the past, alimony is not needed to support a woman or spouse who does not work. In the past, it was expected that mothers would stay home with their children...
Prenuptials and alimony: Eliminating the risk
As a young person looking to get married, one thing you may want to know more about is prenuptial agreements and how one could help you avoid alimony in the case of divorce in the future. A prenuptial agreement isn't always easy to approach with your betrothed, but...
Alimony: A possible support for ex-spouses
Alimony is something that you may be able to seek during your divorce if you've been supporting your spouse through unpaid labor or if you are the lesser-earning spouse. There are a few different kinds of alimony, but the aim is the same. Alimony can help boost your...
Your prenuptial agreement could be threatened with new tax laws
Prenuptial agreements provide many protections to those who want to get married. They can protect you from your partner's debts and protect your assets from them if you want to get a divorce. Changes in the way alimony payments are being treated in America could hurt...
How can you eliminate monthly alimony payments?
If you're getting a divorce, one of the things you may want to do is avoid paying alimony over time. It can be difficult to pay alimony month after month, especially if there is no particular end date. Never knowing when you can sever the relationship with your ex is...
Can you take a tax deduction for paying alimony?
The end of alimony has hit couples in Connecticut and is starting to make waves, according to a recent report. After an alimony deduction has been available for splitting couples for the last 75 years, it is now no longer available due to the Tax Cuts and Jobs Act of...
Who gets alimony in a divorce?
When a couple divorces and children are involved, figuring child support is almost always a part of the process. It is based on different factors, such as who earns the most money, who has the children the most time and so on. Alimony, however, is not always a...
Does adultery affect alimony?
The way alimony is decided in a divorce proceeding varies by state. But the purpose is basically the same. Alimony is meant to help individuals that are going from a two-party household income to a single-party household income retain their standard of living....
Tax reform may mean more 2018 divorces
Connecticut doesn't have the highest number of divorces when compared against other states. Only 10.6 percent of the population are divorced according to the U.S. Census Bureau. But if couples in Connecticut are contemplating divorces, their attorneys may advise them...