During divorce, the issue of spousal support, often called alimony, frequently comes into play. These payments—they can be one-time or recurring—are designed to create a balance, a financial equality between spouses. The courts usually award spousal support in situations where there’s a significant discrepancy between incomes or earning potential. In …
Money often becomes a huge issue following divorce, especially when it comes to spousal support. And like most court orders, once in place, it’s difficult to modify alimony. That said, some people take it upon themselves to change things up, which isn’t always a great idea. Rick Jones, one of …
In shorter marriages without children or much shared property to divide, divorce can be relatively straightforward. However, it doesn’t take much to for things to become knotted and complex in a hurry. And the longer you’re married, the more complicated things tend to get. Rick Jones, one of our founding …
This post has been updated. “In this world nothing is certain, except death and taxes.” So goes the familiar saying often attributed to Benjamin Franklin. Now that it’s 2019, we want to remind you of the tax changes that arrived with the new year and their potential to impact divorce, specifically …
When it comes time to divorce, splitting up assets and property forms a huge part of the process, even when dealing with inheritance in divorce. California is a community property state, which means the courts generally view anything acquired during a marriage as belonging to both spouses. Is inheritance considered …
Divorce gets complicated. That’s no secret to anyone. Custody, the division of property, jurisdiction, you may be in for some surprises where you least suspect. Spousal support, commonly called alimony, often comes into play. We recently heard an interesting question in this realm. Is alimony a possibility after 19 years …
UPDATE: The sweeping new tax plan Congress passed at the end of 2017 impacted almost everyone. This included changes to divorce settlements, specifically those involving spousal support. Beginning January 1, 2019, on new court orders that include spousal support provisions, the party paying spousal support will no longer be able …
People stay married for all kinds of reasons. For the kids, because of religious convictions, the belief you can work things out. All of these and more contribute to people remaining in unhappy relationships. Retirement is another. In certain situations, after a long marriage, spouses may be entitled to a …
Dividing up shared property and hashing out a settlement is a huge part of a divorce. It also has a major impact on your financial future, so it’s important to do things right. But it’s complicated, especially when you mix two lives. What happens to things you owned before you …
Spousal support, often called alimony in everyday conversation, is one of the biggest topics people ask us about. One question that pops up all the time is, “If my ex moves in with a new partner, do I still have to pay spousal support?” It’s tricky, but the impact of …
UPDATE: The sweeping new tax plan Congress passed at the end of 2017 will impact almost everyone. This includes changes to divorce settlements, specifically those involving spousal support. Beginning January 1, 2019, on new court orders that include spousal support provisions, the party paying spousal support will no longer be …
UPDATE: The sweeping new tax plan Congress passed at the end of 2017 will impact almost everyone. This includes changes to divorce settlements, specifically those involving spousal support. Beginning January 1, 2019, on new court orders that include spousal support provisions, the party paying spousal support will no longer be …