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Divorce Resources for Women

‘Alimony’ Category

How Recent Federal Tax Code Changes Will Make Alimony Payments Go Up in Florida

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How Recent Federal Tax Code Changes Will Make Alimony Payments Go Up in Florida
sklemp
Tue, 11/13/2018 - 12:39

United States
Florida

Are you a breadwinner planning to get divorced in Florida? Beware -- a new law could make you pay more in alimony.

The new law, called the federal Tax Cuts and Jobs Act (TCJA), went into effect last year.  It changed the way the IRS taxes alimony payments. For the last 75 (more...)

Splitting Up Will Be Complicated — Thanks To New Tax Legislation

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For divorces completed after December 31, 2018, the revised tax rule turns alimony into something non-tax-deductible for the payer and non-taxable for the recipient. The change eliminates the existing tax incentive for bigger supporter payments. The current deduction saves up to 50% in taxes for top earners in high-tax states like New York. Women are […]

The post Splitting Up Will Be Complicated — Thanks To New Tax Legislation appeared first on .

A Guide To Starting A College Fund For Your Child Even Without The Help of Your Ex

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Nearly one-third of all households in New Jersey are headed by a single parent. Some receive support from their former partner, but a substantial number of single parents live on their own income. Frequently, a non-custodial parent is unable to contribute alimony or child support for a number of reasons.
This puts a lot of pressure on the custodial single-parent to provide for their children financially and give the children what they need. Money for college is no exception.
(more...)

Is An Uncontested Divorce Possible For You?

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The Basics of Uncontested Divorce
An uncontested divorce is one where all of the issues are settled without litigation by attorneys. It requires a couple to agree on all the important points, such as alimony, child custody, and how to divide their property. This is typically the best-case scenario because the divorce will be over quicker, and legal fees will be lower with less for lawyers to do in court.
A contested divorce is the opposite. Strong disagreements between (more...)

Divorce Stories That Will Scare You To Death!

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Divorce is scary for everyone, but yours doesn’t have to be a nightmare!
Join us THIS FRIDAY, October 19, 2018 at the DivorceTown® Help & Hope Seminar / Protect Yourself! to find out more!
Our featured articles this month include a sampling of some of the most haunting, but true, divorce tales we could find.  This doesn’t have to be you!  You have all the resources you need right here at your fingertips, (more...)

Divorcing A Spouse Who Does Not Want The Divorce

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There could be a time when you want to end your marriage but your spouse does not want it to continue. It is possible to get a divorce in such a case. Do note that such a contested divorce can take a lot of time. It could also involve a number of complexities.
Trial needed
In this instance, a contested divorce, unlike a divorce where both spouses agree to terminate a marriage, usually needs you to attend trial before (more...)

How Well Are You Protected?

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Few words leave a person feeling more vulnerable than “I want a divorce.”  Because of acting in anger and/or out of revenge, many people make initial, costly mistakes that can permanently affect them, their family or their financial future.
While child support and alimony may be contributing factors to your post-divorce budget, circumstances can change and payouts may be modified making the long-term dependability of these sources of income uncertain..  The question becomes, what (more...)

Secrets To Divorce

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Hey Juror’s, so last week we told you a few things you should do prior to filing to divorce. One of those things included taking the proper legal actions necessary to assure all your assets are protected. This week we are going one step further with those legal actions in a little bit more detail. Watch the informative video below.
First it is suggested that you make any big purchase prior to filing. Many states issue (more...)

How Can My Spouse and I Avoid Going to Court When Filing for Divorce in Tulsa?

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Many couples do not realize that appearing in court and attending hearings is not necessary to obtain a divorce in Oklahoma. When a couple is amicable or has agreed to be cooperative in the divorce process, court can be avoided altogether. 
Couples that do choose to work together have the opportunity of taking part in two different processes Oklahoma offers. The first process is called the waiver divorce.  Couples are rewarded with a short divorce timeframe as (more...)

Is Alimony I am Already Paying for a Previous Marriage Considered in Determining Alimony in my Current Tulsa Divorce?

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In Oklahoma, alimony (also known as spousal support) is calculated and assigned based on many different factors. Judges have wide discretion when assigning alimony. Judges use their discretion to weigh various factors in deciding what is fair and equitable.

However, before discussing how alimony is calculated and if alimony from a prior marriage is considered in the calculation, it is important to understand the purpose behind alimony.
What is Alimony
The word “alimony” itself came from (more...)