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Posts tagged "Spousal Support"

Are you entitled to rehabilitative alimony?

Spousal support is a form of financial maintenance that can help one spouse have a more stable financial situation after a divorce. For example, if you are not working due to caring for the home and children, your spouse may need to pay spousal support while you try to find work, go back to school or raise your children without time to work.

Consider asking for spousal support to solidify your finances

One question many people have when they're going through divorce is whether or not they want to seek spousal support. Many times, spousal support isn't necessary, because both spouses work or have their own assets to fall back on. This is particularly true in short-term marriages.

It's 2019, so new spousal support rules apply now

January is known as "divorce month," and as such, it's a good time to talk about how the new tax rules and other changes could affect your divorce. Couples who plan to divorce in 2019 should be aware that new spousal support tax rules could change the way they want to approach this typical negotiation.

Should you refuse alimony? Think carefully before you do

In today's world, it's common for both men and women to work. While it was common for men to be the breadwinners in the past, the same is not always true today. In a divorce scenario, that can create unusual tension, especially when it comes to spousal support.

Spousal support payments should be set in your budget

Finding out that you are going to have to pay alimony is tough, especially when you are adjusting to life on a new budget based only on your income. There are many factors that the court considers when it is trying to determine how much these financial support payments will be. One of these is your ability to pay.

Some, not all, divorces qualify for spousal support

Going through a divorce is an expensive endeavor. For some people, this is also a time that is financially scary because they don't have the money to support themselves. One reason for this is that some spouses remain home to care for the children and the home. In these cases, spousal support might be in order.

Alimony: Changes affect your rights

Spousal support is always a hot topic because many individuals end up staying home to support their spouses or are lower-earning spouses during a marriage and need support to move on independently. In many of these situations, it's women who end up needing support. This may be due to giving up a career to raise children or because of simply earning less than their male counterparts.

Financial support from your ex might be possible during divorce

When you've stayed at home to raise your family and keep the house running smoothly, you don't expect that you are going to have to head back into the workforce to support yourself. If you go through a divorce, this might be one of the difficult things that you have to do.

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