Posts tagged "Divorce"

2 reasons couples live together after divorce

The reality is that most couples stop living together before or during a divorce. In many cases, one spouse moves out as soon as the couple decides to get divorced, knowing that it takes months for the legal process to play out but also knowing that they can move forward with their own decision before that.

Why would you use lump-sum alimony?

Alimony payments are typically made every month, just like child support payments. The idea is that one spouse would have supported the other if they stayed married, and that support would pay the monthly bills. The alimony allows the other person not to fall into dire financial straights after the divorce.

New York step parents have few rights after a divorce

When people marry into a "ready-made" family, they often become important to the children of that family. The reputation of step-parents, in general, is unfavorable. However, these unique individuals invest a multitude of love and heart into their new families. If divorce becomes imminent, step-parents may lose what matters the most: Their time and contact with the kids they have come to know and love.

Most divorces impact happy couples

When you think about divorce, you probably think about an unhappy couple that argues often. You think of stress and tension at home. You imagine one person abusing the other or cheating on them. You think of these extremes because they're often what you see in movies and TV shows.

How long you stay in school impacts divorce odds

People often make the mistake of looking at divorce odds as if they are exactly the same for everyone. For instance, if the divorce rate is really around 50 percent, and you have two couples in a room together, you know that one of those couples will split up.

Who pays taxes on alimony?

Alimony money gets taxed by the government, which is no surprise, but people often wonder who has to pay those taxes. This question has come up a lot lately since there have been some huge changes to the tax laws. Does the person who pays have to pay the tax first, or does the person who gets the money have to pay the taxes on everything that they receive?

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