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Category Archives: Alimony
Divorce can be a daunting topic and situation to approach. When many think of divorce, one important item that usually comes to mind is the topic of alimony. Some may worry that they will have to pay a large amount of alimony each month while some may worry that they will not get their fair […]
It is not uncommon for someone to be unaware of the ins and outs of divorce unless they work with the subject on a day-to-day basis. Because of this, if a divorce is something you are considering, you likely have many questions such as: what is involved with a divorce, how are the family assets […]
If you’re in the middle of a divorce in Pennsylvania, The Pennsylvania Divorce Code provides for Equitable Distribution of Marital Property. While it’s great to know this, what does it mean and how does it affect you and your divorce case? Below are a few explanations to help make sense of it all.
Divorce proceedings, including equitable distribution, can be complicated. While there are many components involved in the resolution of a divorce, alimony is one of the main areas of discussion. The importance given to the topic is justified as it’s something that can have an impact on each spouse involved. If you have earned or are […]
If you’re in a situation where you’re paying or receiving alimony, there are a few rules to consider when filing your taxes. Unless agreed upon otherwise in your settlement, spousal support, alimony pendente lite (support during the pendency of the divorce) and alimony payments received during the year are treated as taxable income while payments made during the year are treated as tax deductible. There are other factors to consider when filing your taxes if alimony is involved, and below are a few questions and answers to help.
A party’s right to claim one’s child as a dependent on income tax returns depends upon the number of overnight custody periods the child spends with that parent. The parent with the greater number of overnight custody periods of the child during a tax year will be entitled to claim the child as a dependent […]
High Net Worth Individuals – Brad Pitt and Angelina Jolie – Enter Divorce As would be expected, much of the nation engaged in a feeding frenzy of gossip when it was recently announced that Brad Pitt and Angelina Jolie would be going, to the extent such is possible where children are involved, their separate ways. […]
Whether you are considering a divorce or are already in the middle of a divorce, you will have to understand as much as you can about alimony payments after you are divorced, as well as spousal support while your divorce is pending. Calculating Spousal Support The determination of spousal support is made by taking the […]
A major component of the resolution of a divorce is the payment of alimony. The determination is complicated, and is dependent on 17 factors specifically set forth in the Pennsylvania Divorce Code. These factors include: 1) the relative earnings and earning capacities of the parties (that is, the actual earning capability of each party at […]
Dispute Resolution covers a spectrum of processes by which family law disputes may be resolved. The processes can be sequential, alternate or mixed. Each step can also have varying degree of formality, depending upon the circumstances of the matter. Negotiation (consensual agreement directly negotiated by parties or by agent (attorney) ↕ Mediation (consensual agreement facilitated […]