During divorce, courts may award maintenance to help enable a financially disadvantaged spouse to maintain a reasonable standard of living. Getting disqualified from receiving ongoing maintenance payments can have serious consequences for the spouse who either...
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Alimony
3 Distinctions of Divorce for Same-Sex Couples
In 2011, love won for all with the landmark Marriage Equality Act, granting same-sex couples the legal right to marry in the State of New York. Obama signed it into law in all 50 states four years later. And while we hope that everyone lives happily ever after, that isn’t reality. As with heterosexual couples, some unions end up in…
The Disruptive Changes to How Alimony Will Be Taxed Starting in 2019
Big Tax Changes to Alimony Payments in 2019 and Going Forward Alimony, otherwise known as spousal support, is a common word in divorce proceedings. Essentially alimony is awarded to a spouse who is not able to meet his or her needs without financial assistance from a spouse that can afford to pay it. And, as of Jan 1, 2019, there…