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Alimony and Taxes. Focusing on alimony and taxes in a divorce should be one of the ways to safeguard your money. As part of a divorce settlement, it is not uncommon for the higher-earning spouse ...
Alimony is a court-ordered sum that one former spouse must pay to another due to a separation or divorce agreement. You might sometimes hear about spousal maintenance or spousal support, which are ...
Veteran's disability; Supplemental Security Income; Disability payments for federal employees; Medicaid; Property tax exemption for homes of totally disabled veterans; Income tax deductions, credits, rates exemption, and estimates; Wages of an employee working for one's spouse are exempt from federal unemployment tax [5] Joint and family ...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
Temporary alimony: Support ordered when the parties are separated prior to divorce. Also called alimony pendente lite, which is Latin, meaning, "pending the suit". Rehabilitative alimony: Support given to a lesser-earning spouse for a period of time necessary to acquire paid work and become self-sufficient.
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