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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.
One issue that couples often contend with during the divorce process centers on financial support. Both parties can work together to reach an agreement on alimony or spousal support or in cases of ...
It's official: The new cost-of-living adjustment (COLA) for 2025 is here. The Social Security Administration recently announced that beneficiaries will be receiving a 2.5% raise starting in ...
Divorce is obviously a difficult chapter in anyone's life. In addition to sorting out personal matters, dealing with the financial fallout of divorce is often messy. Whether you are paying alimony ...
Custodial rights to children, shared property, child support, and alimony after divorce; Domestic violence intervention; Access to "family only" services, such as reduced rate memberships to clubs & organizations or residency in certain neighborhoods; Preferential hiring for spouses of veterans in government jobs
Alimony has two important tax statuses. If you finalized your divorce before Jan. 1, 2019, the person who collects alimony pays taxes on this money. This means that the person who pays alimony can ...
With spousal benefits, if you file at full retirement age, the most you can get is 50% of the monthly benefit your spouse is entitled to. But otherwise, your benefit can only shrink with an early ...
Spousal benefits are a great way to boost your Social Security benefit (sometimes by as much as $800 a month), and even if you are not in a traditional marriage, you could be entitled to receiving...