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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 ...
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 ...
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
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...
These agreements address the division of the spouses' assets, including property obtained before and during the marriage, and often limit or waive alimony. [ 7 ] Provisions that are included in a postnuptial agreement that relate to child custody or child support are not enforceable, nor are provisions that attempt to regulate routine aspects ...