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Spousal support, on the other hand, assumes that one spouse requires ongoing financial help after a marriage ends. It considers each spouse’s income and their potential to earn money following a ...
On or after January 1, 2019: The Tax Cuts and Jobs Act (TCJA) changed the alimony tax implications. If the divorce was finalized after 2018, alimony payments are no longer tax deductible for the ...
Dear Penny, I've been separated for more than 10 years after a 30-plus-year marriage. The past 10 years, I've supported the family home, paid off all outstanding bills and paid off the credit card ...
Furthermore, the amount of spousal support in Texas is limited to the lesser of $5,000 per month or 20% of the payee's gross income. [35] [36] [37] In Delaware, spousal support is usually not awarded in marriages of less than 10 years. [35] In Kansas, alimony awards cannot exceed 121 months. [35]
Ewan McGregor divorce in 2020; half of his earnings over the past 20 years plus $432,000 per year spousal support and $180,000 per year child support. [39] Ted Danson's divorce in 1993 after 15 or 16 years from Casey Coats; estimated at $30 million ($63 million inflation adjusted). [40]
Furthermore, the amount of spousal support in Texas is limited to the lesser of $5,000 per month or 20% of the payee's gross income. [42] [43] [44] In Delaware, spousal support is usually not awarded in marriages of less than 10 years. [42] In Kansas, alimony awards cannot exceed 121 months. [42]
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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 ...
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