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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.
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 ...
Although alimony is not deductible or reportable as income for divorces occurring on or after Jan. 1, 2019, the previous rules apply to you if you were divorced by Dec. 31, 2018.
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 ...
Included in the liner notes for Bon Jovi's Slippery When Wet album is a thank you to the group's "expensive lawyers" for helping them to negotiate alimony and palimony payments. Seeking palimony was an option considered by the lawyer Jane Bingum ( Brooke Elliott ) during an episode of Drop Dead Diva , where one man married two women.
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.
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 ...
The parties need to reach also agreement on post-divorce child care, division of common property, housing and possibly alimony. The contentious divorce takes place when the parties cannot reach an agreement. If there are underage children, the court may divorce the marriage only after first deciding on future care for the children. [123]