Over 4,000 people divorce each day in our country. Some do so after many years of marriage and in the context of very unequal spousal incomes. Such divorces often require alimony to achieve a fair ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...
Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving ...
Note: For more about financial planning and divorce, see our recent report by behavioral scientist Sarah Newcomb, The Big Split: Minimizing Conflict in Divorce Financial Planning. Q: Can I still ...
Discrepancies between the amount of alimony deducted by payers and reported as income by its recipients increased by 38% in six years, to $3.2 billion for tax year 2016, the Treasury Inspector General ...
Some angry but bottom-line-driven couples are hoping to celebrate the New Year by making sure they finalize that divorce by Dec. 31. The reason? Beginning in 2019, President Donald Trump's tax ...
Gov. Ron DeSantis on Friday signed a measure that will overhaul the state’s alimony laws, after three vetoes of similar bills and a decade of emotional clashes over the issue. The measure (SB 1416) ...