Divorce and Family Law
Do You Have a Pre-Nuptial Agreement that Has a Provision for Alimony?
If you have questions concerning this article, please contact one of the attorneys listed here. Then you need to read this. The new Federal income tax law could affect you in a big way. For divorces after December 31, 2018, alimony will no longer be tax deductible by the person who pays it. Nor will it be taxable to the person who receives it. Everyone hopes that their marriage will last forever, but in the event yours ends in divorce, alimony – also called spousal support – could be an issue.…
March 2, 2018