As a financially dependent spouse, you may be entitled to financial support from your spouse during and after a divorce. Alimony is supposed to help you meet your financial needs and maintain a lifestyle similar to the one you were used to during the marriage. When...
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Should you consider taking your alimony as a lump sum?
The most common way that people get alimony after a divorce is through a monthly payment. Say that your spouse was the only working parent in your family. You need to help take care of the kids and it’s difficult to immediately re-enter the workforce. Your spouse may...
What are the tax implications of alimony?
The dissolution of a marriage is an emotional and trying time accompanied by many stressors. One source of considerable stress is what the monetary consequences will mean for your standard of living and future. If you are the primary breadwinner, you may be looking at...