By aphlaw | Published June 27, 2019 | | |
If you are a stay-at-home parent going through a divorce, it can feel as though you are at a big disadvantage in the negotiations. Because you’ve been away from work for an extended period of time, you may not have the earning capacity of your spouse, and your earning capacity will play a role in Read MoreRead More
Now that the calendar has officially turned to 2019, the Tax Cuts and Jobs Act of 2017 is in full effect. One of the more noteworthy items within the legislation was how it changed how alimony has been taxed for many years. Under the old laws, which apply to any divorce agreements made on or Read MoreRead More
During all divorce proceedings, and even after a divorce has been finalized, Minnesota courts may order one spouse to pay alimony to the other. Alimony —known as spousal maintenance in Minnesota — is meant to provide a spouse who needs financial support with some financial assistance to allow that person to have a reasonable standard Read MoreRead More
When a couple splits up, sometimes one party is ordered to pay spousal maintenance (sometimes called alimony) to the other. Spousal maintenance is a form of spousal support meant to address financial inequalities between the couple or compensate a spouse for his or her contributions during the marriage. Although spousal maintenance payments are not uncommon Read MoreRead More
Spousal maintenance, also commonly referred to as alimony, is a tool used by the courts to ensure that divorce does not leave either spouse financially destitute and helps maintain the standard of living established during the marriage. In most cases, spousal maintenance is awarded based on the need of the party seeking the support and Read MoreRead More
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