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If your divorce settlement was established on or before Dec. 31, 2018, alimony payments are fully tax deductible for the individual making the payments, whether you itemize or not. For tax ...
For example, Jen just turned 39 and, after a decade of marriage, her husband Ben decided to file for divorce. They don’t have any children, but she used up her savings for a down payment on a ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
Attanasio was married twice, marrying young and divorcing his first wife in 1992. In 2003, he divorced his second wife Erica, who allegedly suffered from a bipolar disorder. In the divorce settlement, Erica allegedly received $200,000 over a span of five years. In April 1984, Attanasio participated in the murder of Bonanno soldier Cesare Bonventre.
Both dissolution and divorce are legal processes, and the outcome is exactly … Continue reading → The post Marriage Dissolution vs. Divorce appeared first on SmartAsset Blog.
Divorce laws have changed a great deal over the last few centuries. [10] Many of the grounds for divorce available in the United States today are rooted in the policies instated by early British rule. [11] Following the American Colonies' independence, each settlement generally determined its own acceptable grounds for divorce. [12]