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In the United States, child support is the ongoing obligation for a periodic payment made directly or indirectly by an "obligor" (or paying parent or payer) to an "obligee" (or receiving party or recipient) for the financial care and support of children of a relationship or a (possibly terminated) marriage.
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
However, you do not need to include payments like alimony or child support unless you want that to be considered by the lender. If you are a W-2 employee, documentation will likely come from your ...
Included in the liner notes for Bon Jovi's Slippery When Wet album is a thank you to the group's "expensive lawyers" for helping them to negotiate alimony and palimony payments. Seeking palimony was an option considered by the lawyer Jane Bingum ( Brooke Elliott ) during an episode of Drop Dead Diva , where one man married two women.
Divorce, child support and alimony documentation, if applicable. Records of bankruptcy and foreclosure, ... according to Bankrate’s mortgage amortization calculator. ...
Image source: Getty Images. It's important to know how Social Security's spousal benefits work so that you can make the most of them. Here are some key rules to follow.
Today alimony is known as "maintenance" or "spousal support." Unlike child support, there is a set formula to calculate spousal support pendente lite ("pending the litigation"), but there is no post judgment formula. A grant of spousal support depends on the facts of the case, such as the disparity between the income of the parties, the ...
In Kansas, alimony awards cannot exceed 121 months. [42] In Utah, the duration of alimony cannot exceed the length of the marriage. [42] In Maine, Mississippi, and Tennessee alimony is awarded in marriages or civil union of 10 to 20 years and the duration is half the length of the marriage barring extenuating circumstances. [42]