Alimony payments often raise questions. This is especially true when one of the former spouses remarries. Understanding how remarriage impacts these payments helps clarify financial responsibilities for both parties. While alimony arrangements vary case by case,...
Alimony/spousal Support
How can the spouses’ behavior during the marriage affect alimony?
In Michigan, the conduct of the parties during marriage can significantly affect alimony decisions. Alimony, also known as spousal support, is financial assistance provided by one spouse to the other after a divorce. The purpose is to help the lower-earning spouse...
Navigating high-income dynamics in alimony modifications
Alimony, or spousal support, addresses financial imbalances post-divorce by supporting the lower-earning spouse.. Factors including each spouse's income, the duration of the marriage and the recipient's needs determine the amount and duration of alimony. In Michigan,...
Why would a court award alimony?
Not every judge will order alimony in every divorce. It is an option, but not a mandatory requirement to finalize a divorce decree. Alimony is money that one spouse pays to the other. It can happen during the divorce, after it or both during and after. Unless there is...
When does alimony end?
If you have decided to divorce your spouse, you might worry about your ability to support yourself after your marriage ends. This is probably especially true if you opted to stay home and raise children while your soon-to-be ex-spouse worked and earned money. Luckily,...
3 good reasons to consider lump-sum alimony
If you are going through a divorce, you might have some well-founded fears about being able to support yourself financially on a single income. This is where alimony can be helpful. Indeed, provided you qualify for it, alimony can help you maintain your current...
Working through unique parenting time challenges
Whether you are a custodial parent or a non-custodial parent, parenting time can become a major issue if the other party is not cooperating and abiding by the terms of a court order. With parenting time and all other issues related to child custody and visitation,...
Remarriage and alimony payments
If you have a high net worth and owe alimony after recently ending your marriage or you receive payments from your former spouse, it is vital to have a clear understanding of various legal issues related to spousal support. For example, you need to recognize that...
What do you know about lowering taxes and alimony deductions?
Because you and your current spouse completed your divorce after 2018, you must understand how current tax laws affect your alimony payment. Payors no longer deduct tax payments, and recipients no longer pay taxes on payments. Forbes offers tips for minimizing your...
Key points concerning Michigan spousal support (alimony)
It is of course not uniformly the case that divorcing Michigan spouses exit their marriages on a financially equal footing. Notwithstanding that state law mandates a fair division of assets between splitting partners, one divorcing spouse sometimes has a financial...