Divorce often brings challenges for parents who want to maintain stability for their children. Bird's nest custody offers a unique solution that keeps kids in the family home while parents rotate in and out. This arrangement can affect both child-rearing and alimony...
Alimony
Does alimony end when you remarry?
Alimony, or spousal support, plays a significant role in many divorces. When circumstances like remarriage arise, understanding how it affects alimony can clarify financial responsibilities. Remarriage and alimony termination Alimony typically ends when the recipient...
How long can you collect spousal support after a divorce?
For many years, spousal support was a routine arrangement in a California divorce settlement. Alimony was a way to even out the financial consequences for a spouse who stayed home with the children. Today, alimony is far less common. However, California courts will...
How does alimony affect taxes?
The federal tax law changed in 2019. It altered how you handle spousal support on your federal taxes, making it no longer a write-off as an expense or a taxable income. Despite the federal change, the California Franchise Tax Board explains state law did not change in...
How does California determine alimony?
Alimony, or spousal support, gives you the opportunity to establish a separate household and become financially independent when facing divorce. Typically, these payments provide the spouse who was not the breadwinner with a level playing field so he or she can pursue...
How does someone pay alimony in California?
If you are approaching divorce for the first time in California, you likely have questions concerning alimony. Just how will your spouse pay you? Does the state require your spouse to pay you in a certain way? Fortunately, the state provides guidelines for courts to...
How do you maintain control of alimony payments?
Because you have several assets and a high income, you want to protect your finances during your divorce. While you may not avoid alimony, can you control how much you owe your soon-to-be ex-spouse? Forbes offers tips for making alimony work in your favor. You may...
How do I end alimony?
During your divorce, if the court orders you to pay spousal support, you may not get an end date. The court may leave it open due to the circumstances of your situation. The California Courts explain that the general rule is alimony lasts for half of the length of...
Alimony and the earning capacity of a spouse
A California judge will take a number of factors into account when determining how much a spouse should receive in alimony. These factors include the age of the spouses and the duration of the marriage. In addition, a judge will consider how much ability the receiving...
Life insurance may help guarantee spousal and child support
Divorce requires California couples to agree on key financial issues like alimony and child support. However, detailed financial arrangements can turn upside down if the paying spouse dies before fully satisfying his or her obligations. We have helped people plan for...