Spousal Support/Property Distribution

In virtually all divorce filings, key questions surrounding finances and family arise.Property and/or debt division/distribution is an issue in divorce cases. The courts are tasked with making an equitable division of the marital estate, which includes property and/or debt acquired during the marriage by the parties. Most times, equitable can mean equal, but depending on the circumstances, equitable does not always mean equal. There are numerous ways to divide a marital estate and the amount of the assets or property along with the amount of debt and the incomes of the parties are usually considered in such a determination. Consult with an expert family lawyer to learn more.

Spousal support or alimony is an issue in divorce cases and it can be temporary or permanent depending on the circumstances of the particular case. There are different types of alimony. The courts consider different factors to determine if alimony is to be awarded, and if so the type of alimony, the amount of alimony and the duration of alimony. Depending on the type of alimony, the alimony can be modifiable or non-modifiable. With the recent tax changes, alimony is no longer taxable to the recipient and deductible by the paying party.