When it comes to the divorce process, you need to think about a number of financial topics. From child support to the division of marital property, divorce could impact your finances in various ways. Some people have to pay alimony after ending their marriage, and you...
Helping You Overcome Life’s
LEGAL CHALLENGES
Negotiating alimony in your favor
Receiving a court order to pay alimony might throw a wrench in your finances. Juggling the adjustment to a single income on top of divorce-related expenses is not for the faint of heart. Proactively adjusting your budget can help you to prevent the legal repercussions...
Will spousal support impact your ability to get a mortgage?
When making a decision about spousal support during your divorce, you should think ahead and understand how it may impact your finances in the future. One example is if you will want to secure a mortgage. Paying spousal support becomes a debt in the eyes of a lender,...
How do judges decide on spousal support amounts?
You have a lot to mark off your divorce checklist. You must cross off a few items before addressing spousal support, but you want to get a head start. Forbes breaks down how judges decide how much a divorcing spouse pays in child support. Get an idea of the factors...
What are the tax laws for alimony?
There have been some recent changes in alimony tax laws. They can be a little confusing because there is a grandfather clause that means not everyone's situation will be the same. The IRS explains that you also need to make sure the payments you receive are alimony...
Can I modify my alimony order?
After your divorce, changes in your life could lead you to a situation where your spousal support payments are making it financially difficult for you. If this happens, you can request a modification from the court. The Pennsylvania General Assembly explains that to...
How does alimony work in Pennsylvania?
If you and your spouse are divorcing, your financial circumstances will likely change. Your spouse may have earned more than you during your marriage. Without their income, you might have concerns about maintaining your standard of living or making ends meet. Yet, you...
Alimony disputes can be contentious
Alimony is typically the last issue decided in a Pennsylvania divorce case. For the most part, child custody and support as well as property division are considered greater priorities. Nevertheless, alimony can prove to be a major source of disagreement between former...
