Sadly, your marriage or domestic partnership is ending. Your reality now includes understanding what is alimony, who pays whom, how much, and for how long. Here is what you need to know about alimony. What is Alimony? Alimony, also called ‘spousal support,’ is money paid by one spouse to the other to help the other…
The overlap between dating a new person and divorcing your spouse is a difficult time, even though you are not cheating on your spouse it can still be an awkward position to be in and questions may pop up. Such as when you are in the midst of a divorce, are you even allowed to…
Do you hate when people say, “back in the old days?” I suppose it depends on who you are asking when it comes to alimony, known in Washington as spousal maintenance or spousal support. Because, back in the old days, the man seemed to always pay because the husband was usually the one bringing home…
Many couples assume that a prenuptial agreement is unnecessary. When two people get married at a relatively young age, neither person may have the assets or career that would seem to warrant a prenup. However, as the marriage goes on circumstances may change, and you could end up dealing with a messy, expensive divorce. This…
According to the latest U.S. Census Bureau report, 14.6 million Americans, or one-tenth of the nation’s workforce, identifies as self-employed. With more people working for themselves than ever, calculating child support payments is becoming more complicated. If you or your former spouse is self-employed, be aware of how the court will use employment information to…
There are many advantages in life to having a high net worth. Unfortunately, quick and easy divorces are often not one of them. Divorce between couples who are worth a significant amount of money takes skillful planning and negotiation. If you are concerned that your net worth may be affected by your divorce, read on…
To paraphrase T.S. Eliot, sometimes marriages end not with a bang, but with a whimper. When your former spouse simply disappears rather than stays around to face a divorce, you will not be stuck in a one-sided marriage forever. Even if no one in the world can find your spouse, you still have the ability…
Divorce rates for people over the age of 50 have skyrocketed in the past 30 years. For the first time in history, older adults are more likely to be divorced than they are to be widowed, and the divorce rate is expected to continue climbing as the Baby Boomer generation ages. Dubbed “gray divorces,” the…