There is nothing more inevitable than changes in divorce. Family affairs must constantly adapt to new conditions, making Kentucky courts accustomed to revisiting and adjusting divorce decrees. If you, your ex-spouse and your child are experiencing significant life...
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alimony
How long does alimony last?
Alimony, or spousal support, is a court-ordered agreement in which one spouse must provide financial support to the other during or after a divorce. The goal of alimony is to provide for a spouse’s financial well-being until he or she can survive independently. If the...
What are some alimony alternatives?
One of the perks of a high asset divorce in Kentucky is that you have more assets to use in your negotiations with your spouse. This can be quite beneficial when it comes to paying alimony. According to Investor's Business Daily, finding different ways to appease a...
Lump sum alimony may be a solution in your Kentucky divorce
What does the word alimony make you think of? If you are like most people, you probably think about one spouse making regular monthly payments to his or her ex. What many people fail to understand is that alimony, or spousal support, is much more flexible than it was...
Facing the sensitive subject of alimony in your Kentucky divorce
Attorneys can counsel clients for hours about what to expect during divorce, yet it seems something unexpected or challenging will still happen to complicate matters. Alimony or spousal support is one such issue that can take an otherwise amicable divorce and spin it...
Understanding what alimony is and how it is awarded
When a couple decides to go their separate ways and dissolve their relationship, among one of the reasons each of the partners in the marriage will rush to hire their own attorneys is to protect their access to the lifestyle they are accustomed to living. While some...
Can alimony payments impact your credit worthiness?
While the most important considerations for seeking alimony payments are often whether you need the extra support to sustain your lifestyle post divorce, you might also want to remember that these extra payments can play into other decisions in the future. One area...
Have you answered these alimony questions?
If you are going through the divorce process, you may soon begin to think about your financial future. This includes a variety of questions in regards to property division, child support and alimony. Alimony, also known as spousal support, is a payment that one...
Some basic information about alimony determinations
Alimony is a payment from one former spouse to the other following a divorce. Traditionally, alimony is seen as being paid by the man to the woman, but a breakaway from traditional gender roles in marriage has made that notion outdated. Alimony might be required of...
What payments are considered alimony?
For purposes of determining alimony payments to report on tax returns, the Internal Revenue Service provides some fairly specific breakdowns on what is and is not considered alimony support by the IRS. Child support, for example, is not considered alimony, while...
