Support While Your Divorce is Pending
Alimony may be awarded to a spouse in need of financial assistance in meeting living expenses after a divorce. But Pennsylvania law also recognizes the right of some spouses to receive financial support prior to the divorce being filed or while it is ongoing. There are two types of support that can be ordered prior… Read More »
How Spousal Support Differs from Alimony in Pennsylvania
When you’re going through a divorce, you’ll be exposed to an array of legal terms and phrases, some of which have specialized meanings that may differ from your common understanding. As an instance of possible confusion, alimony and spousal support are not the same thing under Pennsylvania law. Alimony is paid by one spouse… Read More »
Special Issues Facing Pennsylvania Couples in High-Net-Worth Divorces
Divorces between wealthy Pennsylvania couples may develop into complicated and lengthy proceedings. Spouses with valuable and diverse assets will face issues unlike those that arise in a typical divorce, chiefly concerning the identification and valuation of property for purposes of equitable distribution. High-net-worth divorces often involve complex assets, such as multiple real estate interests, pension… Read More »
Will the Federal Tax Cuts and Jobs Act Affect Your Alimony?
People who are new to paying alimony will no longer be able to deduct their payments when they file their federal income taxes, thanks to the federal Tax Cuts and Jobs Act (TCJA) signed into law in 2017. This also means that those who receive alimony no longer have to report it as taxable income…. Read More »
What Is Alimony and How Is It Calculated?
People use the term alimony loosely to refer to maintenance payments an ex-spouse makes to a former spouse. In Pennsylvania, however, there are three such terms for these payments, and each denotes support at a particular time in the process: Spousal support — Amounts paid after the couple agrees to live “separately and apart,” but… Read More »