Monthly Archives: December 2018
Tax Implications with Spousal Support
Spousal support, previously known as alimony, is a stream of payment that an individual is obligated to pay to their spouse after a separation or divorce. It is also termed as financial support, maintenance, or subsistence. No matter what terminology is used, spousal support has certain tax implications that need to be considered during… Read More »
Commingled Property in a Divorce
Division of property and assets can be an extremely complex and difficult task during a divorce. It becomes even more complex when a commingled property is involved during the settlement negotiations as deciding who owns the property can be a huge issue, especially if spouses do not keep a detailed accounting record of their… Read More »