If you have recently gone through a divorce, it is possible that one of your monthly expenses includes alimony payments to your former spouse. Alimony is ordered for the purpose of equalizing any financial inequities that exist when the divorce is finalized. The...
Alimony
How to ensure you receive missed alimony payments
If you have been awarded a series of alimony payments from your ex-spouse in the state of Rhode Island, it is likely that you will be heavily dependent on these payments so that you can maintain your lifestyle. Making the transition to becoming financially independent...
How can I lower my alimony obligations?
After a divorce has been finalized in the state of Rhode Island, it is often the case that alimony is awarded to one of the divorcing spouses. This means that one party will need to make payments to the other former spouse for a certain amount of time. These...
How long does a Rhode Island divorce take?
No one starts a marriage thinking of divorce. But if the decision must be made, spouses serve themselves well to understand the environment of laws and obligations around ending a marriage. How easy is it to get divorced in Rhode Island? The Ocean State is generally...
Women are increasingly paying their husbands alimony
We often hear of women paying alimony to their ex-husbands only when they are extremely wealthy. For example, earlier this year it was reported that "Modern Family" star Julie Bowen's estranged husband was seeking support from the actress, who earns somewhere around...
How does retirement impact alimony?
When a person is ordered or agrees to pay alimony (spousal support) as part of a divorce, the amount and time frame are designated. Of course, changes to the financial situation of one or both of the former spouses may be grounds for modification of the original...
New tax law affects alimony payments
The new tax law was signed in late December 2017 and will affect taxpayers both positively and negatively in 2018. For those who go through a divorce in the coming year, one change is worth noting before filing taxes. The Tax Cuts and Jobs Act eliminates many itemized...
What’s the future of proposal to eliminate alimony deduction?
The U.S. House of Representatives has passed its version of the tax reform bill that was supported by most of its Republican members. It has now moved to the Senate. The Senate's current version of the bill, however, contains some significant differences. The House...
Requirements for tax-deductible alimony payments
If your divorce agreement requires you to pay alimony to your ex-spouse, one good piece of news is that it's likely tax deductible for you. However, the Internal Revenue Service (IRS) has specific requirements for alimony payments to be deductible. These requirements...
Various factors go into alimony support orders
One of the factors that is present in some divorces, but not all, is the possibility of spousal support. There are many different considerations that go into the order for these payments. Whether you are the party requesting the support or the party who might have to...

