In Rhode Island, some spouses who go through a divorce may be ordered to pay alimony. In addition to creating a strain on personal finances, it can cause other problems as well. How long alimony lasts depends on the type of alimony awarded and other factors. There are...
Alimony
Alimony and mortgages
Alimony is a legal obligation for one spouse to provide financial support to their former spouse after a divorce. It can affect various aspects of a Rhode Island divorcee's financial life, including their ability to qualify for a mortgage. Income considerations...
How does alimony affect your taxes?
Tax season tis a stressful time for many people. This is particularly so if you've been through a divorce and need to know how you should report alimony payments. The answer isn't the same for everyone, and the main factor is when your divorce happened. Was your...
Do nonworking parents receive alimony in Rhode Island?
There was a time when nonworking spouses in Rhode Island and around the country could expect to receive alimony for prolonged periods or even permanently after a divorce, but this type is rarely awarded today. Instead, spousal support is usually awarded for as long as...
What you need to know about alimony in Rhode Island
One of the most important aspects of getting a divorce is settling on an alimony agreement. Unfortunately, failing to understand how alimony works can result in an unfair agreement, and that's why you need to keep these issues in mind. The meaning of alimony Alimony,...
Can you for your ex-spouse to find a job?
Getting a divorce can create financial anxiety in many people, especially if make more money than your ex-spouse. Most divorces in Rhode Island only award alimony on a temporary basis. When does Rhode Island grant temporary alimony? In most cases, alimony awarded by a...
What a court considers in determining alimony
When a couple in Rhode Island goes through a divorce, one person may be required to pay alimony to the other. The court takes a number of factors into account when determining whether there should be alimony, how much it should be and how long it should last. Length...
What separates alimony and child support payments?
In the state of Rhode Island, individuals may be entitled to alimony and child support as part of a final divorce settlement. Whether you are entitled to receive these types of assistance depends on a number of factors unique to your own case. Let's take a look at the...
Things you should know about alimony
When a couple in Rhode Island goes through a divorce, one spouse may experience a drastic financial setback. For example, a stay-at-home parent may be unprepared to suddenly lose the financial support of the working spouse. In situations like this, the issue of...
Changes in alimony could affect estate planning
Alimony, or spousal support, is a factor in many divorces in Providence, Rhode Island. The IRS shows that people received over $10.4 billion and paid over $12.6 billion in 2016. Until 2017, alimony was tax-deductible to the payer and taxable to the recipient. Tax...