Athens Georgia Alimony – Divorce law firm

Athens Georgia Alimony – Divorce law firm

Athens Georgia spousal support

If you receive spousal support, you ought to plan for the likely tax consequences of the income. Unlike an employer, your past spouse wont hold back any taxes from your support payment. You must deduct spousal support payments on your income tax return, but not child support or property distributions. You can, also, make spousal support payments nontaxable and nondeductible if goes both ways and both spouses agree by stating as much in the marital settlement agreement. You might do this if the spouse getting support is in a higher tax bracket than the paying spouse or if the making spouse doesnt need the tax deduction and the recipient spouse doesnt want to report the income.

spousal supportin GA is either rehabilitative or permanent. maintenanceis money for support given to a party by the other spouse. Alimony can be for a short or long period of time. Usually spousal supportis grantedawarded by the court only when a long term marriage is dissolved. The other spouse should be able to pay spousal maintenanceif the judge is to grant alimony to the other spouse. Alimony may also be granted short-term before a final divorce decree is given.

———————————
Athens GA Divorce Lawyer – Athens GA Uncontested Divorce – Contested Divorce Attorney

Our family law firm handles cases in Athens, Georgia. Our Georgia divorce lawyers represent clients in Athens and the Athens-Clarke County area.