The Complexities Of Alimony
Alimony is determined by looking at the needs of one party and the ability to pay of the other party. There are many statutory factors that must be considered, so it is never a simple calculation. Not every divorce will result in one party receiving alimony.
If there are minor children and a party is awarded alimony, the amount paid in alimony is also used when determining the amount of child support awarded. If you need help with a spousal support issue, Lesley Turmelle Abbott, P.A., can help.
Currently, due to the changes in the tax code, alimony established after January 1, 2019, is no longer taxable to the recipient and is no longer deductible to the paying party. Ms. Abbott can explain the details, how the law applies to your case and help guide you through every part of the divorce process.