Divorce proceedings are complicated. Any mistake you make can affect the outcome. First of all, you must be prepared for a long battle. Remember, your spouse may fight dirty. You should be prepared. Expect the worst reaction from your spouse. Never have totally unrealistic expectations or demands of what you will gain from the divorce. Make your demands reasonable and don’t expect that you’ll get everything. The key in approaching divorces is to have realistic expectations, focus on problem solving and do everything you can to help your own case.
Alimony known as spousal support or maintenance is support paid by one spouse to another. Although the law is usually written to permit either husband or wife to receive alimony, it is rare for a woman to pay alimony to a man. Child support is paid until a child reaches the age of majority or is “emancipated. Emancipation in theory is when the child is old enough to be self supporting. Many states and most separation agreements provide that a child is emancipated when the first of several events occurs: getting married, graduating from high school, or entering military service.
If you receive spousal support, you need to plan for the potential tax impact of the income. Unlike an employer, your former spouse won’t withhold any taxes from your support check. You can deduct spousal support payments on your income tax return, but not child support or property distributions. You can, however, make spousal support payments nontaxable and nondeductible as long as it goes both ways and you both agree by stating as much in your marital settlement agreement. You might do this if the spouse receiving support is in a higher tax bracket than the paying spouse or if the paying spouse doesn’t need the tax deduction and the recipient spouse doesn’t want to report the income.
Contact us if you are planning on a divorce in Macon GA (Georgia), or in Roberta, Warner Robins, Forsyth, Byron-Centerville, Culloden, Fort Valley, Haddock, Jeffersonville, Lizella, Perry, Gray, Irwinton, Milledgeville and Vienna including Bibb County, Monroe County, Jones County, Crawford County, Peach County, Twiggs County, Baldwin County, Dooly County Houston County, Wesleyan College, Macon State College and Mercer University. Our divorce attorneys are based in Macon GA (Georgia).
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