In Arizona, we refer to alimony as spousal maintenance and there isn’t a particular number of years people must be married in order for spousal maintenance to be ordered. There are many factors a court will consider. For more details, contact me, Greg Davis at Davis Limited, (602) 279-1900.
By: Greg Davis
In Arizona, we refer to alimony as spousal maintenance and there isn’t a particular number of years people must be married in order for spousal maintenance to be ordered. There are many factors a court will consider. For more details, contact me, Greg Davis at Davis Limited, (602) 279-1900.
By: Greg Davis
Alimony is referred to in Arizona as spousal support or spousal maintenance. The parent that receives alimony must report those payments as taxable income on his or her federal and state tax returns. A spouse that pays alimony must report those payments as a deduction on their federal and state tax returns. However, the parties can agree to treat alimony differently, as far as it’s taxability. They can agree to treat it is part of a property settlement or as part of an equalization. In that instance, there is no reporting of alimony on either party’s tax returns at all. If you have any questions about alimony and the taxability of it, please contact me at Hildebrand Law. The phone number is (480) 305-8300. Thank you.
Alimony is referred to in Arizona as spousal support or spousal maintenance. The parent that receives alimony must report those payments as taxable income on his or her federal and state tax returns. A spouse that pays alimony must report those payments as a deduction on their federal and state tax returns. However, the parties can agree to treat alimony differently, as far as it’s taxability. They can agree to treat it is part of a property settlement or as part of an equalization. In that instance, there is no reporting of alimony on either party’s tax returns at all. If you have any questions about alimony and the taxability of it, please contact me at Hildebrand Law. The phone number is (480) 305-8300. Thank you.
In Arizona, most people can modify spousal support upon a showing of substantial and continuing changes in circumstances, such as the loss of a job. However, some people execute marital settlement agreements, or property settlement agreements when they are divorcing. Some of these agreements contain non-modifiable spousal maintenance provisions. In those circumstances, spousal maintenance cannot be modified. For more details, please contact me, Greg Davis at Davis Limited, (602) 279-1900.
By: Greg Davis
In Arizona, most people can modify spousal support upon a showing of substantial and continuing changes in circumstances, such as the loss of a job. However, some people execute marital settlement agreements, or property settlement agreements when they are divorcing. Some of these agreements contain non-modifiable spousal maintenance provisions. In those circumstances, spousal maintenance cannot be modified. For more details, please contact me, Greg Davis at Davis Limited, (602) 279-1900.
By: Greg Davis
That is perhaps the most difficult question that lawyers and judges have to make in these cases. There are so many variables that have to be considered that I could actually discuss them for the rest of the afternoon. There’s the age of the parties, how long they have been married, there’s how much money does each one of them make.
For example, if a lady with a 20-year marriage is making $150,000 a year, no judge is going to award her spousal maintenance. His or her attitude will be that she can support herself, as she obviously can. But then after a decision is made whether a party qualifies to receive spousal maintenance, there’s a wide range of other things like standard of living that has been achieved during the marriage, health of the parties. You not only have to consider how much the wife may be earning, but you have to consider how much the payer is earning and whether he could pay spousal maintenance. All of those things have to be considered and we encourage people to give us a ring and talk to us about it.
By: CD Owens
That is perhaps the most difficult question that lawyers and judges have to make in these cases. There are so many variables that have to be considered that I could actually discuss them for the rest of the afternoon. There’s the age of the parties, how long they have been married, there’s how much money does each one of them make.
For example, if a lady with a 20-year marriage is making $150,000 a year, no judge is going to award her spousal maintenance. His or her attitude will be that she can support herself, as she obviously can. But then after a decision is made whether a party qualifies to receive spousal maintenance, there’s a wide range of other things like standard of living that has been achieved during the marriage, health of the parties. You not only have to consider how much the wife may be earning, but you have to consider how much the payer is earning and whether he could pay spousal maintenance. All of those things have to be considered and we encourage people to give us a ring and talk to us about it.
By: CD Owens
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