Category: Spousal Maintenance
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Spousal Maintenance (Alimony)
Spousal Maintenance (Alimony) Spousal maintenance, known as alimony, usually goes one of two ways. Either no spousal maintenance is necessary because you and your partner earn about the same amount. Or the higher-earning ex will pay alimony for a set timeframe. The length of maintenance is variable depending on the facts. There is no magic…
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Divorce Issues Facing Women Business Owners
Women business owners rock. I just spent a weekend at a retreat with twenty amazing women and it reminded be why I love working with these types of women in their divorces. Talk about multitaskers! How do we manage to do it all day in and day out? When do divorcing women fit in time…
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The New Tax Plan Puts Divorcing Couples in the Penalty Box
The new tax plan may make your divorce a little more expensive. The biggest reason is that under the new plan, spousal maintenance (commonly referred to as alimony) is no longer going to be a tax deduction to the person paying it and taxable income to the person receiving it. What is Spousal Maintenance? Spousal…
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How Much Spousal Maintenance Can I Expect to Pay In a Seattle or Bellevue Divorce?
In a King County divorce (which encompasses both Seattle and Bellevue), there is no magic formula that determines spousal maintenance. There are a number of factors the court considers and a wide variety of possible outcomes. Results are determined based upon two considerations: The idea behind spousal maintenance is that the non-wage earning spouse, or…