Alimony

Alimony

Divorce trends of 2017

As society continues to change, the process of going through a divorce changes as well. Some once-common scenarios are getting rarer, while previous outliers become the new standard. Here are some strong trends observed in divorce that are expected to continue further...

Lump-sum spousal support payments

Kentucky residents may have to deal with the possibility of having to pay alimony when they get a divorce. Most people dislike having to make ongoing alimony payments every month because it reminds them of their failed marriages on a continuing basis. One possible...

Ex-NFL player owes child support and alimony

Football fans in Kentucky will be interested to hear that former New Orleans Saints player Robert Meachem owes nearly $400,000 in child support and alimony. Meachem, who played in the NFL for seven seasons, helped the Saints win the Super Bowl in 2010. On Nov. 28, a...

Johnny Depp divorce highlights tax issues

When Kentucky couples get divorced, they could face some of the same tax issues illustrated by the split between actors Johnny Depp and Amber Heard. The divorce settlement for the couple reportedly required Depp to pay $7 million to his ex-wife. Media outlets,...

Preparing for a divorce

The decision to divorce is one that most people in the state of Kentucky do not take lightly. Exactly what life will look like for a person once the process is complete will in part be determined by the financial settlement secured. Accordingly, it is important to...

What is Palimony?

Many people believe alimony is what the husband pays to the wife when divorce happens and palimony is what is paid to the husband should the wife’s personal assets exceed his. But the legal definition of palimony is actually the support paid from one member of an...

Actor seeks relief from alimony payments

Depending on each specific divorce, it is possible alimony could be a part of the final settlement. To the spouse who receives the monthly payment it can be what enables them to live a life that is similar to what they had when married. How long it will continue will...

Different types of alimony that may be available

Financial matters are often front and center where divorces are concerned. In addition to the division of assets, for some couples, the matter of spousal support might also arise. Though not awarded in every divorce, it may make sense if one spouse either did not earn...

What you need to know about alimony

Alimony, also referred to a spousal support, is awarded in some divorce situations. Though it is not automatically awarded, when it is, it could dramatically impact the lives of those involved. In this post we will provide some of the basics that someone going into...

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