This seems like an easy one; income is what you earn. While true as far as it goes, saying that income is merely what you earn ” or is everything you earn ” does not tell the whole story in divorce.
Divorce is not just an emotional upheaval; it is a financial reckoning. Among the most contentious issues in divorce ...
Those receiving Social Security could see their alimony figures change after a state court ruled the benefits can be calculated as income for spousal support. The Colorado Court of Appeals ruled ...
Prior to the Child Support Standards Act, there was a wide disparity of child support awards due to a lack of clear standards and formulas. In 1995, the Court of Appeals stepped in to provid guidance, ...
The Tax Cut and Jobs Act (TCJA) impacts divorces occurring after Dec. 31, 2018, through the elimination of taxable/tax deductible alimony. The TCJA essentially nullifies the statutory factor of the ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
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