Tag Archives: divorce agreements

What You Should Know About Divorce, Alimony and Taxes

The overhauls to the tax system that went into effect last year have made matters a bit more complicated for divorcing spouses. Under the new system, alimony payments are no longer tax deductible for the person paying them, and are no longer considered taxable income for the person receiving them, which reverses a practice that… Read More »

Enforcing the Return of Property after your Divorce

It’s somewhat common for divorce agreements to include instructions for one spouse to transfer certain property to the other. However, after the divorce is finalized, you may find that your former spouse is not compliant with the settlement and refuses to relinquish your property. Taking legal action When your former spouse refuses to release items… Read More »