Alimony is only awarded if the party seeking it: (1) is dependent upon the other party for support; (2) lacks sufficient property, including any award of marital property, to provide for his or her reasonable needs; and (3) is unable to be self-supporting through appropriate employment, o...
5. Income tax return: Prepare in 5 steps 6. FAQs What is income tax? Income tax is the tax that governments collect from the businesses’ and individuals’ money earned throughout the year. The amount of tax is determined by how much money the business or individual makes. The U.S. ...
The topic of this book will be how to file your taxes and what options you have after that. This book will also discuss why some individuals pay more taxes than others and how it is determined who must pay what amount. This book will also cover a variety of methods for reducing the am...
Texas Washington Wisconsin Three other states—Alaska, South Dakota and Tennessee—are "opt in" states for community property.3Whether a state has a common law or community property system, the division of assets in a divorce also may bedetermined by a prenuptial agreement or a postnuptial agree...
In most cases, mothers get custody of the children and fathers are usually the ones who pay child support and alimony to fulfill their responsibility as non-custodial parents. However, when they are granted joint custody, the court determines the amount of child support each parent must pay bas...
Up to 60 percent can be withheld for other sorts of debts, and another 5 percent can be withheld if child support or alimony payments are more than 12 weeks overdue. Commission A commission is a sum of money given to an employee after completing a task, such as selling goods or services...
open:It’s inadvisable to leave your alimony terms open, as the courts will be able to declare the amount you’ll issue to your spouse for you. While this can be amended, the court is less likely to do so if you have terms in place that don’t include entirely waiving alimony ...
After an appraiser has determined the value of a business, depending on the state, the court may consider a number of factors: Whether the business existed before the marriage, and the percentage owned by each partner How involved each spouse was in running the business ...
Today, it is still possible to be thrown or remain in jail for debt. Debts of fraud, child-support, alimony, or release fines can land you in jail or prevent you from being set free. This is the government's goal when prosecuting income tax cases. Apparently we have become desensitized...