If you are a stay-at-home parent considering divorce, you may have concerns about making ends meet after the divorce when you have been financially dependent on a spouse. Alimony or spousal maintenance is not always awarded in a Wisconsin divorce, but with the help of an experienced attorney you may be able to present a […]
Terminate or Reduce Spousal Support
When you are ordered to pay Wisconsin spousal maintenance as part of your divorce, you may wonder what circumstances trigger the termination of the spousal support, aka alimony, payments or what you can do to reduce the amount you have to pay. An award of temporary or rehabilitative maintenance meant to provide time for a […]
Court Order for Wisconsin Alimony
If you have been awarded rehabilitative alimony for a period of time or permanent alimony, you may wonder how you will receive the spousal support payments and what you can do if your spouse does not make payments as ordered. If a paying spouse does not want to get tangled-up with making court ordered monthly […]
High Asset Divorce Lawyer
Financial issues in a divorce fall along a spectrum of simple to complex. High asset divorces may include determining the proper value of assets including a business or professional association, commercial real estate holdings, vacation properties, trust accounts, investment and retirement portfolios and any number other property including horses, farms, fine art, jewelry and collectibles. […]
Health Insurance Coverage Following a Divorce
It is not uncommon for one spouse to be covered under their spouse’s employer-sponsored health insurance plan. When couples divorce, a covered spouse can elect to continue on their ex-spouse’s coverage for up to three years under COBRA. However, although COBRA is certainly a way to bridge the gap following a divorce, it is not […]
Finalizing Your Divorce in 2018 May Save You Money
A reminder to those considering divorce…new tax laws will impact how spousal maintenance is treated beginning January 1, 2019, which can make a difference in how much money remains in the the family unit. Current Tax Laws and Spousal Maintenance Spouses who pay alimony that finalize their divorce on or before December 31, 2018 will […]
Wisconsin Alimony
Many spouses from the baby boomer generation divided the responsibilities of a family by having one earn income outside of the home, aka the breadwinner, while the other stayed home with the children, perhaps while holding down a part time job to make ends meet. Flash forward 20 years and nearly 50 percent of couples […]
Alimony Tax Deduction Set to Change
Spousal maintenance, or Alimony as it is sometimes referred to, is a legal obligation to provide financial support to a spouse after a divorce or separation. Alimony, unlike child support, is decided on a case by case basis, either through the process of negotiating a divorce settlement agreement between the parties or by order of a […]