This is an advertisement.

Divorce Advice for Men | Fathers' Rights Divorce | Child Custody

Providing men with essential divorce advice, fathers' rights divorce information and child custody articles. Dads Divorce is a community for men facing divorce or fathers' rights issues and run by Cordell and Cordell. Cordell & Cordell is a family law firm with a focus on men's divorce, child custody and fathers' rights divorce.
Tags >> alimony
Aug 20, 2012

alimony buyoutBy Cordell & Cordell Divorce Lawyers

An alimony buyout, often referred to as lump sum alimony, is an upfront, one-time payment to the recipient party, which is less than the equivalent of the present day value of the payments over time.

In most cases, the interests of persons asked to pay spousal maintenance are better served by offering an immediate buyout of alimony in return for a waiver that would preclude the court from modifying spousal support in the future.

This buy-out may occur as part of a property settlement that favors the party seeking maintenance.

To determine what amount to offer or accept as an alimony buyout, it is important to consider the present value of the asset and the tax consequences.

Aug 18, 2012

Omaha Nebraska Divorce LawyerQuestion:

I have been trying to divorce my wife for several years. I have been paying her alimony throughout the pendency of the divorce.

I recently found out she has been living with another man who financially supports her.

Can I petition the court to terminate spousal support if my wife is cohabiting with another man in his house?

Aug 09, 2012

divorce lawyer Daniel ExnerQuestion:

I am paying off half of my ex-wife's car, per our divorce decree. Her new husband is now also driving this car.

It bothers me that I'm paying for a car that my ex-wife's husband is now driving.

Would it be worth it to go to court to see if I can have this car payment removed from my divorce agreement?

Jun 15, 2012

New Jersey divorce lawyerQuestion:

My soon-to-be ex-wife is a stay-at-home mom and has been since our marriage almost 20 years ago. She wants me to fund her tuition at a local community college in order for her to return to the workforce in addition to paying her alimony.

Are there any legal parameters or customary judgments surrounding the ex-husband's support of tuition costs above and beyond the already calculated and agreed upon alimony payment?

Jun 13, 2012

alimony recapture ruleBy Jennifer M. Paine

Cordell & Cordell Divorce Lawyer

My previous article "What Is The Alimony Recapture Rule?" discussed the three-year alimony tax trap known as the recapture rule.

This rule forces the alimony payer to report as income the alimony payments he previously deducted, which means the payee spouse is entitled to reduce from income the alimony payments previously received.

So how do you avoid the recapture rule and the subsequent tax nightmare? Discuss these five tips with your attorney and your CPA:

Divorce, Child Support, Alimony Information.
Men's Rights Website