On behalf of Eisenberg & Spilman, PLLC | Jan 27, 2020 | alimony
Preparing for a divorce when you are over the age of 50 requires careful planning because your financial circumstances may change significantly. While you could generally expect to receive alimony or spousal support, it may not be in the amount that maintains your...
On behalf of Eisenberg & Spilman, PLLC | Nov 25, 2019 | alimony
If you are about to undergo divorce proceedings in Michigan, you might have some questions about alimony and how it works. To the uninitiated, alimony has an aura of mystery about it, so it is not unusual for people to have a few misconceptions about it. The term...
by laura eisenberg | May 30, 2019 | alimony
In some cases, a spouse the court orders to pay spousal support may wish to simply pay the full alimony amount up front – a “lump sum” alimony payment. They avoid the frustration of making a payment every month, and both parties can move on. A lump sum has a few...
by laura eisenberg | Sep 19, 2018 | alimony
Spousal support, or alimony, can be a contentious matter in Michigan divorces. Often, one person feels entitled to this financial support and the other person has every intention of avoiding this responsibility, which makes it exceedingly difficult to reach...
by laura eisenberg | May 16, 2018 | alimony
The transition out of marriage is a difficult one for most people. After all, it is a challenge to untangle lives, rebuild a sense of stability and start this new chapter. This is especially true for a person who was financially dependent on his or her spouse. If you...
by laura eisenberg | Feb 2, 2018 | alimony
The recent tax law, the Tax Cuts and Jobs Act, changed the federal deductibility of alimony. In divorces finalized during 2018, alimony is tax-deductible for the payor and taxable income for the recipient. On Jan. 1, 2019, however, the new tax law changes that. For...
by laura eisenberg | Jan 13, 2018 | alimony
The new tax bill and its implications on divorces might have caused confusion for many couples in Michigan and other states. Those who were considering divorce might have tried to get it done before the New Year. However, the new alimony tax laws will only apply to...
by laura eisenberg | Jan 4, 2018 | alimony
Divorced people in Michigan are often dependent on the spousal support they receive from a former spouse — even if it is only until he or she has established a regular income. However, payments may be withheld, leaving the question of possible enforcement. That...
by laura eisenberg | Dec 8, 2017 | alimony
There are plenty of issues that any divorcing couple needs to handle before they can finalize they divorce. One of the issues that often comes up is alimony, a critical form of compensation that is awarded in certain cases. The determination for alimony is based on...
by denise alexander | Sep 11, 2017 | alimony
In the eyes of the court, both parties should be able to continue to sustain their lives after a divorce. For this reason, one party may need to continue to provide financial support for the other in the form of alimony. Whether you are giving or receiving alimony, it...
