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65 - What Will Happen To Alimony When It Can No Longer Be Deducted
Divorce Team Radio - Your Source for Divorce and Family Law Matters
English - April 02, 2018 16:00 - 44 minutes - 41.6 MB - ★★★★★ - 67 ratingsKids & Family Education attorney familylaw marriage childcustody childsupport divorce lawyer Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 64 - Exploring Tough Child Custody Situations Part 2
Next Episode: 66 - 5 Things That Can Block, Stop or Reduce Alimony
Starting January 1, 2019, Alimony settlements and awards will no longer be tax deductible. This has the potential to make an huge impact on Alimony. The ability to deduct alimony payments was very helpful to settling divorce cases, but that negotiation tool has now been removed by the recent tax law changes. How will it impact a Court's awards at trial? Will it mean that there will be smaller awards of alimony? We explore these questions and more in this show.