Augusta Georgia Alimony – Divorce attorney

Augusta Georgia Alimony – Divorce attorney

Richmond County Georgia alimony

If you are granted spousal support, you ought to plan for the likely tax impact of the income. Unlike an employer, your former spouse will not withhold any taxes from your support payment. You can deduct spousal support payments on your income tax return, but not child support or property distributions. You can, also, make spousal support payments nontaxable and nondeductible if goes both ways and both spouses agree by stating as much in your marital settlement agreement. You should consider doing this if the spouse receiving support is in a higher tax bracket than the making spouse or if the giving spouse doesnt need the tax deduction and the receiving spouse doesnt want to report the income.

Georgia spousal maintenance can be either rehabilitative or permanent. alimonyis money for support paid to a spouse by the other party. Alimony can be for a short or long time. Usually spousal supportis grantedawarded by the judge only when a long term marriage is dissolved. The other party must be able to pay maintenanceif the judge is to grant alimony to the other spouse. Alimony may also be awarded short-term before a final divorce decree is granted.

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Shawn Gunder is an Augusta GA divorce lawyer & Georgia Military Divorce Lawyer He is an Augusta military divorce lawyer, GA child custody attorney and Augusta Georgia child support attorney.