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Blog Posts in Alimony

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  • How Is Alimony Treated for Tax Purposes?
    How Is Alimony Treated for Tax Purposes?

    How Did the Alimony Tax Deduction Use to Work? For decades, the Internal Revenue Code allowed taxpayers to deduct payments made toward alimony from their taxable income for federal income tax ...

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  • Separation Agreements: Are They the Right Option for You?
    Separation Agreements: Are They the Right Option for You?

    In North Carolina, the court encourages divorcing couples to create their own separation agreements prior to divorce. Separation agreements should include: custody and support of children; alimony ...

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  • FAQ: What You Need to Know About Alimony
    FAQ: What You Need to Know About Alimony

    Question: What is alimony? A: Alimony is a type of financial support that one spouse has to pay to the other after their divorce is finalized. Alimony is also commonly called spousal support . ...

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  • Alimony in North Carolina
    Alimony in North Carolina

    The North Carolina alimony statute is N.C.G.S. 50-16.3A . Alimony is support paid from one spouse (the supporting spouse) to another spouse (the dependent spouse). Alimony is not the same thing as ...

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  • 5 Ways to Save Money During Your Divorce
    5 Ways to Save Money During Your Divorce

    Legal fees, court costs, alimony, child support. . . going through a separation or divorce doesn’t just take an emotional toll on people, but it can tax their bottom line as well. This common-sense ...

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  • The Real Myths and Facts about Abandonment - Part 2
    The Real Myths and Facts about Abandonment - Part 2

    In Part 1 of this series , I wrote about some common misconceptions regarding abandonment in North Carolina. There remains a great deal of confusion surrounding abandonment, but it does not play as ...

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