Divorce among military families can be emotionally and logistically complicated. One area of military divorce just got tougher: how the federal government splits military pensions between divorcing spouses. The new appropriations and authorization for 2017 National Defense Authorization Act, signed by President Obama on December 23, 2016, contained the first changes (Sec. 641 of S.…
Read MorePennsylvania divorce law clearly maps out financial responsibilities for divorcing parents. Is paying for college among the legal requirements of Support? No, and here’s why. In Blue v. Blue in 1992, the state Supreme Court reversed a lower court ruling that specified an amount of annual support be paid by a divorced father for his son’s…
Read MoreIf you pay or receive alimony, who pays the taxes? The quick answer under federal tax law is: if you are receiving “qualifying” alimony payments, you must declare the payments as income and pay taxes on the amount received. If you are making the alimony payments, you are able to deduct the amount you have…
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