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People must plan for financial changes following divorce


Considering how serious a decision it is to get divorced, it's understandable that many people will hesitate before making their decision. Oftentimes, there are conflicting emotions, uncertainly or a desire to try to fix marital problems. In other situations, the hesitation is more about practical considerations such as how the divorce will change the person life, whether they will receive adequate alimony or how it will affect their children.

Former wrestler faces jail time over missed alimony


When a couple goes through a divorce, alimony may be settled upon during mediation process or ordered by a judge. Oftentimes this agreement seeks to compensate a spouse for the economic sacrifices they made have made by forgoing a career in order to raise children or keep a household. Consequently, these individual often come to rely on these payments while they seek to regain their financial independence. For this reason, alimony settlements are a strict legal obligation, and failing to pay them can have significant legal consequences.

Cell phone data used as proof of cohabitation in alimony cases


When the Massachusetts Alimony Reform Act of 2011 was signed into law, it brought with it several changes to the way alimony could be paid out. Perhaps most notably, it put an end to the notion of permanent alimony, instead instituting a new system to determine how much a spouse could be entitled to and for how long payments needed to be made. These determinations are now made based on factors such as how long the marriage lasted, as well as the income levels of the payer. One of the less talked about changes involves cohabitation, and some individuals are now using cell phone data to try and end their alimony payments.

Debate over Alimony reform continues as new law goes into effect

As new alimony reform laws are settling into place in Massachusetts, alimony reform laws are being considered in other states throughout the nation as well. Most notably, the Florida state legislature recently passed an alimony reform bill, but the bill was vetoed by their governor. However, while the issue has been settled in Massachusetts, at least for the time being, the debate over whether alimony reform is beneficial still continues.

Massachusetts leads the pack in alimony payments

There are many complex and emotional issues that must be addressed during the course of a divorce. While each of these issues comes with its own difficulties, the most controversial is often alimony. Alimony, also known as spousal support, is a monthly payment made by the higher income spouse to the lower income spouse. The purpose of alimony payments is to correct any unfair financial consequences that may develop as a result of the divorce.

Changes in Massachusetts have other states taking notice

As a society changes sometimes laws need to be changed as well. Many of our Massachusetts readers probably know that the state has undertaken some drastic changes to alimony law in recent years, and as a result other states have begun to take notice. Changing family dynamics and the economic recession of recent years have had a huge impact on American society, and Massachusetts has not gone unaffected.

John Cleese struggling to meet alimony obligations

Massachusetts residents and comedy fans would likely recognize John Cleese as the outrageously funny Monty Python actor staring in many television shows and popular films. Recently, the news has exploded with information regarding the actor's eye-catching alimony obligations.

Ex-wife will receive $4 million of alimony - each month

The details of divorce settlements are often unique to each couple. Some divorces may result in joint custody of children, whereas others may give one parent sole custody. In addition, some divorces end with one spouse receiving just child support payments, yet others result in alimony and child support payments.

Working through post-divorce finances

Discussions regarding property division will most likely come up during a divorce. In addition to separating physical possessions, couples will also probably talk about separating their finances. Since most married couples combine their finances, a divorce can have a significant impact on the financial security of both spouses.

Marc Anthony pays ex-wife alimony and child support monthly

Some divorces result in one spouse paying child support to the parent with primary custody. Other divorce settlements declare that alimony payments will be paid from one spouse to his or her former spouse. Grammy-winning singer Marc Anthony pays his former wife and the mother of his two sons both child support and alimony.

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