Trump Tax Bill Eliminates Alimony Deduction: Another Big Reason To Avoid Marriage And Get Divorced Before December 31, 2018

The Trump tax plan which was enacted into law on December 22, 2017 has been touted for all its benefits in reducing corporate tax rates and streamlining taxes for individuals.  One big loser of the Trump tax plan – unhappily married or soon to be married men.  Perhaps because Trump is on his third wife and has an iron clad prenup which he has fine tuned over the years and…

Read More

Can I Stop Paying Spousal Support And Move On?

As a lawyer, my first disclaimer is this… this is not legal advice. It is information and opinion.  My second disclaimer is that these are not family court/social worker sanctioned opinions. OK, now read on. First, the basics. If you are the higher earning spouse and have been married for any length of time, in many jurisdictions such as California (and other states), you may have to pay spousal support…

Read More