Wednesday, August 31, 2011

Divorce in Evans, GA

Divorce in Evans, GA

All divorce cases in Evans, GA should go through some kind of court proceeding. Even if both parties agree about how to divide their property and handle custody, visitation, and support issues, the judge will still have to grant the divorce. In most states, divorce cases, contested and no-fault are dealt by a special court usually referred to as "family court,? "domestic relations court,? or ?divorce court.? These courts usually deal with only family-related lawsuits including divorce, child custody and support, and even, adoption. Divorce in Evans, GA is stressful for both spouses and the children. When there are children from the marriage, the stakes are higher. Divorce in Evans, GA has tax consequences. If you are granted spousal support, you have to report it as taxable income. If you are giving spousal support, you can deduct it. If you get alimony, you ought to plan for the potential tax impact of the income. Unlike an employer, your former spouse won?t withhold any taxes from your support payment. You should 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 as long as it goes both ways and you both agree by stating as much in the marital settlement agreement. You might do this if the spouse receiving support is in a higher tax bracket than the paying spouse or if the making spouse doesn"t need the tax deduction and the receiving spouse doesn"t want to report the income.

Augusta GA divorce lawyer & Georgia Military Divorce Lawyer

View the original article here

No comments:

Post a Comment