Alimony and child support are often confused with each other. This mix-up is understandable because they are both types of financial support that can be awarded when couples divorce or have custody cases in the family courts. This blog will talk about alimony and child support and how they are different...
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Category: Alimony
What Is the Difference Between Temporary Spousal Support (Or Alimony) and “Permanent” Spousal Support?
One of the most common concerns a person has when contemplating divorce is whether they will be entitled to financial support from their spouse. This concern is especially understandable where one spouse may have been out of the workforce for some time or is at home with young children. Our North...
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How a Coronavirus-related Income Loss Could Affect Your Alimony and Child Support
One of the many adverse consequences of the COVID-19 pandemic has been its impact on the payment of child support. Either the parent paying or receiving child support payments might have lost their job because of the pandemic, a parent might lose time from work when they catch COVID-19 or because...
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North Carolina Child Support Guidelines
Child Support guidelines vary between states, if you are divorced, separated or looking to become separated knowing your states child support guidelines is extremely important. All of us here at the law firm of Greene Wilson Crow & Smith are well versed in the ins and outs of North Carolina child support guidelines, and...
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New Tax Bill Just Erased Your Alimony Deduction
President Trump recently signed the giant tax overhaul that includes a provision scraping a 75-year-old tax deduction for alimony payments.
Alimony payments, typically defined in the terms of a divorce settlement, are the payments someone gives to an ex-spouse who earns less money. Statistics vary, but The IRS says that approximately 600,000 Americans claimed an...
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Spousal Support in North Carolina
Sometimes You Can’t Make it on Your Own: Spousal Support in North Carolina
If you were to divorce your spouse today would you be able to financially support yourself? In many marriages only one spouse is gainfully employed as more and more couples decide to have one parent stay at home to raise or homeschool...
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