How Are Profit-Sharing Plans Divided In Divorce?

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Question: My divorce agreement specifies that I pay a percentage of any profit sharing that I get from my work each year. My ex-wife feels I should pay her the percentage of pre-taxed profit sharing payout. I think I should pay her the percentage after the taxed payout. Who is

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DadsDivorce Live: The Alimony Recapture Rule

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Paying alimony is a big enough hassle already, but imagine getting an unfriendly letter from the IRS forcing you into an audit and assessing taxes for three years of income you previously deducted. That’s what can happen under the alimony recapture rule. 

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Terminating Child Support When Obligation Ends

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Question: My obligation for paying child support is ending soon. My separation agreement stipulates that child support shall continue until my daughter’s 19th birth or she becomes emancipated. Is there anything I have to do to end my child support obligation or do I just stop paying when the time

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Is She Entitled To Alimony?

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Question: My wife had an affair that eventually led to divorce. She does not work by choice but is fully capable of holding a job. Will I be required to pay her alimony since I was not at fault for causing our marriage to dissolve?

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