Over 4,000 people divorce each day in our country. Some do so after many years of marriage and in the context of very unequal spousal incomes. Such divorces often require alimony to achieve a fair ...
Forbes contributors publish independent expert analyses and insights. I write about retirement and wealth transfer planning. Though spousal support often seems to receive the most attention in a ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...
Q. When I divorced, I agreed to pay my wife alimony and child support, and to pay for my life insurance with her as a beneficiary. That way, if I died, she’d have money to raise the children, put them ...
Note: The editors of Kiplinger's Personal Finance magazine and the Kiplinger Tax Letter are answering questions about the new tax law from subscribers to our free Kiplinger Today daily email. See ...
Discrepancies between the amount of alimony deducted by payers and reported as income by its recipients increased by 38% in six years, to $3.2 billion for tax year 2016, the Treasury Inspector General ...
Note: For more about financial planning and divorce, see our recent report by behavioral scientist Sarah Newcomb, The Big Split: Minimizing Conflict in Divorce Financial Planning. Q: Can I still ...