Before the 2017 Tax Cuts and Jobs Act (TCJA), payments that met the tax-law definition of alimony could always be deducted by the payer for federal income tax purposes. And recipients of alimony ...

The payor can use their earnings that they would have used to pay alimony to buy more stock to replenish their portfolio. In addition to the tax savings, it can be ideal to use a lump sum transfer ...

An alimony payment—also called a “spousal” or “maintenance” payment in some parts of the United States—is a periodic, predetermined sum awarded to a spouse or former spouse following a ...