Alimony: An Overview
High-end divorce or a normal divorce, it is important to remember that there is no entitlement to pay or receive alimony and no simple formula to determine the amount of spousal support to be paid. Every family and every case is different. At the LAW OFFICES OF PIAZZA & SIMMONS, LLC, we treat each case in a unique way, personally tailoring our legal approach to our clients’ needs.
Helpful Information You Should Know
Our attorneys understand that different needs require different approaches to help ensure the rights and interests of everyone – especially the children – are properly protected. We generally use a list of state guidelines and fact-specific analysis to effectively determine how much alimony should be paid and by whom, taking into account a series of factors:
- How the marital assets were divided
- Length of the marriage
- Age of both parties
- Education of both parties
- Health of both parties
- Earnings of both parties
- Age and number of children
- Proceeds from selling a home
- Capital gains from selling other assets
- Fault (which carries only some weight)
Alimony is deductible to the payer and taxable to the recipient, which is the opposite of child support. Child support is not a taxable event. At the LAW OFFICES OF PIAZZA & SIMMONS, LLC, we consider the related tax laws and recapture problems with the IRS when calculating alimony payments. If necessary, our lawyers partner with highly respected financial professionals to make sure that your interests are protected.
Contact Our Team Today To Discuss Your Options
When considering divorce lawyers in Connecticut, choose the one who is willing to put your case in the best light before the court. Our firm can be reached by calling 203-936-6772. You can also fill out our online contact form.