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Posts tagged "monthly payment"

The role of earning capacity in spousal support awards

At present it is not uncommon for men and woman of varying social and economic demographics to pursue post-secondary and professional degrees. Fifty years ago in California and throughout the rest of the nation it may have been more expected for a wife to stay at home with a couple's children and for the husband to work than it is now. However, access to education and the expression of women's rights have changed how people approach learning new trades and earning their incomes.

Inflation, other factors, can make standard of living costs rise

California is a great place to live though some people lament the relatively high prices residents must endure for such necessities as groceries and gasoline. Compared to other parts of the country several markets in the state regularly fall onto national lists of the priciest places to make a home. A recent study by the Bureau of Labor Statistics suggests that costs are going up for people all over the country, including those residents here in Stockton.

How does alimony affect your taxes?

Many California residents are likely pretty happy that tax season is over. While some people receive a refund, others may have had to pay taxes to the federal government or to the state. Following tax season, it can be easy for people to forget about taxes completely. However, when California residents are in the process of getting a divorce, they need to carefully consider the tax implications of the decisions they make during the process.

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