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.
Alimony can be a sore subject for many California residents. Alimony is the payment from one former spouse to the other following a divorce. These payments are meant to allow an ex-spouse to continue to receive financial support following a divorce. It's often awarded when one spouse has sacrificed a career to raise children or take care of the family home. However, it can be awarded in other situations as well.
California readers may be accustomed to news of celebrity divorces. What makes today’s story unusual, however, is the surprising lack of financial planning exhibited by the couple.
Although a household might be dual income, it's common for family members to only use one spouse's employer-provided health insurance benefits. There might be economies of scale or other cost-saving benefits to claim multiple family members, instead of each spouse carrying separate insurance policies.