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Wheaton, IL 60189
The Stogsdill Law Firm, P.C.
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Wheaton spousal maintenance lawyerEvery divorce is completely unique in various ways, but almost all divorces come with unanticipated complications. Whether these complications include child custody, asset division, or prenuptial agreements, divorce proceedings can be long, tiring, and emotionally trying. In the vast majority of divorce cases, finances become a top priority for both parties and their legal teams, and in many cases, the biggest financial issue becomes the financial dependency of one of the spouses. 

Spousal maintenance (also known as alimony or spousal support) ensures that a spouse who earns less than their ex-partner does not suffer from financial problems in the aftermath of the divorce. A spousal maintenance plan requires a higher-earning spouse to make payments to their ex-spouse for a certain period of time following the divorce, allowing them to meet their financial needs until they can become self-sufficient.

How Spousal Maintenance Is Determined 

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Posted on in Divorce

One of the most complicated parts of a divorce can be trying to understand all of the different tax consequences a given course of action could cause. You need a knowledgeable lawyer on your side to help you make informed decisions that could impact your finances and your tax bill for years to come.

Do You File Jointly or Separately?

If you are in the middle of a divorce, then you and your spouse need to decide the best way to file taxes. If you were still legally married through December 31 of the most recent tax year, filing a joint tax return may be most beneficial. However, you should discuss the issue with your lawyer or tax professional.

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