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Is alimony a liquid asset?

Alimony was originally devised to ensure compensation towards a woman in historical social downfall per being divorced. Alimony as a liquid asset depends upon the state where the court rulings or legal agreements are made.Most states will not verify alimony as assets if the funds go towards things like disability injuries from domestic violence, on-going medical treatment, and psychological counseling for mental distress.


In sc being seprated for2years can you get alimony?

NO


What are the differences in financial implications between being single and divorced in terms of marital status?

Being single typically means having more control over your finances and assets, while being divorced may involve the division of assets and potential financial obligations such as alimony or child support. Additionally, divorce can impact taxes, retirement savings, and estate planning.


If you are being paid alimony can you become engaged?

yes


What are the differences in tax implications between being divorced and being single?

When it comes to taxes, being divorced means you may have different filing options and deductions compared to being single. For example, divorced individuals may be able to claim certain tax credits or deductions related to alimony payments or child support. Additionally, divorced individuals may have to consider how to file jointly or separately if they have children. Being single typically means you file as an individual and may have different tax brackets and deductions compared to when you were married. It's important to understand these differences to make the most of your tax situation.


Is mike Holmes exwife Alexandra de markoff?

No, Mike Holmes' ex-wife is not Alexandra De Markoff. Mike Holmes was married to Amanda Holmes, and they divorced in 1993. Alexandra De Markoff is a makeup artist and entrepreneur, and there is no public record of her being married to Mike Holmes.


What are the differences in legal rights and responsibilities between being single and being divorced?

When single, individuals have the right to make decisions about their own affairs without consulting a partner. They are not legally bound to anyone and have full control over their assets and decisions. In contrast, when divorced, individuals have legal responsibilities towards their ex-spouse, such as alimony or child support. They may also have to divide assets and debts acquired during the marriage.


Being married for almost 23 years are your entitled to alimony?

You are entitled to alimony if the judge says you are entitled to alimony. It is the judge's decision, not someones opinion writing on a computer terminal. It depends on your state's law. It also depends on whether or not you have a good lawyer.


Can a woman get alimony after being married for 28 years?

Yes a woman can claim for alimony at any point of time in her marriage or after her marriage if her spouse has failed to maintain her when having enough means to support her. If there is any query one can call on : 093222 86663 or email your problems on lawyersidd to Siddhartha Shah and Associates for a better relief.


You have been separate from your spouse for ten years how long will a divorce take to go through?

As it sounds like you already now, it does not matter how long you are separated from your spouse you need to file for divorce in order to be divorced. That being said, after being separated for so long, some elements of the divorce will be easier (the financial aspect, the fact that you both want to get divorced) but if yours is a situation that has complicated finances, children, or alimony then it could still take some time.


Which famous singer's parents are being divorced or recently divorced?

Miley Cyrus.


How is child support figured when alimony is being paid to a different former spouse in Arkansas?

very carefully