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After months of uncertainty and differences between the House and Senate versions we now have a final decision on how the new tax law will deal with alimony. The tax deduction for alimony is unchanged until January 1, 2019. After that alimony will no longer be tax deductible. An agreement or judgment providing for alimony prior to that date will
We have just uploaded a new Supreme Judicial Court Alimony case (Docket: SJC – 12240) that discusses percentage alimony orders. You can see it here: DEREK L. YOUNG vs. JOY G. YOUNG
Massachusetts Representative John Fernandes recently (February 19, 2016) filed House Bill HD4546 which if enacted would now allow alimony orders which were entered into prior to 2012 to terminate upon the Federal Age of Retirement per Massachusetts General Laws Chapter 208 Section 49. This proposed bill is in direct response to what many believed to be a surprising ruling by the Massachusetts
This case involves an 21-year marriage in which Husband was the primary wage earner and Wife, excluding a brief stint in the late 80s, worked solely in the home. During the marriage, Husband invested in and obtained a greater interest in his dental practice – creating a difficult to estimate income stream which could continue to grow in the future.
Click the following links to see the full cases. Chin vs. Merriot, SJC-11715 (2015) Rodman vs. Rodman, SJC-11726 (2015) Doktor vs. Doktor, SJC-11727 (2015)
In January 2011, Senator Gale Candaras, Esq. and Representative John Fernandez announced new legislation to reform the current Massachusetts alimony system. The proposal, called the Alimony Reform Act of 2011, is a sweeping transformation of the current alimony system in Massachusetts. Right now, this is just a proposal and not law, but in the last couple of months since the
After months of uncertainty and differences between the House and Senate versions we now have a final decision on how the new tax law will deal with alimony. The tax deduction for alimony is unchanged until January 1, 2019. After that alimony will no longer be tax deductible. An agreement or judgment providing for alimony prior to that date will
We have just uploaded a new Supreme Judicial Court Alimony case (Docket: SJC – 12240) that discusses percentage alimony orders. You can see it here: DEREK L. YOUNG vs. JOY G. YOUNG
Massachusetts Representative John Fernandes recently (February 19, 2016) filed House Bill HD4546 which if enacted would now allow alimony orders which were entered into prior to 2012 to terminate upon the Federal Age of Retirement per Massachusetts General Laws Chapter 208 Section 49. This proposed bill is in direct response to what many believed to be a surprising ruling by the Massachusetts
This case involves an 21-year marriage in which Husband was the primary wage earner and Wife, excluding a brief stint in the late 80s, worked solely in the home. During the marriage, Husband invested in and obtained a greater interest in his dental practice – creating a difficult to estimate income stream which could continue to grow in the future.
Click the following links to see the full cases. Chin vs. Merriot, SJC-11715 (2015) Rodman vs. Rodman, SJC-11726 (2015) Doktor vs. Doktor, SJC-11727 (2015)
In January 2011, Senator Gale Candaras, Esq. and Representative John Fernandez announced new legislation to reform the current Massachusetts alimony system. The proposal, called the Alimony Reform Act of 2011, is a sweeping transformation of the current alimony system in Massachusetts. Right now, this is just a proposal and not law, but in the last couple of months since the
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246 Walnut St, Ste 301 Newton, MA 02460-1639
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