Tulsa Alimony Attorney
When you go through a divorce, you might worry about how you are going to support yourself. Or you might worry that all of your income will go to your former spouse. The Oklahoma Court system may award alimony, or spousal support, so that each spouse can keep their current lifestyle after the marriage is over. Alimony awards vary greatly based on the individual facts in each divorce. Usually, the Court grants alimony for a limited time span so that the spouse getting alimony has a chance to transition to supporting themselves. To make sure you get the best deal possible, you need a skilled Tulsa Alimony attorney who can protect you. The Denton Law Firm is here to help you get a fair spousal support plan during your divorce settlement. Our Tulsa alimony attorney will negotiate on your behalf. Call today to set up a free consultation. (918) 631- 7181.
Determining Factors for Spousal Support
In Oklahoma, divorce judges have discretion when they award alimony. This means a Tulsa alimony attorneys need to gather all the facts to present your case in the best manner possible. Here are some of the items a judge will consider:
- Spousal support can be awarded for financial need;
- Alimony can be awarded in lieu of property when marriage assets are divided;
- The length of the marriage can influence the amount of alimony and the length of payment after divorce;
- The lifestyle during the marriage can also influence Tulsa divorce judges;
- The education and earning potential of each spouse comes into play.
Because there are many factors for the judge to consider in an alimony judgement, each case is unique. Call the Denton Law Firm today to discuss your unique divorce scenario. Our experienced Tulsa alimony attorney will help you prepare for what’s to come. Email or call to set up your free consultation. (918) 631- 7181.
Taxes on Alimony
In Tulsa, when one spouse must pay spousal support, they typically can deduct it from income tax. The former spouse receiving alimony will have to pay the taxes. There are specific rules that must be followed in order to qualify for this tax break. For instance, payments must be separate and distinct from child support. Payments can’t be front-loaded or prepaid. They must be equal through the years. To determine the best strategy for alimony in your divorce, contact the Denton Law Firm today. Email or call to learn about how alimony and its accompanying taxes could affect you. (918) 631-7181.