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Posts Tagged ‘Alimony Payments’

Alimony in Georgia: What You Need to Know

Wednesday, November 23rd, 2011

Atlanta alimony attorneysIf you are considering filing for divorce in Georgia, or have been served divorce papers, there’s a chance that alimony payments will be a part of your divorce negotiations. There are many factors that determine alimony payments in Georgia, which our experienced Atlanta alimony attorneys can explain to you thoroughly. However, it might be helpful to you to have a brief overview of how alimony payments are a part of the divorce process in Georgia.

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Georgia Divorce Law Terms and Processes

Sunday, June 28th, 2009

While the dynamics of every marriage are different, the legal process for getting divorced in Georgia remains the same.  Below is a general summary of the terms and processes involved in a GA divorce.

GA Petition For Divorce

The GA divorce process begins with the filing of a petition with the court. Your divorce lawyer will generally file the petition for divorce in the county where you reside, at which time the Sheriff or a Server of Process will deliver the petition to your spouse. Once the petition for divorce has been delivered, your spouse will have 30 days to file a response with the court.

Georgia Divorce Residency Requirements

In order to file for divorce in Georgia, a couple must generally live in the state for a minimum of six months.

Legal Grounds For a Divorce

Georgia is a no-fault state. Thus, there need be no “grounds” necessary to obtain a divorce, such as adultery or abuse. In order to petition the court for a divorce in Georgia, one must simply state that they believe the marriage suffers from “irreconcilable differences.”  Because no other grounds are necessary, if one spouse wants a divorce, they generally do not need the approval of the other spouse.

Of course, one can still file a fault divorce, and for various strategic reasons divorce lawyers sometimes do petition the court for a “fault” divorce.  Some of the common fault divorce categories are:

•    Cruelty
•    Adultery
•    Felony

The Division of Property

Generally speaking, courts generally prefer that the parties to a divorce work out an agreement on property division amongst themselves.  As one Fulton County Family Law Court Judge is rumored to have put it, “I don’t do furniture.”  Unfortunately, it is often the case that parties to a divorce are not able to work out the separation of assets among themselves, in which case a court will need to determine what is separate property and what is marital property, and then divide the marital property in a manner it deems “equitable.”

The Distribution of Debt in a Georgia Divorce

Disputes over the distribution of debt are becoming more and more common in Georgia divorces.  Generally speaking, just as assets and property are divided among spouses, so are debts.  Unfortunately, it is often the case that one spouse can ruin the credit of the other.  For instance, if both spouses co-signed a mortgage loan but only one of the spouses were responsible for paying that loan, if that spouse fails to make their payments the credit of the other spouse would be tarnished.  For this reason, our divorce lawyers often tell our clients to close any joint accounts they have with their spouse.

Georgia Spousal Support

GA alimony, also known as spousal support, can be permanent, temporary, or restorative, and can be paid via one lump sum or in periodic payments.  There are a number of factors that play into the type and amount of alimony payments required in a divorce, including but not limited to:

•    Length of the marriage
•    Income and assets of both spouses
•    Contributions to the home and rearing of children
•    Contributions by one spouse to the career or education of the other

Georgia Child Custody and Visitation

In Georgia, a “parenting plan” is now required for all divorces involving children.  Among the issues that must be addresses in each parenting plan are:

•    where the children will live
•    where the children will spend holidays
•    which parent will make decisions about the children

Georgia Child Support

In Georgia, child support is considered to be the responsibility of both parents.  The state legislature recently enacted Georgia Child Support Guidelines, which take into account a wide variety of factors in determining how much each parent will be required to pay.  The Child Support Guideline worksheet can be fairly complicated, and we recommend you consult with an attorney rather than trying to work through the worksheet on your own.

Georgia Mediation/Collaborative Law

Mediation is the process by which both spouses try to resolve conflicts through the help of a third party (a mediator) rather than through the courts. Generally speaking, each spouse is represented by their own divorce lawyer during the proceedings.

Final Divorce Decree

In Georgia, the final divorce decree is an order by the court that legally dissolves the marriage and contains decisions on all aspects of the divorce, including the separation of assets, alimony, and if children are involved, child custody and child support. Upon issuance of the final divorce decree, your Last Will & Testament in Georgia will be declared null and void.  One may also choose to restore their premarital name after the final divorce decree is issued.

Getting Started

The above information is meant as a brief summary of certain aspects of Georgia family law.  If you are considering filing for a divorce, or have already been served, we recommend that you speak with one of our Atlanta divorce attorneys sooner rather than later.  We are proud to say that our attorneys are among the most  knowledgeable and experienced in the state. Click here to see our Credentials and Client Reviews.  Please note that for a typical family law proceeding, our law firm retainer begins at $2,500.00. To set up a consultation with one of our attorneys, please give us a call at (404) 239-3932, or visit our Divorce Attorney Homepage to fill out our contact information form.  Thank you and we look forward to working with you.

Tax Consequences of Alimony and Child Support Payments in Georgia

Tuesday, March 24th, 2009

When structuring the terms of a Georgia divorce or separate maintenance action, it is important to consider the tax consequences of alimony and child support payments. Child support payments are not deductible to the payer and are not considered income to the recipient. Georgia alimony payments, on the other hand, can be structured one of two ways. Generally, alimony is deductible to the payer and considered income to the recipient. Alternatively, alimony can be structured as a property settlement, which is not deductible to the payer and is not considered income to the recipient. For instance, if you are ordered to pay the mortgage and utility bills for the benefit of your former spouse, this is not considered alimony.

Whether alimony is tax deductible depends on whether it meets the Internal Revenue Code’s definition of alimony. To be considered alimony for tax purposes, payments must meet the following six conditions: (1) the payment is a cash payment, (2) the payment is received by a “divorce or separation instrument”, (3) the instrument does not specify that the payments are not for alimony, (4) the payer and payee are not members of the same household when the payments are made, (5) the payer and payee do not file a joint tax return and (6) there is no liability to make the payments for any period after the death or remarriage of the recipient.

Getting Started

The above information is meant as a brief summary of certain aspects of Georgia divorce law and taxes.  To determine the most advantageous way to structure alimony in your situation, we recommend that you seek the guidance of one of our Atlanta divorce attorneys.  We are proud to say that our attorneys are among the most  knowledgeable and experienced in the state.  Click here to see our Credentials and Client Reviews.  Please note that for a typical family law proceeding, our law firm retainer begins at $2,500.00. To set up a consultation with one of our attorneys, please give us a call at (404) 239-3932, or visit our Divorce Attorney Homepage to fill out our contact information form.  Thank you and we look forward to working with you.