Nevada alimony is subject to interpretation and the whims of the courts.
There are however creative ways to bend the system in your favor. Alimony in Nevada is subjective.
Nevada Alimony can be difficult. It's one of the most contentious parts of a divorce.
Most men don't mind financially supporting their wives when they're married, but men get outraged by having to financially support an ex-wife.
What causes the Nevada court to grant alimony? Generally to adjust what it perceives as a financial imbalance. Will you be on the hook for alimony?
If you make significantly more income than her and have been married for several years, you'll likely be on the hook for some alimony.
The level of alimony you'll pay and for how long is dependent on the approach and strategy you use. There are always methods you can use to reduce or even eliminate alimony.
Many men think alimony is just a monthly payment, when the "one-time" lump sum payment also is a option.
Assets like your savings, any real estate, 401K plans, and any pension you have also become part of alimony.
It's also important to know the subjects of alimony and division of assets are linked, so many times you're better to "pay her off" rather than paying her monthly for years.
There are two types of alimony:
As for the best method, it depends on your situation. The point is to know your options and pursue the path best for your situation because everyone is different.
Don't make the mistake of not knowing the available options, so get the facts and create a winning strategy.
With a solid strategy, it's possible to get your alimony close to or even to zero!
Monthly alimony payments are tax deductible to the person who pays them, and included in the taxable income of the person who receives them.
Because there may be tax advantages to paying alimony, you may want to consider it as a bargaining chip even if a judge wouldn't ordinarily award it in your case.
Men should get creative when it comes to alimony and negotiate it as part of their overall divorce settlement.
Alimony, unlike child support is not regulated by the law and is up to you and your ex to strike a deal. If you don't reach a deal, a judge decides alimony for you.
If that happens, your ability to reach a fair deal is gone and you're now at the mercy of a judge. You need a plan to make sure this doesn't happen to you.
To discover how to effectively deal with Nevada alimony and how to lower or even eliminate it, we suggest you take a look at Matt O’Connell’s best selling guide and its in depth look at Alimony:
If you want techniques to lower or even eliminate your alimony, Matt O'Connell's divorce guide is your ultimate resource.
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Even if you're using a attorney, his advice will still save you thousands and get you a better result.
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