New Hampshire alimony is subject to interpretation and the whims of the courts.
There are creative ways to move the system toward your end because of the subjectivity of Alimony in New Hampshire.
New Hampshire Alimony can be tricky. Alimony is one of the most controversial subjects in a divorce.
Most men are fine financially supporting a wife when they're married, but get indignant having to financially support an ex-wife.
Why does New Hampshire grant alimony? Generally it's to correct what the court see's as a financial imbalance. Could you be subject to 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 amount of alimony and how long you'll pay is subject to your approach and the strategy you employ. There are always things you can do to eliminate or at a minimum reduce alimony.
Most men think alimony payments are monthly, when there is the option of a "one-time" lump sum payment.
Assets like your savings, any real estate, 401K plans, and any pension you have also become part of alimony.
It's important you know that alimony and division of assets are typically linked, so sometimes you're better to "pay her off" instead of making monthly payments 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 error of not knowing your options. Get the facts and develop a winning strategy.
By having a good strategy, it's possible to negotiate alimony close 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.
There may be some tax advantages to using alimony, even if a judge wouldn't ordinarily award it.
You should get creative and negotiate alimony as a part of your divorce settlement.
Alimony is unregulated by law, Unlike child support, and is solely up to the parties to negotiate a deal. Failure by you two to reach deal will result in a judge deciding alimony for you.
Once this happens, your ability to strike a fair deal with your ex is over and you're now at the mercy of the judge. Have a plan to stop this from happening to you.
To discover how to effectively deal with New Hampshire 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:
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