Tax changes to spousal maintenance coming very soon
As this blog has discussed on a previous occasion, courts in Missouri can and often will order one spouse to pay another periodic sums in order to balance out the relative economic earning power of a couple who is coming out of a divorce or permanent separation. These spousal maintenance payments, also commonly referred to as alimony, get decided based on a number of factors. Sometimes, a Kansas City resident may wish to agree to pay alimony as part of a negotiation in exchange for some other benefits. At other times, the opposite is true, and someone who is otherwise likely [...]