Does Kentucky do alimony?
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Does Kentucky do alimony?
A judge in Kentucky has the authority to order one divorcing spouse to make ongoing payments to the other divorcing spouse. These payments used to be called alimony, but Kentucky law refers to them as spousal maintenance.
Is working wife eligible for alimony?
In most cases, the wife gets 20-35 per cent of a husband’s net taxable income as alimony. If the woman is working, she can still get maintenance if the court feels her demands are reasonable, if she has dependants or if her income is not sufficient to support the lifestyle she enjoyed while married.
How bad does a divorce hurt your credit?
Getting divorced Actually filing for divorce doesn’t directly impact credit scores, but if you have late or missed payments on accounts as a result, it may negatively impact credit scores. In community property states, property – and debts – acquired during the marriage are generally owned equally by both spouses.
What happens if you hide money in a divorce?
Hiding assets during a divorce is sneaky, unethical and illegal – and it happens much more frequently than most women suspect. Many couples have complex financial portfolios. Not only can this be used to help determine alimony and child support, but it also serves as a tool to help detect hidden assets or income.
