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To: rb22982

10 years maximum alimony & 1/2 of assets acquired during the marriage in CA. As of 3 (?) years ago alimony is tax free. It’s hard to get both alimony and child support, but some do. Most don’t get it for all 10 years. Marriages that end in divorce last for a median of 8 years.


30 posted on 07/03/2023 12:51:51 PM PDT by LucienCA13 (sorry if you are microaggrieved)
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To: LucienCA13

Seems reasonable approach in CA on something at least! It’s tax free for the recipient and not tax deductible for the payer (at least federal level, not sure about state). Before it was taxable for the recipient and tax deductible (this scenario was usually better for both parties) and awards were adjusted for that. Given the alimony payer is nearly always paying 1.5x-10x higher effective tax rate, could have split the difference before and ended up with more $ to receiver and more to giver than now. Oh well.


34 posted on 07/03/2023 1:09:23 PM PDT by rb22982
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