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kenosha Tag

Update on Child Support Proposal

“A controversial proposal from officials in Gov. Scott Walker’s administration to reduce the amount of money wealthy parents pay in child support remains stalled nearly a year after the rule change was proposed.”   The full article can be found here: http://host.madison.com/wsj/news/local/govt-and-politics/catching-up-no-movement-on-new-child-support-rules-for/article_879684e3-7791-5edb-8984-17190dca3813.html ...

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GOP Tax Plan Eliminates Tax Deduction on Alimony (Spousal Support)

“On Wednesday, November 1, 2017, the House finally released their proposal for tax reform and one item on the list is to eliminate the deductibility of spousal maintenance/alimony for payors. This could have a significant impact on marital settlement agreements going forward and even require re-negotiation for divorces completed in 2017 based on the assumption that the maintenance already ordered would be tax deductible to payor.”  For the full article, please click here:  https://divorcefinancialtraining.com/gop-tax-plan-eliminates-tax-deduction-on-alimony/...

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Court Says Hmong Couple Had Putative Marriage, for Purposes of Divorce

“[O]ur decision in this case should not be read to indicate that all marriages performed according to Hmong cultural traditions, or the traditions of other cultures, are per se valid in Wisconsin,” Judge Stark wrote. “Rather, each purported marriage must be analyzed on its own facts to determine whether it qualifies as a putative marriage…”  The full article can be found here: http://www.wisbar.org/NewsPublications/Pages/General-Article.aspx?ArticleID=25945  ...

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“The Best States to Get Divorced if Your Spouse is Loaded” by Tanza Loundenback

Racine, Kenosha Divorce Attorney

A Wisconsin State Agency seeks to reduce child support paid by high income earners. The agency proposes a reduction in child support paid by parents making between $300,000 and $500,000 annually. The proposed change would introduce a sliding scale to reduce the percentage of income between $300,00 and $500,000 that would be paid. Please see the full Wisconsin State Journal article at: http://host.madison.com/wsj/news/local/govt-and-politics/state-proposes-to-reduce-amount-wealthy-parents-pay-in-child/article_8c542c9a-963d-5dfa-a92e-361968a7f675.html...

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