If your alimony payments decrease or terminate during the first 3 years, you may be subject to the "Recapture Rule."
What is the Recapture Rule?
You are subject to the recapture rule in the third year if the alimony you pay in the third year decreases by more than $15,000 from the second year or the alimony you pay in the second and third year decreases significantly from the alimony you pay in the first year.
Before agreeing to any Spousal Support Order, be sure to examine the amount of time you must pay Spousal Support and be sure not to got caught fighting the "Recapture Rule."
Thursday, August 2, 2007
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