Family support payments-sometimes referred to in other states as unallocated alimony-are support payments designed to benefit both the recipient spouse and the children in a Virginia divorce. Unlike child support or conventional spousal support the support payments labeled as unallocated support are not divided into separate portions for child support and spousal support.
Taxes are one of the biggest concerns when it comes to deciding how to assign support payments, and they can get tricky after a Virginia divorce. Family support payments also must meet certain guidelines, and it’s important to understand the protocol so that you get the financial support you need.
In order for support payments to qualify as unallocated support, they must be:
- made in the form of cash;
- received by or on behalf of the recipient spouse; and
- included as part of a divorce or separation agreement.
The law places strict specifications on family support payments, and it can be difficult deciding what would best suit you and your children. The kind of support payments that will work for you depend upon the specifics of your financial situation after your Virginia divorce. Make sure to discuss your circumstances with an experienced Newport News divorce attorney so you can be informed of all your options.
Contacting a Newport News Divorce Attorney
Getting the support you need after your Virginia divorce is an important step in moving on with your life. Our Newport News divorce attorney team cares about your rights, the welfare and happiness of your children, and your financial security. Let us use our unique experience to help you focus on your goals for the future and your family. To learn more about Virginia divorce, request a FREE copy of our divorce book for women in Virginia, or reserve your seat at our monthly divorce seminar – 757-425-5200.
