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Month: December 2017

When alimony isn’t actually alimony

If payments qualify as alimony, they may be counted as income to the person who receives it and a tax deduction for the person who makes the payment. However, it is important for Kentucky residents to understand that not every payment in a divorce is classified as...

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Handling credit scores after divorce

While there are several pressing matters to attend to when going through a divorce, Kentucky residents should make time to think about credit scores. When possible, couples must work together to untangle credit and build good credit history. This is because both...

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