To Load Means to Make Substantial "Alimony" Payments Shortly After

question 35

Short Answer

To load means to make substantial "alimony" payments shortly after the separation or divorce in an attempt to disguise nondeductible property division as deductible alimony.

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Definitions:

Month-end Contributions

Investments or payments made at the end of each month, commonly used in savings plans or investment strategies.

Compounded Monthly

Interest calculation method where interest is added to the principal balance every month.

Semi-annual Payments

Payments made twice a year, a common term in the context of loans, bonds, and some types of annuities.

Loan

Funds lent that must be repaid with an added interest charge.