Examlex
Shin is taking notes using the outline format and just marked one of his points with an uppercase
Alimony
Payments made to a spouse or ex-spouse under a divorce or separation agreement. It is considered taxable income for the recipient and tax deductible for the payor.
Divorce Agreement
A legal document outlining the division of assets, spousal support, and other arrangements agreed upon by individuals undergoing a divorce.
Child Support
Financial contributions required by law to be made by a non-custodial parent to support their minor child or children.
Self-Employed
An individual who works for themselves and is not employed by another entity, often responsible for their own taxes and benefits.
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