New Hampshire alimony laws to change on Jan. 1
CONCORD, N.H. (AP) — New Hampshire will have new alimony laws with the start of the new year, and lawmakers say they hope the new system is less volatile.
Alimony changes that are part of a bill that passed this year are set to go into effect on Jan. 1. The changes include a formula to determine how much a person paying alimony must contribute to the payee.
New Hampshire Public Radio reports the new formula is expected to prevent payments from varying widely depending on jurisdiction.
Federal alimony statutes are also changing on Jan. 1. The payments will no longer be tax deductible, and receipt of alimony won’t count as taxable income any longer.