My husband will probably be paying me my equity on the house over a period of 2 years. Will I have to pay taxes on that money? Should I charge him interest? My lawyer says that after 37 years of marriage I probably will not be able to get any spousal support. She said my equity on the house would be my support. I know I would have to pay taxes on any spousal support. I only have a part time job right now. I hadn't worked in 10 years because he (stbx) told me in the past that my working put us in another tax bracket. I didn't bring in that much money since I did not have a college degree. Now I am trying to find a full time job but at 57 years of age that is not easy. He left me without a car too (repossessed)so I have been using my sister's car which puts my sister and her husband out. Grrr! It just seems that the laws always favor the guilty and not the innocent. My husband is a CPA and I won't even ask him the question about my taxes. I don't trust him. Imagine that?
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