The Coronavirus pandemic has sparked mass unemployment across the US, affecting numerous divorced families with court ordered support obligations. Many unknowns remain during this time such as how long local shelter-in-place orders will remain in effect, if and how ma...
What do you need to know if a divorce is possible in your future? Regardless of which path your relationship goes, here are seven helpful tips to be aware of:
1. Seek the RIGHT Advice for YOU
Not all advice is best for your situation. Relationships are different,...
How are taxes handled next spring for couples who are in the midst of a divorce and unsure if it will be finalized by the end of the year? Various possibilities exist and should be written in the separation agreement to avoid costly mistakes and future disagreements.
The first several holidays after a separation or divorce are extremely difficult. Adjusting to on and off parenting schedules where your kids are not with you everyday is challenging to cope with. Even with adult children, time is typically divided with by household....
The Tax Cut and Jobs Act (TCJA) that went into effect this year for divorcing couples has drastically changed the financial landscape for individuals from prior years. The most significant change is that spousal support (alimony) is no longer deductible if paid or tax...
Your divorce is final, you can finally breathe and start to rebuild. The next item on your to-do list is complying with your agreements and facilitating the division of property. Transferring property can be tricky and sometimes trigger unintended tax consequences....
When dividing assets in divorce most people, individuals, mediators and attorneys alike, tend to focus on the property division spreadsheet. Current values of assets are listed along with outstanding debt balances that are deemed to be marital. Typically, above all e...
Transitioning financially through divorce has many moving parts. Stress testing your strategy regarding how income and expenses can change your circumstances in the future is important to consider. Understanding how spousal or child support can be modified will help...
When dividing assets in divorce individuals, mediators and attorneys alike, tend to focus on the property division spreadsheet. The current values of asset and debt balances determined to be marital are outlined. Typically, above all else, the focus and end goal is t...
