In the past, maintenance payments were tax deductible by the paying party and taxable income to the receiving party. Recent changes to the tax laws that went into effect on January 1, 2019 change this dramatically.
How To Modify Child Support Orders
A divorce can significantly change your life, and it continues to change afterwards. Change looks different for everyone, whether it means a promotion, a new job, a new house or even a new marriage.
Can You Sue An Abusive Spouse During A Divorce?
People who suffer domestic violence at the hands of a spouse often pursue a divorce. What many victims of domestic violence do not know is that they can also sue their abuser in a civil lawsuit to obtain compensation for the abuse they have suffered and to hold their abuser accountable. This can be done in conjunction with a divorce.
When Avoiding Marital Conflict Makes It Worse
Successful marriages do not just require a sense of love and commitment. Both spouses should respect each other and attempt to gain a sense of understanding when they come to a rough spot. While couples that are seen constantly bickering do not appear like they will have a long relationship, those that take excessive measures to avoid conflict may end up dooming their marriage instead of saving it.
The Number One Sign A Couple Will Divorce
While there are many factors that can contribute to the breakdown of a marriage, there is one sign in particular that therapists and scientific research agree is number one in predicting that a divorce is eminent: hopelessness.
How Should Marital Assets Be Spent During A Divorce?
One of the most important outcomes of a divorce is the division of marital property. However, a divorce can take months. In the meantime, there are costs that need to be covered. Some of these will be shared costs such as the mortgage on the family home. Others will be individual costs such as food, clothes and travel.
Do Not Forget Your Child's College Costs When Getting Divorced
Divorcing parents have a lot to think about, from child custody arrangements to child support payments. With everything else that needs to be addressed, it can be easy to overlook important details, such as the cost of a college education for your child. As this could be a critical aspect of ensuring a solid future for your child, it should be front and center as you are addressing property division and other aspects of your divorce.
When People Get Married For The Wrong Reasons
Strong marriages are based on love, physical attraction, shared values, and emotional and intellectual compatibility, among other things. These are the marriages that are more likely to stand the test of time. However, some people get married not because they have found this sort of relationship, but for different reasons altogether. Over time, those reasons may prove to be wrong and ultimately spell the end of the marriage.
Who Stays At Home During The Divorce?
The family home is a valuable asset. As part of a divorce, it will be subject to division. Ultimately, it may go to one spouse or it may be sold and the proceeds will be divided. However, reaching that point takes time. Until then, there is a more pressing matter that will need to be addressed: who gets to stay in the home while the divorce is in progress?
Who Gets The House In A Divorce?
For most divorcing couples, the family home will be the most valuable asset that needs to be dealt with. Not surprisingly, it is also one of the most common sources of property division disputes. This is not only because of the house's value, but because of what it represents. There may be many happy memories stored in those walls.
