If you start divorce proceedings before Dec. 31, 2018, and you will pay alimony, you will still be able to deduct the total amount you pay each year from your taxes. Your ex-spouse will still be required to pay taxes on the total amount of alimony each year.However,...
Year: 2017
Deciding to divorce during retirement
It is becoming increasingly common for spouses to divorce in their senior years. Divorcing once retired is often referred to as "gray divorce". Many people decide to divorce after they have retired because they realize that they want different things in their lives....
Dealing with the guilt of divorce
Thinking about whether to initiate a divorce can be a very confusing feeling. It can be almost impossible to figure out whether you are making the right decision, and questions will arise in your mind about whether you are giving up too soon or whether you should have...
When can a third-party get custody of a child?
When handling a custody case, the courts always attempt to make decisions that are in the best interests of the child in question. The best option is usually for the child to live with both parents, since it is important for a child to have a sense of their identity...
4 money issues that can lead to divorce
Money often pushes couples apart. It can even lead all the way to a divorce when couples cannot resolve their differences. These financial issues can then trickle over into the property division process.Below are four different issues that sometimes cause a marriage...
Making co-parenting a success
It's never easy to co-parent with a former spouse, because no matter how amicable the divorce process was, it is bound to have created a rift between the two of you. If you have decided to co-parent, this is great news. It means that you have both committed to putting...
How is fair alimony calculated?
If you are divorcing your spouse amicably, it is ideal if you can mutually decide on as many decisions as possible together. This can range from the dividing of the house and other assets, to child visitation, support and alimony. The more that you can decide...
How to take legal custody of your grandchildren
Sometimes, biological parents are not in a fit state to take care of their dependent children. This could be due to many factors including mental illness, drug or alcohol addiction or the fact that they are serving a prison sentence. Children whose parents are unable...
What are the benefits of divorcing amicably?
Going through a divorce signifies that you and your partner have irreconcilable differences and that it is better for both parties (as well as any children you may have) to spend your lives apart. Although this is true, it does not necessarily mean that you cannot go...
Preparing for divorce financially
A great deal of emotional preparation, frustration and acceptance comes before deciding to move forward with a divorce. However, at the same time, it is vital to also prepare in practical ways. Once of the biggest aspects of this preparation is through the financials....