For most people, the divorce process is emotionally draining and mentally exhausting. Many people describe it as a time of being frozen, numb or moving in slow motion. Despite that emotional and mental trauma, you will be expected to go through your finances with a fine-tooth comb to ensure that your settlement agreement is fair […]
Here is How the Taxation of Alimony has Changed
New rules beginning 2019 Starting Jan. 1, alimony payers will no longer be able to deduct this outlay from their federal income tax. That means many will want to lock in alimony terms this year. That way, they will be grandfathered into existing rules, allowing them to deduct alimony this year and in the […]
Understanding Your Divorce Settlement
So you’ve made it to the other side. The divorce is final and it’s time to start moving forward. You’ve made it through the tears and anger. The overwhelm of change that occurs through the divorce process did not defeat you and you are facing a new life that you can’t even really envision yet. […]
The Mediation Option & How to Prepare
Most people facing a day in court would avoid it if they could. When facing divorce, that urge is just as strong. So, the first step you may want to take is to go through mediation. The mediation process helps you and your partner reach a mutually beneficial divorce settlement. So, Why Mediation? Besides the […]
How Much Alimony (Spousal Support) is Enough?
Many couples going through divorce know that some level of Spousal Maintenance or Alimony is needed, but have no idea how much or how long. Most attorneys will go by your budget numbers, which in my experience are almost never accurate. Attorneys are also paid to do their best for their clients so if you’re […]