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Is Your Inheritance Up for Grabs During Your Divorce?
When a divorce is pending, spouses begin thinking about dividing their property and assets, including bank accounts, real estate, and personal possessions. One matter that comes to mind is the protection of an inheritance. This is commonly a big worry when the inheritance includes a family heirloom or a significant amount of money.
Legal Separation vs. Divorce
What are your goals in seeking a divorce? What are your reservations about going through the process? Depending on your answers to these questions, it may be worth considering what is known as a “legal separation” through a petition for separate maintenance. (Note: Georgia does not use the term legal separation in the law literature. […]
Are You Subject to the Alimony Recapture Rule?
If being ordered to pay alimony was not already bad enough, imagine having made all your alimony payments on time, and then receiving a nasty letter from the IRS. It states that they are going to audit your tax returns for the last three years, including your paid alimony deductions. Sounds like a nightmare!
How to Achieve an Amicable Divorce in Georgia
An amicable divorce is a smart option for spouses who are ready to end their marriage and are willing to work together to do so. With an amicable divorce (or “friendly divorce”), each spouse still has the opportunity to protect what matters most in terms of property, financial support, and child custody rights, but both […]