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401(k) Benefits and Divorce: What to Know
Going through a divorce is a stressful, emotional time. While the breakup of your marriage may be hard to contend with, it is important to realize that decisions you make now could have a significant impact on your financial security in the years to come. Marital property settlement is an important part of most divorce […]
Why Getting a Divorce but Still Sleeping Together is a Bad Idea
Going through a divorce is often a painful, lonely time. Even if your marriage has been headed towards court for the past several years, the very act of separating and filing divorce paperwork can bring up feelings of panic, regret, and sadness, along with fears about what the future might hold. In some cases, this […]
Arbitration vs. Mediation: What’s the Difference for Divorce?
During a divorce, spouses have several options for resolving their differences. Some of these options involve working together to reach an agreement without third-party intervention, while others involve seeking outside help to either bring the spouses’ positions closer together or render a decision in their case. Two options that fall into the above categories are […]
Is Child Support Tax Deductible?
Getting divorced entails a wide range of financial considerations, including potential income tax liability. Spouses who are able to amicably resolve their divorces can often structure terms that provide tax benefits on both sides as certain arrangements have tax implications while others do not. Is child support tax deductible? What about alimony? Can your property […]