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04/ 02
On January 1st, the tax overhaul law, known as the Tax Cuts and Jobs Act (TCJA), officially went into effect. The passage of this law had a number of important consequences, but one of the most critical involved alimony and how it is calculated for tax deduction purposes. To learn more about this law and how it could affect your…
03/ 05
Prenuptial agreements, commonly referred to as “prenups,” are increasing in popularity, and not just for the wealthy. More and more couples are using prenuptial agreements to determine custody of pets as well as to put into place emotional protections, such as a requirement for counseling prior to a divorce. What is a Prenuptial Agreement? Prior to marriage, couples may sign…
02/ 26
Changes to alimony law which take effect in 2019 prompted some couples to rush to finalize their divorce settlements before the new year since the new tax law will no longer allow the paying spouse to deduct alimony payments from his or her federal taxable income. This means that, if the divorce is finalized after December 31st, 2018, the payer…
02/ 12
Dozens of parents owing more than one million dollars in child support were arrested in Michigan earlier this year. Those arrested were allegedly able to pay support, but chose not to, resulting in the arrests. Although the arrests are no guarantee that child support will be paid to those owed, it sends a strong message about the importance of keeping…
01/ 29
If you are facing the possibility of divorce and you have a child, you are probably concerned about how child custody will be determined. This is one of the hardest issues to resolve when going through a divorce. While there may be many other issues involved in a divorce, most parents are extremely concerned about the well-being of their children.…
01/ 15
Adultery may be the biggest betrayal to a marriage, and many end up in divorce due to it. After an affair, both people in the marriage end up wounded. However, it is possible to recover from the pain and be happy and healthy again. The first step is to protect yourself and be informed of your obligations and rights during…
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