10 Steps to Take Before You File

If you are contemplating divorce, it’s tremendously helpful to be as prepared as possible. Here are some tips to help you educate yourself as much as possible. Educate yourself on the divorce, child custody, and property/debt division laws in your state. Create a current inventory of your financial assets (real estate, investments, household goods, vehicles,…

Divorce, Summer, Kids, and Vacations

It’s almost summertime, and living should be easy. However, in families of divorce with children, things can become complicated – especially when planning for summer vacations. Summer vacation can be a major source of contention between divorced parents, because each wants to have the freedom to plan their vacations at will. However, depending upon custody…

Tax Cuts and Jobs Act (TCJA) Ends Alimony Deductions after 2018

As if negotiating divorce settlements was not complex (and contentious) enough, the process is about to get even more complicated, thanks to a major overhaul of the tax code regarding alimony. Under the Tax Cuts and Jobs Act (TCJA), which goes into effect January 1, 2019, sweeping changes are set to upend 75 years’ worth of established rules regarding alimony — namely, that it…