Going through a divorce can be a dramatic and trying time. Issues such as division of property, custody of children and family support are huge. And the decisions made to resolve these issues have a tax impact. It is important to know how you will be affected and take steps to minimize your tax liability.
When you're over 50 and facing divorce from a long-term marriage, coming to a settlement agreement that will safeguard a comfortable financial future is complicated.
Hollywood movies have made it conventional wisdom that one way to speed through the red tape of immigration is to marry. This is true. Often, the marriage is one that is genuinely based on love and affection. Other times, not so much: