Divorce can be a one-way ticket down the road to financial instability for many women, especially for those who are middle class or low-income. It can mean a loss of work hours, more time (and expense) devoted to childcare and a cold slap in the face when it comes to finding a job or finishing…
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9 Wedding Vows Divorce Attorneys Would Write For You
Here’s how to stay out of their offices. They may not seem like die-hard romantics but divorce lawyers are surprisingly well-suited to the job of writing wedding vows. After all, they’ve seen firsthand the types of problems that can chip away at otherwise happy relationships — and know what it takes to stay out of…
Managing High Asset Divorces in Massachusetts
All divorces can be stressful and important to spouses facing a divorce. However, handling divorces with a high asset value has some additional inherent complexities that not all spouses, or even all attorneys, are aware of. When addressing high asset divorces, there are complicated issues that have to be addressed within alimony, property division, taxes,…
Divorce and Fear: How to Cope
As mediation day approaches, my anxiety rises. This, of course helps no one, least of all me. So, I work on that; daily, hourly. I breathe a lot. Not just your average in-and-out breathing. A lot of deep cleansing breaths, time outs where I lay on my bed, close my eyes, and wait for my…
Dependency Tax Exemptions and Divorce
During the course of a divorce, there are many issues that spouses have to resolve: property division, alimony, child custody, child support, medical insurance, and taxes. One after thought of these many issues is the child dependency tax exemption. In a divorce, spouses can agree how to allocate the dependency tax exemption. For example, if…
Ready to call it quits on your marriage? A little early planning can go far in helping you protect your finances
“Last year I saw a 10 to 15% increase in consultations in January, peaking at a more than 40% increase in March,” says Lisa Decker a certified divorce financial analyst in Kennesaw, Ga. “I refer to January as the beginning of ‘Divorce Season.’” If you’re among those who’ve decided that 2015 is the year you’ll…
3 Reasons Your Spouse May Be Reluctant to Divorce – And What You Can Do About It
Let’s get one thing straight right off the top… If one of you wants a divorce, you are both getting a divorce. You don’t need your husband or wife to give you permission to divorce them. But how you proceed and how difficult you make it on yourself and your children is up to both…
Divorce and Taxes Can Be Complicated
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.…
I Turned Down Alimony – 3 Women’s Stories
In reporting this story I came across a number of people who chose not to take spousal they were entitled to. Here are their stories: “Asking for alimony would be like asking for a pension for a job I no longer did. It just didn’t seem fair.” Suzan French married at 18, soon after had…
Protect finances in later-in-life divorce
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. “Till death do us part” isn’t the case for many Baby Boomers today. “Gray divorces” are occurring more than ever before – the rate for adults ages 50 and older…
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