Selling a property is not always easy – especially during a divorce. But at the end of the day, getting it done as quickly as possible and for a fair price means that you both can move and get on with your lives.
Financial Issues
Hiring A Business Valuator — When Is It Necessary and Worthwhile?
It’s never required that the parties engage in a business valuator, the parties agree to valuations. Unfortunately those agreements are not as forthcoming or as frequent and forthcoming as we might like. There are ways of looking at business value without hiring and obtaining the opinion of a business valuator. Give you an example of […]
The New GOP Tax Law: Good or Bad News for Divorce?
The new “Tax Cuts and Jobs Act” eliminates the alimony payment deduction for divorces finalized after December 31, 2018. How will that impact divorcing spouses?
The New U.S. Tax Law for Families and its Implications
The GOP’s new U.S. tax law for families “Tax Cuts and Jobs Act” has some good and bad changes for that could affect separated or divorced individuals.
Divorce and Debt: Tips to Ease Your Money Woes
The decorations have all been packed away, and all that’s left of the holidays are the bills. Is it time to start worrying about how you’re going to cover your debts?
Can someone declare spousal support as child support to save on taxes?
If you’re looking to save on taxes, child support is not taxable or tax deductible. In other words, alimony is paid out of your gross income.
How can a domestic partnership agreement address joint credit cards and debts?
You’re not responsible for your partner’s debts just because you live together. However, you are responsible for debts that you have agreed to pay. If you and your partner have a debt in both of your names, like a joint credit card, then the issuing company can hold both of you responsible for paying for […]
How can a domestic partnership agreement address joint bank accounts?
A joint bank account is something that can be accessed by another party. If either partner made a decision to take all the money from the bank account, technically they could. A partnership agreement can lay out terms for how to divide the account. Should it be a 50/50 split? Should it be according to […]
Fairly Divided Assets: What Can Unmarried Couples Do To Ensure Them?
What can unmarried couples do to ensure fairly divided assets? Read on to learn how to protect your largest asset, the home, with cohabitation agreements.
How does the party with fewer assets protect themselves in a prenuptial agreement?
The first step is to get a lawyer to ensure that you are being treated fairly in a prenuptial agreement. If a party does not have significant assets and they are marrying the person that does have significant assets, it’s valuable for that party to have a prenuptial agreement so that he or she knows […]
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