Life insurance is important in that it can be used to secure financial obligations such as child support or alimony in the event of death if you are the person ordered to pay child support or alimony. Brian Loughmiller is a partner at the McKinney, Texas law firm of Loughmiller Higgins. Serving family law clients […]
Financial Issues
Do I really need a financial advisor to help with my divorce?
Noah Rosenfarb, a Certified Public Accountant and Certified Divorce Financial Analyst® in Short Hills, answers: You only need to use a financial advisor for your divorce if you have questions or concerns about money or if money is an issue in your divorce (i.e. alimony, child support, and division of assets or liabilities). For those […]
Podcast: Amanda Figland & Shari Veisblatt on the Legal Aspects of Divorce
Amanda Figland & Shari Veisblatt, New Jersey Family Lawyers, discuss the aspects of your separation that may have an impact on the ruling of your divorce.
Podcast: Jon Feder & Tom Montoya on Child & Spousal Support in NM
Jon Feder & Tom Montoya, Two New Mexico Divorce Lawyers, explain why understanding the divorce process and its financial issues can better prepare you.
Podcast: Factors That Influence Divorce Outcome in California
Listen to our podcast to see what these California divorce lawyers had to say about the variety of factors that influence divorce outcome in California.
Selecting your Professional Divorce Team
How to choose the best possible advisors during your divorce – including a list of useful questions to ask when you interview these professionals.
If I’m not obligated to pay the mortgage according to the divorce decree
No the mortgage payment does not count against your Debt to Income Ratio (DTI) as long as the divorce decree or other court issued document states that your ex-spouse is required to pay the mortgage. However, if payments are missed or late your credit scores will be effected, and in most cases this will impact […]
My ex-spouse was awarded the house in the divorce decree. I want the mortgage off my credit report. What has to be done to corre
The divorce decree is simply an agreement between you, your ex-spouse and the court regarding who will take responsibility for paying the existing debts. The divorce decree doesn’t nullify or amend the contract you have with the lender or cause the entry for the account to change on your credit report. To remove one party […]
How could my income taxes be affected by my divorce in WI?
Divorcing couples must file their income taxes as “married” until the divorce is final. The marital status on the last day of the calendar year will determine the filing status for the whole year. For example, if a couple’s divorce becomes final on December 10, 2013, they will file as unmarried on their 2013 taxes. […]
How could my income taxes be affected by my divorce in Wisconsin?
Divorcing couples must file their income taxes as “married” until the divorce is final. The marital status on the last day of the calendar year will determine the filing status for the whole year. For example, if a couple’s divorce becomes final on December 10, 2013, they will file as unmarried on their 2013 taxes. […]
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