Divorce Magazine

Since 1996 Divorce Magazine has been the Internet's leading website on divorce and separation. We provide advice about divorce law, divorce lawyers, family law, custody, support and other divorce related issues along with a directory of divorce professionals.

 

Financial Issues

Can I make my spouse sign a joint tax return if we divorce?

Tanya Helfand, a family lawyer in Whippany, answers: While a divorce case is pending and the parties are still married, if it makes financial sense to file a joint tax return to save money, the parties should do so. The Court has the power to compel parties to file a joint return or issue a […]

Can I safeguard my credit score throughout our divorce?

Mary Elias is a Certified Management Accountant (CMA) and a Certified Divorce Financial Analyst™ (CDFA™), in West Palm Beach, answers: If you are going through a divorce, you should immediately begin taking steps to protect your credit score. Your financial future depends on a good credit rating. Here are some tips for handling your finances […]

Will divorce impact my income taxes?

Loretta Hutchinson, a Certified Divorce Financial AnalystTM with offices in Florida, answers: Your income taxes can be affected in many different ways by your divorce. Some examples (using Florida tax rules) might be: Alimony payments are deductible by the paying spouse, but not child support. If you are the receiving spouse, spousal support payments are […]

What is a financial affidavit and why is it relevant to my divorce?

Bryan J. Koslow, MBA, CFP®, CDFATM, in Red Bank, NJ, answers: The Financial Affidavit is a comprehensive list of all assets, liabilities, income, and expenses for both parties. It contains all relevant case information including the date of the marriage, children’s names, issues in dispute, and the date of separation. Each spouse typically completes his […]

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