Dear clients and Friends, As we all know, life often doesn’t go as planned. Nothing illustrates this more than divorce. Bankruptcy is similar. You made financial plans, but for whatever reason your debts got out of control and you realized you might need a court to protect you … [Read more...] about Divorce and bankruptcy: which should I file first?
Dear Clients and Friends, If there’s one thing family courts hate, it’s a spouse who plays dirty by trying to hide assets in the hopes of avoiding having to split them as part of the marital estate. Doing so can bring stiff consequences, such as having to cede a bigger … [Read more...] about Transfer assets to trusts with extreme caution (if at all)
Dear Clients and Friends, “Do-it-yourself” divorce apps and programs for preparing and processing forms have become more popular. While DIY divorce may turn out fine in some cases, it’s full of risk. If your divorce is simple (because it doesn’t involve kids, neither side … [Read more...] about “Do-it-yourself” divorce apps – pros and cons
The life challenge of a bankruptcy or a divorce will, each on their own, generate an all too memorable life experience for most anyone. Add to this having these events occur together (an all too common phenomenon) and the need for maximum damage-control skyrockets. The good … [Read more...] about Divorce and Bankruptcy
Dear clients and Friends, The comprehensive tax law titled: TAX CUTS AND JOBS ACT OF 20 17 (TCJA) was passed by Congress and signed into law by the President in January of 2018. In the world of Family Law, spousal support - aka alimony - is the new provision of highest … [Read more...] about Spousal Support (aka Alimony) and our new Federal tax laws
Dear Clients and Friends, An important issue in a divorce can be the childrens' college education. For example, what percentage will each parent contribute? How will the college plan be funded? Will the parents be responsible for just tuition, or for room, board and … [Read more...] about Divorce agreements vague about college costs create risks