How much does a divorce cost? It depends. It depends on how well parties can agree on how to divide assets, debts, co-parent the children, and whether and how much one party will receive ongoing financial support from the other. Parties can choose several routes through the divorce process: Do it yourselves (“DIY”), Support from […]
Family Law
Four Documents Young Adults Should Take to College
Turning 18 years old comes with new privileges, responsibilities, and privacies. Among them are managing finances, education, and healthcare needs. In other words, Adulting. In the eyes of school administrators and healthcare providers, your child has become an adult. This means that your young adult needs to provide permission for you to access their school […]
Mediation: Is it Right For You?
You have probably heard the term “mediation” offered as a solution to interpersonal issues that have legal implications, like: Divorce and parenting Probate Landlord / Tenant Employment What is mediation? Mediation is a process where a neutral third party facilitates a resolution of issues by participants. Let’s break that down: Neutral Third Party: A mediator […]
Did the Tax Cuts and Jobs Act Change your Alimony Deduction?
The Tax Cuts and Jobs Act of 2017 (TCJA) is a 1,000-page law that made more changes to the US Tax Code than any tax law in the last three decades. One change that has received a lot of attention is the elimination of the alimony deduction. Those who already have established alimony awards can […]
What Every Divorcing Parent Should Know About Custody
If you have children with your spouse, divorce won’t be the end of your relationship. You’ll both need to figure out a partnership that works for your child’s best interests. Divorced parents typically share custody and need to communicate about everything from schedules to educational plans. Here are some basics: There is a Difference between […]
5 Ways to Prep your Finances for Divorce
Before the attorneys and judges look into every aspect of your financial life, it’s important to prep your finances for divorce. With the right preparation, you reduce the risk of your spouse racking up debt in your name and trashing your credit score, and help the process go a little more smoothly. Once you file […]