You may be seeking a legal separation from your spouse to protect your interests, help your financial situation, and more. Even when separation is at the forefront of decisions between you and your spouse, you may wonder what rights you will have when a legal separation takes place. We have answers for you. Rights During… Continue reading →
Posts Tagged ‘taxes’
What Are All the Different Aspects Prenuptial Agreements Cover?
What is a prenuptial agreement? It is a contract that you and your fiancé sign as a way to communicate specific needs, protect your assets, and ensure that your children receive an inheritance if something happens to you or your spouse. They are very broad as they cover many different topics that could be essential… Continue reading →
Divorce and tax consequences
When a couple is divorcing and one of their main concerns is division of property, they hardly ever think about the tax consequences they will encounter down the road. When it comes to child or spousal support, these issues are treated differently under the tax laws. For example: · A parent who pays child support… Continue reading →
Tax consequences and divorce
When a couple is going through the divorce process, especially when they are fighting over the division of assets, they are not thinking about the significant tax consequences down the road. It is important to know how to make informed decisions about the tax consequences of property division and support payments. It is important to… Continue reading →
Property division and tax consequences
When proceeding with divorce, it is very important for both parties to pay close attention to the relationship between divorce and taxes. The method in which assets are divided can have significant tax consequences to each of the spouses. Tax consequences pertaining to the division of assets in the marital estate plus payments of spousal… Continue reading →
Who is responsible for taxes in a divorce?
Going through a divorce is stressful enough without having to worry about paying a joint tax bill. It is important to bring up the matter of taxes during the divorce process; make sure the tax debt is separated at that time. You need to learn what your options are for ensuring that you pay only… Continue reading →
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