When a transition is as difficult as divorce, it’s understandable that you might want to pull off the band-aid as fast as possible. But rushing the process, or making decisions fueled by emotion instead of reason, may yield devastating life-long consequences. Both genders can make mistakes during dissolution but some are more common to men. Here is a list of divorce “don’ts” – and tips on how to avoid making them. Read more
When spouses make the decision to separate or divorce, the next step typically involves one spouse moving out of the family home. But is this next step the right step? If you are the spouse thinking about moving out, make sure you have considered all the potential legal ramifications of leaving your home.
Should you stay or go? Here are four questions you need to be able to answer before making a move:
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Tax season is almost upon us, and if you’re separated or in the process of getting divorced, you may be concerned about how your relationship change will affect filing your income taxes. Do you still file as a married couple if you split up in 2014? Will selling your house this year as part of your divorce drive up how much you owe Uncle Sam next year? What about alimony payments? Here are four tips for dealing with common divorce-related tax issues. Read more
When it comes to dividing assets in divorce, the issue of “what happens to the house?” is usually one of the most contentious and emotional issues a couple must address in reaching a settlement. Why is the house such a big deal? In most marriages, real estate, in the form of the family home, represents the largest jointly owned asset up for division. Secondly, but of no less equal importance, can be the emotional attachment many feel with their home, especially if they are raising children. Read more
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