Category Archives: Divorce
Who Gets Retirement Accounts After a Divorce?
Whenever couples get divorced, they go through the process of dividing their marital assets. These assets include any retirement accounts that were created during the time the couple was married. In some cases, retirement accounts could potentially be among the most valuable components of the overall estate, which means they can become a focus of… Read More »
Choosing the Right Day Care for Your Children
For parents who have just gone through a divorce, it can be a challenge trying to figure out what they will do to care for their young children, especially if they work long hours. Many divorced parents opt to send their young children to day care. However, when you begin looking into day care facilities,… Read More »
Child Tax Credits After Your Divorce
Some of the most valuable tax credits are those that are granted to parents to help provide assistance with the costs of raising their children. But when parents are separated or divorced, who gets to take advantage of these tax credits? There are different stipulations for each type of tax credit: Child and Dependent Care… Read More »
You Can Appeal a Divorce Arrangement if There Was a Mistake
If you believe that the judge in your divorce hearings made some sort of error that led to an unfair arrangement or that otherwise impacted your case, you do have the ability to file an appeal. In this situation, a higher court would review the original case and the original judge’s decision. However, it is… Read More »
How to Help Your Children Get Through Your Divorce
Divorce is certainly a stressful process for children. However, there are still ways that you can help your kids get through the process so that it is easier for them to be at peace with your decision and get back to living a happy, “normal” life. The following are few tips for helping your children… Read More »
Contrary to Popular Belief, National Divorce Rate is Declining
You’ve probably heard the statistic thrown around that 50 percent of all marriages end in divorce, and that the amount of divorces in America is increasing all the time. However, a recent piece from the New York Times suggests that neither of these “facts” are true. The following are few of the facts presented in… Read More »
Military Divorce Rates at Lowest Level in a Decade
New statistics released by the U.S. Department of Defense indicate that the divorce rate among service members decreased again in 2014, putting it at the lowest point it has been since 2005. The statistics include divorces among both officers and enlisted service members. Pentagon officials say that the military divorce rate was 3.1 percent in… Read More »
The Most Common Divorce Myths
If you are preparing to go through a divorce, chances are you’ve heard a lot of misinformation about divorce statistics, how you’ll feel after a divorce and more. Here are a few of the most common myths that you can ignore: Divorce is always harmful for children. While divorce certainly isn’t a piece of cake… Read More »
Fraudulent Marriages
Many individuals are happy to be married once. Many individuals are happy when that first marriage ends and would never think of marrying again. However, one woman, in the Bronx, was so enamored with the idea of being married that she didn’t stop with one marriage, or even two. She was married ten times, and… Read More »
How to Make Sure Alimony Payments Are Tax Deductible
Not all alimony payments automatically qualify as being tax deductible. There are seven different requirements that the IRS has for taxpayers who want to deduct payments they make for alimony. They are as follows: Payments should be in cash or check. You cannot give assets that equal the value of your payment if you want… Read More »