It is a matter of public policy that parents are responsible for the economic support of their children. In the event of a divorce where there are minor children, the ability of each [...]
Federal tax law has long provided that support payments to an ex-spouse, known as alimony, are generally taxable to the recipient and deductible to the payor. For over 75 years, divorcing couples (and [...]
“I work incredibly hard to earn the income that I take home. I may not want to continue to work until normal retirement age. But if I do work that long, I don’t [...]
Divorcing parents likely are in disagreement on many issues. But there are two things they usually can agree on: (i) that they have great kids, and (ii) that kids are expensive! One of [...]
The process of getting divorced can be extremely challenging. During this difficult life transition, clients rely on the expertise of their divorce lawyer who will be their guide throughout this process. Most experienced [...]
Benjamin Franklin was focused on future financial well-being when he wisely stated: “A penny saved is a penny earned.” In seeking an advantageous financial settlement in your divorce, knowing the differing tax consequences [...]
Alimony outcomes in divorce cases are hard to predict. In high incomes cases, they are even more difficult. This is in part because most high income/high asset cases are resolved through settlement processes rather [...]
