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Tax provisions dismantling alimony deduction demand new prenuptial planning
Alimony, also known as spousal support or maintenance, has undergone a major change when it comes to the new tax law. Spouses need to be aware of the new tax provisions and how it affects the money they will pay or receive, depending on whether they are providing or receiving alimony. Previously, alimony was taxable Read More
Parents Getting Divorced: How to Handle the Conversation with Children
The divorce process can be grueling, emotional and stressful. If you’re a parent, one of the saddest parts of getting divorced is telling your children. Children may not be able to comprehend such a major life decision, especially if they are young, and they may think that they were to blame for the divorce. Children Read More
Protecting Your Child During a Divorce: The Private Courtroom Keeps Family Secrets Out of Public Record
Georgia is one of only two states in the country that permits divorcing spouses to air their grievances before a jury of their peers. Although jury trials in divorce cases are relatively rare, the issue of child custody in divorce is not. As a matter of public policy and state law – regardless of whether Read More
Should You Postpone Your Divorce Until After the New Year?
When a couple ultimately decides on divorce, the spouses typically want to get the matter resolved as quickly and painlessly as possible. However, there may be a financial advantage to staying married through the end of the calendar year. Tax liability is a major factor that should be considered when negotiating a divorce settlement. Couples Read More
Should You Keep the Family Home After a Divorce?
During a divorce settlement, deciding what happens to marital home can be gut wrenching. Typically, the home is one of the divorcing couple’s largest assets, but the property can’t easily be split. Either one of the parties may want to keep the family home, but sometimes the better decision may be to sell it and Read More
What is a Postnuptial Agreement and When is It Necessary?
There are many scenarios where a couple ought to consider obtaining a postnuptial agreement, but a common situation is when either the husband or wife has an affair. This can be a very trying time in the couple’s marriage and in deciding how to move forward, they may seek therapy or consult with a divorce Read More