The House Republican tax plan proposes eliminating the tax deduction for ex-spouses making spousal support payments effective Jan. 1, 2018. Current alimony recipients will no longer be required to pay taxes on any payments made to them. In California, the...
Property division, assets and divorce debt
Statistics show that married couples are in debt with mortgages, cars, credit cards and student loans. Owing money is hard enough to cope with when all is well on the home front, but things can turn ugly fast during a divorce. In California, couples will need to...
Tax changes could make alimony settlements more contentious
The process of getting divorced can be a draining experience -- emotionally, mentally and financially. While California residents are obligated to approach property and asset division in a certain manner, other issues such as alimony may be more difficult to agree to,...
Tips on co-parenting college-aged children during the holidays
It’s never easy sending your child off to college. It’s a huge life transition for the child moving into adulthood and for the parents. It isn’t any easier when you are sending away your child alongside your ex-spouse. While you negotiated custody...
Women entrepreneurs in high asset divorce cases
There are special concerns and financial challenges for women entrepreneurs during a divorce. Whether the business is a joint venture with an ex-spouse or a sole proprietorship, it is critical that the company's worth is revealed. In California, one must be vigilant...
Child custody, co-parenting and divorce
Planning for a family's future after divorce and learning how to parent between two households can be a daunting experience. Trying to schedule visitation with children can be like running an obstacle course, particularly when communication between the parents is...