Divorce

2020 taxes income tax divorcees

2020 Taxes: The Changes for Divorced and Separating Taxpayers

Sorting out finances during a divorce always takes time and effort. The coronavirus pandemic has only made it more complex. A combination of the relatively new Tax Cuts and Jobs Act (TCJA) and the pandemic’s CARES Act has led to unique situations for those getting divorced in 2019 and 2020. If you have questions about …

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Heading for a divorce? Secure retirement is still possible with careful planning

Divorce deeply impacts all aspects of your life, not just your marriage. As prior posts on our family law site have covered (read more about retirement, the economy and property as they relate to divorce), the impact of divorce reverberates through parenting, housing, work, money, insurance, and retirement. Many men and women fear divorce will …

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Divorce During Recession: When the Strength of Your Marriage and the Economy Both Break

?All good things must come to an end.? We have all heard the saying. It is a bittersweet reality we?ve all had to accept at different times in our lives. For many families, that reality never feels more impactful, emotional, and scary than when a good marriage is over. Another area in life where this …

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How Do California Courts Divide RSUs in Divorce?

[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] Divorce proceedings can be highly complex, especially when dividing marital assets. Even in this complicated process, restricted stock units (RSUs) stand out as a challenge for divorcing spouses and their lawyers. The question of dividing RSUs after divorce is particularly relevant in …

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Revenge Porn in California has Family Law Consequences

[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″][et_pb_text _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]Revenge porn refers to cases in which someone shares private, sexual photos or videos of someone else without consent. For most people who commit this terrible act, the intent is to humiliate the victim, who is usually a former sexual partner. Even if …

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2019 Brings Changes for Divorced and Separated Taxpayers

April 15, 2019, will bring in further changes to income tax filings for separated and divorced couples after the passage of the Tax Cuts and Jobs Act (TCJA). Indeed, there will be changes for the vast majority of Americans, but here we will only address some specific issues related to divorced and separated couples. If …

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Divorce Planning During the Holidays

For many, the holidays are about family. That’s why navigating this time of year is challenging for people planning to divorce.?By giving yourself time to plan the coming weeks and exercising some self-care, it can be a manageable period for you and your family. Accept Your Emotions No matter your family situation, you are bound …

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How the Tax Reform Affects Alimony Payments in Divorce

Ending a marriage is rarely easy. The process has emotional and legal implications that take time to work through. For most couples, the financial aspects of divorce are the primary focus of settlement negotiations. Additionally child support, asset division and other financial considerations, are also important concerns. The combination of these concerns are usually the …

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