Divorce can be overwhelming whether the decision is a mutual one or not. There are so many details to address and life-changing decisions to be made when you are least emotionally able to do so; being prepared and organized can help relieve some of the stress. Gathering the necessary documents,…
Articles Posted in spousal support
Coping with Divorce’s Most Common Fears
Like all endings, divorce is a highly emotional process, and one of the strongest emotions it elicits is fear – fear over how people, particularly your children, will react … fear over money and financial stability … fear over what the future holds. But fear, when not confronted, can lead…
It’s Tax Filing Time: How Will Your Divorce Impact Your Returns?
It’s that time of year again when most of us are sitting down to prepare our income tax returns, or at least thinking about it. If you are newly divorced, don’t neglect to consider the impact that change may have on your tax returns. One of the biggest changes may…
How Your Divorce May Impact Your Tax Returns
If you are recently divorced or currently going through the process, even routine matters like filing your annual tax return raises questions. Can we still file jointly? Must I add spousal or child support payments to my adjusted gross income? Which one of us can claim the children as dependents?…
The ABCs of Spousal Support
Spousal support, or alimony, is intended to make sure one spouse – usually the non-working or lower-earning spouse – is not unfairly impacted financially as a result of divorce. Although it is an important part of the divorce terms, spousal support generally is not decided until late in the divorce…
The ABC’s of Mediation – Part II: Financial Issues
This second article from attorney and mediator Rosalyn A. Metzger on Mediation focuses on how the process addresses financial issues involved in divorce. To read the first article, see “The ABC’s of Mediation – Part I: The Process.” Negotiating Financial Issues Part of divorce mediation involves financial issues. Although you…