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Divorce And Money

Child Support
Child support, like all financial issues in divorce, can be a point of contention. Even when parents want to do what is best for their child or children, they might not agree on how much money should exchange hands for the care of a child once the divorce is final….

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Division of Marital Property and Assets
One of the most difficult and complex factors in a divorce is the division of a couple’s assets and debts. Marital property includes cars, houses, retirement benefits (pensions and 401k plans), business interests, cash, stocks, bonds, bank accounts, personal property, and other things of value. An experienced attorney can diffuse…

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Divorce and Bankruptcy
It’s common for financial issues to arise during divorce. For many couples, financial disputes are one of the main reasons the marriage ends. In cases where there are serious financial challenges, divorce proceedings will occur shortly before, after, or during a bankruptcy. When this happens, there are several things both…

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Spousal Support and Maintenance
Spousal support, sometimes called alimony, is payment given from one divorcing spouse to the another to assist the recipient in maintaining a lifestyle comparable to what he or she had when married. There are different types of spousal support, including: Rehabilitative Support This is for a limited period of time following the…

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Taxes and Divorce
Since your marital status can affect the way you file taxes, your divorce is an important consideration at tax time and vice versa. The tax consequences of divorce can make a bad situation worse, which is why it is important to work with an attorney who can foresee what’s ahead…

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Who Pays?
The cost of divorce varies from couple to couple. The more complex the issues in a divorce the longer it will take to sort through, increasing the overall cost. Divorce can be extremely expensive, especially when it is contested, and when spouses are faced with a myriad of other financial…

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