One of the most difficult aspects of divorce is ensuring that you address all the essential considerations. While some issues are top of mind, tax issues, because of their complexity, are at greater risk to be overlooked in a complicated and/or high net worth divorce.
All divorces are different. We’ve heard that mantra time and again. But for those people going through a divorce, it is an important reality to consider. This is particularly true when it comes to high asset Florida divorces.
Is there a way to achieve a satisfying divorce while staying out of a courtroom? More and more individuals pursuing a dissolution of their marriage are looking into courtroom-free alternatives. Find out why this trend is popular and how to keep your divorce out of court.
You and your spouse have worked hard. Through your marital efforts both of you have gained prestige, expertise in your fields, credibility, and acquired high standing both in your profession and your community, and you have acquired assets for which you are both proud. And then there are your children, probably the achievements about which both of you have the most pride. But now you're divorcing and whether you are a sports figure, professional, executive, politician, or otherwise in your community or the spouse of one of these individuals, you may have a greater incentive to keep the details of your life and the details of your family's livelihood out of the public's eye.
April showers bring May flowers and the month of April brings taxes. It's tax time again. This is the time of year when people start visiting an accountant. Generally, people are worried about their itemized deductions and how many exemptions they may be able to claim. Spouses of individuals may face another particular tax problem, whether they are single or divorced. This tax problem primarily occurs as a result of filing a joint return with your spouse.
No one disputes that divorce is difficult for parents and their children. But if you add one parent having to relocate because of a job transfer, new job, or moving closer to family for support, it can become very difficult for your children to maintain a meaningful relationship with the geographical distant parent. Consequently, you and your children may be living in different time zones. You may have less time to spend with them because of your work schedule and their vacation schedules.
Don't let your ex-spouse prevent you from obtaining your child's passport. During the spring, most parents start thinking about summer vacation with their children. It is becoming more and more common for children to have passports. Some families routinely travel overseas on vacations or have other family members who live abroad.
A collaborative divorce can help your patients but how can your patients choose a properly trained collaborative divorce attorney?
To the average person, Valentine's Day signifies a day of romance and loving interaction. For the more romantic couple, Valentine's Day sometimes becomes the day they may consider getting married. However, a recent study by economists at the University of Melbourne indicates that weddings that take place on Valentine's Day are 18% to 36% more likely to end up in a Valentine's Day divorce than couples who are married on another day of the year.
Divorce is unfamiliar territory for everyone. When you're first involved in this process, you feel adrift in a world that is turned upside down. You're vulnerable and you need help. When we're suffering from these circumstances in our lives, family, close friends, and business associates freely offer their advice. Their advice may be well intended, but in some circumstances can be quite harmful.
The following are some examples of bad divorce advice that friends, relatives, and sometimes even lawyers may give to you: