As most of our readers likely know, spousal support (alimony) payments stopped being deductible for the payer for any divorces finalized after 2018. They’re no longer taxable for the payee as income, either. Those were just two of many changes included in the Tax Cuts...
Divorce
Does having a teenager increase your risk of divorce?
You survived the terrible twos, enjoyed the fantastic fives and found that the sassy sevens were not bad as people said. Yet, like parents across the country, there is one stage of your child’s life you still fear: The teenage years. When puberty hits, it can play...
Co-owning a home with your ex-spouse after a divorce
Generally, divorced couples do not continue to co-own their homes after the marriage ends. Either one person keeps the house as the marital assets are divided or the couple sells the house and divides the money. These are the easiest methods as the relationship draws...
Should you change your name after a divorce?
If you’re getting a divorce, one of the things you might be interested in is changing your name back to your maiden name. If your name was previously changed after you got married, then you may be familiar with the steps you took before to change your name. Now,...
How to tell your children about your divorce
Asking for a divorce is difficult. Moving through the process is stressful and worrisome. And telling your children about your divorce is all of these things, plus so much more. There’s no easy way to tell your children about your divorce, as they’re sure to have...
Cope with the strain of divorce with these 3 tips
Divorces can be extremely stressful, especially if they are contentious. If you are dealing with one that keeps dredging up emotions, then you may feel tired, drained or frustrated. The good thing to remember is that your divorce will eventually be finalized, and...
Make sure your prenup is actually valid
You’ve already considered whether or not a prenuptial agreement is right for you, and you think it is. As a small business owner, you want to protect your business and your assets. A marriage ending is one thing, but you don’t want it to also put an end to your career...
How to ask your spouse for a divorce (the right way)
You want a divorce. You have no doubt that ending your union is probably the best thing for your spouse -- and it’s definitely the best thing for you. However, the way that you approach this necessary conversation with your spouse can vastly influence exactly how easy...
The effect of divorce on children
Things were different in generations gone by. Many couples stayed together for the kids -- or stayed together until the last child left home. There was a widely held belief that this was the right thing to do, and failing to keep your marriage together could lead to...
Technology can improve the way you communicate when divorcing
Splitting a family is always hard regardless of your circumstances. You probably wish there were a way to make things easier, especially when you must still communicate with your spouse. In marriages without children, it is relatively easy to get a divorce without the...