One of the challenging parts of a divorce is figuring out how to divide your shared assets. Here are a few things to know about this part of the divorce process.
Community Property Division Laws May Be a Factor
It's very important to look into your state's laws regarding property division. Some states have community property division laws, which means that all property acquired during the marriage should be split between both partners as equally as possible.
When you get a divorce as a parent, you and your spouse have to come up with a co-parenting plan. One major component of the co-parenting plan is your children's education. Your circumstances will determine your plans, like if one of you is planning to move a distance away from the other parent and the child needs to change schools. If one of you wishes to send your child to a private school, you have to determine how to divide tuition.
The idea of hiring a tax attorney sounds scary. In reality, though, tax attorneys invest most of their effort into steering their clients clear of bad things. You have to hire one at the right time, however, to be sure you'll avoid trouble. Here are five legal situations where it's best to seek a professional's tax advice.
A windfall can radically alter your tax situation. If you receive a large amount of money in a single year, that's a windfall.
For many couples considering divorce, the idea of having lawyers on each side battling things out can be anxiety-inducing. Those types of mental images often discourage divorcing couples from reaching out to lawyers during their divorce process, when a divorce lawyer is one of the best investments that you can make. Here's a look at some of the things that you should know about divorce law and working with an attorney to complete your divorce.
Divorce is an emotional time, especially for your children. Dealing with child support and custody is vitally important but is also emotionally taxing. Still, both parents need to be keenly aware of their rights during the process of negotiating child support. If you do not agree with your child support order or if you do not think the amount decided by the judge is fair, here are some things you need to know: