From the Blog
Alimony can be one of the costliest parts of any divorce proceeding. If you and your spouse are considering a divorce, it’s crucial to consider the long-term cost of alimony to see if you’re financially prepared to take on that responsibility once the proceeding has ended.
Special needs trusts exist to set aside resources for disabled loved ones who may need long-term or sustained care. There is some careful planning involved, especially when considering whether to construct the trust as a first- or third-party document.
There are a number of tax implications to consider when beginning divorce proceedings. Everything from higher deductions to claiming dependents as an individual will make all the difference when it comes time to file in 2021.
Alimony amounts are typically determined by the court and take into account a wide range of factors. It’s important to understand how these factors, especially the needs of children and custody, will affect the overall amount in which you may have to pay.
There are a wide range of ways business assets can be divided within a divorce. The first step is valuation followed by a plan created between both parties, the court, or just the court to create a fair solution for everyone.