According to MarketWatch women face these surprises during a divorce. They are mostly financial surprises: Assuming child support and/or alimony would be higher or last longer Assuming they could keep the marital home Being unaware of the total size of their marital debt including the primary mortgage, home equity line of credit, auto financing, credit card debt, 401(k) loans and student loans Not anticipating they would have to return to the workforce The staggering cost of health care insurance Underestimating the cost of getting a divorce More women are payingContinue reading
According to Business Insider, scientists have gotten pretty good at predicting who’s most likely to wind up there. You can learn more HERE. Below are some factors that can predict divorce: Getting married in your teens or after age 32 Having a husband who doesn’t work full-time Not graduating from high school Showing contempt for your partner Being overly affectionate when newly married Weathering daily stress Withdrawal during conflict Discussing your relationship in a negative way What do you think?
In 2019 spousal support will no longer be a tax deduction. Contact us as soon as possible to finalize your divorce this year to maintain this tax benefit. A common tax deduction for alimony will be eliminated for any divorce finalized after December 31, 2018. This new law is part of the Republican tax overhaul President Trump signed into law late last year. The looming deadline has lawyers working overtime and their clients scrambling to become ex-spouses in a bid to avoid paying higher taxes. When a coupleContinue reading
You can learn more HERE! This article offers good tips to handle money situations that may come up after your divorce is finalized. After a divorce, you may find yourself discussing money with your Ex on a regular basis. While it may not always be easy to have these conversations, it’s important to maintain civility and focus on what’s best for you and your children. Prioritize Communicate Walters Law Group, Ltd. helps people and families with divorce and family law issues throughout Chicagoland. If you need help with aContinue reading
Ho can you stay connected with your kids after a divorce? You can learn more HERE. Never STOP pursuing your kids Make your time meaningful Make you home welcoming Make a fresh start Be respectful or your ex Be consistent Try to live near your kids Be sensitive and careful when you introduce someone new Divorce is never easy for you or your kids. These tips can help you stay connected with your kids after a divorce.
What should you know before you sign a prenuptial agreement? Forbes wrote a great article that discusses prenuptial agreements at length – CLICK HERE. Talk to a lawyer Each of you should have your own attorney Know your state’s marriage laws Make sure you do it right!
Telling your kids about your divorce can be tough on you and them. Use these tips to help them get through it – you can learn more HERE. This article offers very good tips! Be united with your spouse Talk as a family Pre plan what you want to say Expect different reactions and emotions Be open and available for questions
One of the most difficult things in life is to get out of an abusive relationship while you are still in love. You can learn more HERE. In order for you to have what you want in life something must change. These are some common obstacles that make it difficult to leave a relationship. Guilt Confusion Isolation Change is never easy, especially when you love and care for another person. Getting out of a bad relationship is never easy. Sometimes you have to endure pain and hardship to toContinue reading
According to Your Tango these are signs that may mean your marriage may be over. Sex is boring and mechanical. Many problems and few solutions. Name-calling, insults, belittling put-downs, and personal attacks aimed at embarrassing and hurting a spouse are all signs of divorce. Anger Cheating Selfishness The need to always be right Kissing is no longer passionate You don’t talk like you used to Too little and too much money
Divorce is, in general, a contentious process. While this is not always the case, it is the most common way the process turns out. It’s natural enough that the parties involved would struggle to agree on divorce terms and dissolve their union permanently, however a new tax law stands to increase the bitterness between divorcing parties by quite a bit. The Status of Alimony Out of all of the potentially sour aspects a divorce contains, alimony is perhaps one of the acridest. The individuals paying often resent theContinue reading