What Your Divorce Lawyers Do Not Always Tell You: Alimony Requires Estimated Tax Payments

What Your Divorce Lawyers Do Not Always Tell You:  Alimony Requires Estimated Tax Payments

Estimated Reading Time: 5 Minutes 20 seconds
This article only applies to divorced or divorcing spouses whose alimony award was established, pursuant to a signed Property Settlement Agreement (PSA), and/or the spouses were officially divorced, on or before December 31, 2018. 
The IRS Monitors Divorced Individuals’ Payments of Estimated Taxes.

Child Custody Problems – Should I Use a Divorce Attorney or a Mediator?

Child Custody Problems –  Should I Use a Divorce Attorney or a Mediator?

Estimated Reading Time: 4 Minutes 40 seconds
When families break apart in a divorce, many parents do not know where to turn to get help.  Divorce lawyer?  Divorce mediator?  What is best when it comes to planning for children when their parents are getting a divorce? Here is some information to help you choose what route to take:

Parents must decide whether they want the fate of their children’s upbringing to be made within the family unit (by mom and dad) or by a judge.

Mediation: Best for Building Relationships Between Non-Custodial Parents and Their Children

Mediation: Best for Building Relationships Between Non-Custodial Parents and Their Children

Estimated Reading Time: 2 Minutes 20 seconds
Torn between mediation vs litigation? If you are posturing for a custody dispute, mediation is best for parents who may end up as non-residential parents. This is especially true if you are the parent who thinks he or she may end up as the non-residential parent (non-primary custodian). 

As a non-residential parent, your odds of building a strong and long-lasting relationship with your children -- by being a part of their lives while they are growing up --  is much greater if you opt for mediation over litigation.

Dependent Exemptions, Child Custody & Divorce

Dependent Exemptions, Child Custody & Divorce

The Internal Revenue Code has changed as of December 22, 2017. For up-to-date information call Robin at (571) 220-1998.

Parents getting divorced often want to know "who has the rightful claim to our child for income tax purposes?"  "Who gets the child exemption?" (which is often referred to as a "deduction").   To answer these questions, we have to first look to the IRS.  Their rules, though not too complicated,  can be confusing -- especially because some of their rules are soft (can be altered by tax payers) and some are hard (cannot be altered).   Also,  there are a lot of myths about the child exemption and other child-related benefits when it comes to divorce and child custody situations.