“Removing the Ex-Spouse from the Mortgage”

Divorce & Family Law

“REMOVING THE EX-SPOUSE FROM THE MORTGAGE” A very common problem in concluding a divorce matter is following up on an agreement where one spouse is to “buy out” the other spouse’s interest in the former marital residence. If an agreement as to the amount of payment...

“Divorce and Estate Planning”

Divorce & Family Law, License Restoration

DIVORCE and ESTATE PLANNING Quite often I am asked by individuals who have recently gone through a divorce: “Do I have to do anything about my estate plan now that I am no longer married?” The answer often depends upon whether they have a Will or Trust Agreement...

“Shades of Gray – Part Two”

Divorce & Family Law

“Shades of Gray” Part Two In a previous blog we wrote about the increase in divorce proceedings among older couples in their 50s and 60s and approaching retirement. We discussed several reasons for that, and here we explore some of the unique issues facing a couple...

“Tax Exemption Questions”

Divorce & Family Law

TAX EXEMPTIONS QUESTIONS In my divorce I bargained to receive the tax exemptions which the Tax Reform Legislation of 2017 has cancelled.  What do I do now? The Tax Reform Legislation passing in 2017 is the most sweeping tax legislation to be enacted since 1986 and...

“Orthodontic Expenses in a Divorce”

Divorce & Family Law, Uncategorized

Orthodontic Expenses in a Divorce When a parent hears that his or her child will need braces the first thought is likely to be: “How will I pay for this?” How shall we share the expense? In a Divorce situation the cost of braces should be shared according to the...

“2018 Tax Planning in Divorces with Alimony/Spousal Support Payments”

Divorce & Family Law, Uncategorized

2018 TAX PLANNING IN DIVORCES WITH ALIMONY/SPOUSAL SUPPORT PAYMENTS In the recent past, it has generally been beneficial for both parties to file a joint tax return in any year during which divorce proceedings are underway.  For example: the parties frequently delay...