With that in mind, we’re re-posting this helpful article from last year, which breaks down all your different options.
Even after the emotional turmoil of a divorce, life goes on, and so do taxes.
[…] Going through a divorce is stressful, and that stress can have a serious impact on your health.
Gifts also factor in, both those already purchased and wrapped that are meant for the soon-to-be-departing, and those the one doing the breaking-up expects to receive.
Someone looking forward to getting a Wii or a Play Station for Christmas may, for example, delay ending things until the goodie is in his or her hands.
[…] How to prioritize in your divorce negotiation It’s common enough for people to go a “bit crazy” during their divorce proceedings, but the case of a San Diego pointer-greyhound mix named Gigi was so outlandish that it managed to make national headlines. Divorce accounts, like 401(k) plans, IRAs, and pension funds come with a lot of rules and regulations, which makes them a little tricky to tackle in divorce.
However, retirement accounts […] Question: Last year my divorce with my husband became final and he started paying me child support for our two daughters.
Couples that have children will tend to attempt to preserve through the holidays the illusion they are happy out of a desire not to ruin that time of the year for their little ones.
Beyond just wrecking a particular Christmas, few want to risk linking the decorating of festive cookies with Mom and Dad announcing they were getting a divorce, or tying the joy of present opening on Christmas morning with a memory of the last big fight before one of the parents moved out.
People are reluctant to end unhappy relationships just prior to, or during, the holiday season for a variety of reasons.
No one wants to be thought of as a Grinch, the person who lowered the boom on an unsuspecting romantic partner at what was supposed to be the happiest time of the year.
The more complex your estate is, the trickier it can be to know what a fair division of assets is.