Readers may know that marital estate obligations may impute both profit and debt liabilities to divorcing spouses. However, a spouse’s actions may also impact business valuations.
As a divorce attorney knows, the logistics of modern visitation agreements can be quite complicated. Spouses who are approaching their divorce with a spirit of cooperation may assume that dividing physical custody and parenting responsibilities equally between them might be the easiest solution. However, federal tax rules about which parent may claim a deduction for a dependent child may require parents to rethink their original plans.
According to a recent article, the increase in recent years in the number of stay-at-home parents might be driven by economics, rather than lifestyle or parenting trends.
Gwyneth Paltrow appears to the most recent poster child for a new movement in amicable divorce. In a recent blog entry on her lifestyle website, Goop, Ms. Paltrow confirmed that she is separating from Chris Martin, of Coldplay musical fame. However, she is committed to sparing the two kids she had with Martin from heartache. To do that, she describes her approach as a conscious coupling.
For parents who go through a divorce, a joint custody award might raise financial questions. For example, in the case of a spouse who shares in child support expenses and/or mortgage payments for the family home, keeping a joint account might seem to be the most convenient option.
If disputes arise in a divorce, both the time and cost to the parties can increase exponentially. An experienced divorce attorney may have strategies for presenting issues to the other party in a manner that encourages resolutions without court involvement. Even in uncontested divorces, however, the time between an initial filing and the final divorce decree can take several months.
Parents know that good parenting requires more than just so-called quality time. Indeed, establishing a close parental rapport with a child cannot be created from short, scheduled sessions. In fact, no formula can guarantee that type of open relationship, where a child is able to talk easily to a parent without awkward or self-conscious silence, and is comfortable simply being around that parent.
Readers may have heard of the seven-year itch. In terms of marital happiness, the seven-year milestone may represent a turning point or a hallmark of marital stability and bliss.
In a divorce proceeding, the court may enter various judgments while the proceeding is ongoing.
Readers of this divorce blog know that divorce can be expensive, especially if matters like valuing and dividing the marital estate, child support and alimony are hotly contested. Yet a recent finding may surprise readers.