By Tanya Helfand | Published October 17, 2017 | Posted in Collections, Credit Cards, Debt, Debt Collection, Divorce | Tagged Tags: Divorce, separation |
Determining Costs and Paying Bills During Separation and Divorce
A divorce is very emotional, but you will need to focus on how the bills will be paid. The costs of a marital lifestyle can be much different than the reasonable needs of the parties and family after a divorce and creation of two households. The adjustments that have to be made can be handled Read More
Read MoreNo Compromise Equals Collateral Damage
During a divorce, parties need a plan to live by until the divorce is finalized. Each family has its own issues to be faced in the interim period between when a divorce is filed and the final divorce. The final divorce can be months or years later. If the parties are unable to work out Read More
Read MoreRetirement and Alimony
After a long term marriage, when divorce occurs when people are older and getting to the time of retirement, the issues of alimony and equitable distribution require planning for retirement. If someone is getting divorced at age 55 who is married for 25 years but can retire at 67, the alimony may stop at retirement. Read More
Read MoreDivorce and Taxes
When parties divorce, their Property Settlement Agreement must address issues related to taxes. This includes Agreements on dependency deductions, how to file and when the parties no longer will file a joint tax return. There are tax implications to the distribution of retirement investments and savings, alimony, deferred pension benefits and other matters which should Read More
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