Although divorce law is constantly evolving, one thing has remained constant for the last 75 years. Alimony was tax deductible for payers and considered taxable income for receivers. For divorces finalized after December 31, 2018, that will not be the case. Trump’s new tax law, which may soon be an issue in Don Jr.’s pending […]
Determining Who Keeps the Car in a Divorce Case
Dividing up the property in a divorce can be extremely stressful. Of course, different assets are weighted differently in this process. To that end, determining who has the right to the family car can lead to a lot of legal and emotional turmoil because, as we all know, a car can be a person’s sole […]
The Intricacies of an Uncontested Divorce
Relative to the mid-twentieth century, divorce rates have been quite high for some time, resting in and around the 50-percentile range. In 2015, for instance, there were about 2.2 million marriages in the US and around 800,000 divorces, making for a 45 percent divorce rate. However, it should be noted, divorce rates have fallen by […]
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