Three common tax issues arise with children and divorce: 1. Dependent child exemption. As a general rule, the custodial parent is entitled to claim the dependency exemption. The custodial parent is defined by the IRS as the parent whom the child lived with for the greater number of nights during the year. Note – joint…
There are many issues to sort out in a divorce. When spouses disagree it is usually over children, support and money. In the process, spouses may overlook the importance of addressing common tax issues. The tax dependency exemption for qualified children is worthy of a separate blog. Here are the other top four: 1. Filing…
Florida is the latest state to consider alimony reform. The reform would limit the ability of judges to order lifetime alimony and adjust the way alimony is calculated. Connecticut lawmakers are drafting an alimony reform bill. Other states including Arkansas, North and South Carolina, Oregon and West Virginia have set up “Alimony Reform” groups to…
In many divorce cases, the most valuable asset is the house. Therefore, it is no surprise that how to handle the house is also one the most important decisions a divorcing couple faces. There are many possibilities when it comes to property division. But whatever the decision is, this is an area of the Separation…
A group called Action on Smoking and Health apparently performed a survey on the relationship between custody issues and smoking. The group claims that the issue of smoking is an effective threat for a nonsmoking parent to use in court to gain an advantage in a custody or visitation battle. That’s extreme – but consider…
Back in September I blogged about how lifetime alimony awards in Connecticut were substantially decreasing. Lifetime alimony in Connecticut – is it over? – Bridgeport, CT Metro/Family and Personal Injury Law Blog | Brian D. Kaschel La Now comes word that legislation will introduced in Connecticut to eliminate lifetime alimony. If passed, the new law…