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April 2017 Archives

Keep an eye on joint accounts during divorce

For many couples, one of the most difficult parts of divorce is separating your financial lives, which may have been intertwined for years, if not decades. Most couples have at least one if not multiple joint bank accounts and credit cards. It's essential to keep an eye on all of those joint accounts during the separation and divorce process or for as long as your name is still on them for a couple of key reasons.

Domestic violence often follows victims to work

We've all heard the troubling statistics about domestic violence. For example, on average, a woman is fatally shot by a current or former husband or boyfriend every 16 hours. That doesn't even take into account women who are killed by other methods such as stabbing, strangulation and beating.

Reporting alimony on your tax return

If you are paying or receiving alimony for the first time this year, be prepared for your return to get a little bit of extra scrutiny from the Internal Revenue Service. That's because, in recent years, the IRS has found a number of inconsistencies between what those receiving alimony report and what their exes list.

Can you avoid a bitter dispute over pets in a divorce?

For many couples, particularly those without children, one of the most difficult decisions to make during a divorce is who gets the pets. Often these animals are their surrogate children. However, they aren't considered children under the law, but property.

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