New tax law eliminates alimony deductions after 2018

Attorney Tabano alimony, law, support, tax

The new tax law will affect people differently, depending on whether they’re paying or receiving alimony. In divorce situations, one spouse or ex-spouse may become legally obligated to make payments to the other party. Because these payments are often substantial, locking in tax deductions for the payer has often been an important issue. Before the new Tax Cuts and Jobs …

22 Divorce Experts Share What They’ve Learned About Divorce –

Attorney Tabano alimony, divorce, law, marital assets, relationships, separation

No matter your status…thinking about divorce, going through a divorce or moving on after a divorce, there will be work to be done on your part. Your own words, actions and thoughts undoubtedly play a role   If you’ve made the decision to divorce your first priority should be creating a process that is beneficial to all parties involved. According …

8 Things No One Ever Tells You about Divorce

Attorney Tabano alimony, child support, custody, divorce, law, marital assets, relationships, separation

 Source: Divorce 360  8 Things No One Ever Tells You about Divorce       When you decide to divorce, it’s almost as if you’ve entered a club with a super-secret handshake…only no one is quite certain how to do it. So we asked the divorce360.com community what  they wished they had known before they decided to file for divorce. From …

40 Secrets Only Divorce Attorneys Know

Attorney Tabano alimony, child support, custody, divorce, insurance, law, marital assets, qdro, retirement, separation, social security, support, tax

The Divorce process is a stressful process that can easily bring out the worst in people. Some people even see divorce as a way to seek revenge on a spouse by seizing money and assets. Although divorce can get you out of an unhappy marriage, it can also milk you for all you are worth if you don’t know your …

10 assets you might forget to include in your divorce

Attorney Tabano alimony, divorce, law, marital assets, relationships, retirement, separation

Often the divorcing couple doesn’t remember they have these items, or doesn’t consider them to be assets. When you’re working through your divorce settlement, deciding who gets what, you are likely focusing on major considerations: house, cars, retirement accounts, investments. While these items are clearly important, many other assets are easily overlooked. Often the divorcing couple doesn’t remember they have …

8 Ways To Simplify Your Divorce, According To Attorneys

Attorney Tabano alimony, child support, custody, divorce, law, relationships, separation, support

Divorce, by nature, isn’t easy. Luckily, there are some things you can do that will make the process just a little less difficult. Below, divorce lawyers share their little-known tips. 1. Open a bank account in your own name. “Couples who share a joint bank account should know that either one of them can drain the entire account under the banking laws. …

The Top 5 Mistakes to Avoid When Going Through a Divorce

Attorney Tabano alimony, celebrity, child support, custody, divorce, law, relationships, separation, support

Are you going through a divorce?  You should avoid these very common divorce mistakes which can have long-term effects on your family and financial future. 1. Getting legal advice from friends and family members 2. Interpreting what your divorce attorney tells you as a guarantee 3. Making threats to your spouse 4. Moving or hiding marital funds without the knowledge …

5 tips for making sense of taxes after a divorce

Attorney Tabano alimony, child support, divorce, law, support, tax

Did you know that, in America, there is one divorce about every 36 seconds? That’s nearly 2,400 divorces per day, 16,800 divorces per week and 876,000 divorces per year. With tax season upon us, that means approximately 876,000 people are newly navigating the realm of post-divorce taxes. Taxes are complicated enough as it is, but when you add in assets, …