Divorce Newsletters

Home Sale Exclusion

June 8, 2020

Divorcing couples sometimes wish to hold onto the family home for at least some period of time. The most common reasons are to keep continuity in the childrens’ lives or to wait for further appreciation before selling. Tax laws give them some special opportunities to avoid taxes on the eventual sale.

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Recreating a tax-deductible alimony payment

May 15, 2020

In January 2019 the tax rules around alimony were changed, such that these payments are no longer tax-deductible to the payor and are not taxable to the payee.

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The New SECURE Act

February 12, 2020

In early January, President Trump signed into law the new SECURE Act (“Setting Every Community Up for Retirement Enhancement”) which has many components, several of which could impact divorces.

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Special Needs Benefits

January 14, 2020

Working on a divorce in which a spouse or child has a disability can be tricky. If the disabled individual is receiving public benefits it is important to structure the divorce such that these benefits are not disqualified.

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A Picture is Worth A Thousand Words

December 15, 2019

When you want to convey important information, a picture can sometimes be more meaningful than words. And at times of high stress, like a divorce, visuals can be especially important in helping your client make decisions.

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Social Security: Will Your Client Have to Wait?

October 15, 2019

It is a good idea to revisit the subject of Social Security and divorce periodically, and looking back we see that our last newsletter on this subject was in June 2017. Time for a refresher! On this go-around, however, we will concentrate on the subject of accessibility: when is Social Security available?

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Difficult Conversations

September 15, 2019

Recently Jill worked on a collaborative divorce case involving a high-earning wife and low-earning husband (we’ll call them Louise and Roger.) Roger acknowledges that he could be earning more if he went into sales, which he is good at, but it gives him no joy in life.

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After the Decree is Final

August 15, 2019

You and your client, Belinda, have struggled through 3 months of negotiations and a final decree is in place. Belinda is happy with the settlement and leaves your office with a big smile. As you are waving goodbye, don’t forget to remind her that she’s not done yet – now the instructions in the decree need to be carried out.

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What Is the Difference Between a Stock Option and an RSU?

June 24, 2019

Company incentive benefits come in all sorts of forms. Typical rewards are stocks options (qualified and non-qualified), Restricted Stock Units (RSUs) and Employee Stock Purchase Plans (ESPP). They may also include Performance Shares. It’s important to know the structure and workings of each type of plan, as their economic benefits differ.

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Supporting Adult Children: Is It Time to Set Them Free?

May 3, 2019

Millennials – those currently age 18-38 – are predicted to be the first generation in US history to do worse financially than their parents.

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