The old adage “the only guarantees in life are death and taxes” must have been uttered before the inception of bankruptcy. Bankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by a...

Currently, when an ex-spouse is legally obligated to pay alimony, the ex-spouse gets a tax deduction even if the ex-spouse doesn’t itemize the deduction whereas the receiving spouse must include the alimony as taxable income. Many divorce agreements took that into...

A pour-over will is a special type of last will and testament used in conjunction with a trust-based estate plan. It can save the day when the grantor of a trust -- the person who created it -- neglects to transfer all his property into the trust over the years and...

You Have a Chance to be Heard In contrast to court, where you won’t get to talk to each other, the divorce mediation process offers both the setting and support you may need to talk. Directly. And this is critical because this is the time when parties often are...

People don’t often associate minors with probate, but personal injury settlement for persons under the age of 18 can be tricky because these settlements require the attorney to be vigilant of special procedural requirements in cases involving minors. To begin with,...

Most of us know that a trust is a useful way to safeguard financial assets for your benefit or for someone else. But the common misconceptions about trusts could cause you to bypass them entirely, or plan to use them improperly. Myth #1: Now that Federal Law Allows a...

Women typically outlive men by an average of about five years. According to AARP, more than two-thirds of Americans 85 years or older are women. And about 79 % of 65-year-old women will need long term care in their lifetime, according to a recent study by the...

Jessica Ciencin Henriquez pens an honest essay about raising a son with ex-husband/actor, Josh Lucas. Her words ring true to many ears when she says, “What I know now and desperately needed to hear then is this: Let go of the family you thought you’d be and accept the...

Divorces are messy. Filing taxes with your estranged spouse is even messier. Now, throw in tax changes in 2018 from D.C.'s recent tax reform. It is a lot to process. Read here to find some updates to the tax laws as it applies to divorcing, or divorced, individuals as...

By Aislynn Thomas-McDonald, Esq. “When you run, your body will argue that there is no justifiable reason to continue. Your only recourse is to call on your spirit, which fortunately functions independently of logic.” —Tim Noakes Sometimes, lawyers can be somewhat...

10. Don’t push send. Email. Text. IM. Tweet. Whatever. When you ex irritates you and you are tempted to shoot back a zinger, resist. Wait three hours and revisit the issue once you’ve calmed down. Then, craft a diplomatic response. 9. Be flexible. What goes around,...

No one with young children wants to think that something might happen to them. But for a single parent, that difficult thought brings on added worries. After all, what will happen to your child should the unthinkable happen. Everyone with children should prepare a...

Are you thinking about moving to warmer weather for the winter or relocating on a permanent basis? Sunshine states may not be the only benefit of such a move—lower income and estate tax rates may make the change of scenery more appealing in some places. But changing...

When you get a divorce, your entire world changes. But at a time when it may feel like things are spiraling out of control, there are plenty of things you have the ability to control, two of which have to do with your financial future. And both of these two things...

  When you’re getting a divorce, you may wonder if your spouse has a claim on any of your retirement benefits. Or you may hope that you can claim a share of the family’s retirement benefits because you did not factor a divorce into your life plan until recently, and...

London-based Jennifer Broadly has been a successful single parent for many years. She offers some valuable thoughts about how best to communicate with your child’s other parent. While some of the phrases and word spelling is slightly different than American English,...

Families spend more than $230,000 on average to raise kids from birth to age 17 — a figure that doesn’t include the cost of college. Huff Post— For the 6.9 million families who have turned to fertility services, the bills pile up well before they ever hold a baby in...