by Administrator | Aug 6, 2018 | Personal Divorce, Retirement Plans (QDROs) in Divorce
In order to properly manage the financial implications of a QDRO you need to involve a financial divorce expert in the process. Ideally you would involve a financial divorce architect as these professionals understand how the “divorce chess board” works, even if you...
by Administrator | Aug 6, 2018 | Personal Divorce
When tax carry forwards exist in the marital estate Background This has become a sensitive issue given the 2018 tax reform act. Why? The new tax laws limit how much a taxpayer can take as their standard deduction. You may have heard about the $24,000 standard...
by Administrator | Aug 6, 2018 | Personal Divorce
If you have decided you want to get a divorce and your spouse is not in the United States, how do you serve your spouse “papers” while she or he is not in the country? This is an important issue to address. Why? Your divorce decree will not be considered legally valid...
by Administrator | Aug 6, 2018 | Personal Divorce, Retirement Plans (QDROs) in Divorce
What is a QDRO? A QDRO arises as a result of a divorce or a legal separation. It is an order in the United States to recognize that the non-employee, former spouse has an ownership interest in the employee spouse’s retirement plan. A QDRO may be used for spousal...
by Administrator | Jul 30, 2018 | Personal Divorce
Background The child tax credit was introduced in 1997 and made available to taxpayers in 1998. At that time, taxpayers who claimed the child tax credit were provided a nonrefundable credit for each child who was under 17 years old at the end of the calendar year. As...
