by Administrator | Jul 16, 2018 | Personal Divorce
When disabled children exist in the family The GOP’s Tax Cuts & Jobs Act (TCJA) that was passed in late December, 2017 could impact your divorce process. Background and Context The term “ABLE account” stands for achieving a better life experience for the benefit...
by Administrator | Jul 16, 2018 | Personal Divorce, Tax Risks in Divorce
An overview of the new tax law Under the new tax law home equity loans and lines of credit are still deductible. Yet they are subject to certain conditions. The proceeds must be used to buy, build or substantially improve a home that is secured by the home equity...
by Administrator | Jul 16, 2018 | Personal Divorce
The 965 Foreign Earnings Repatriation Tax Impacts Divorces Section 965 of the Internal Revenue Code is focused on imposing a one-time tax on the accumulated earnings and profits of foreign investments. Historical background and Context “In 2004, Congress passed the...
by Administrator | Jun 29, 2018 | Personal Divorce, Process Risks in Divorce
Many people choose to finalize their parenting rights in their divorce before opening up discussions around their financial issues. This may sound very logical on the surface. Yet, if you dug deeper and focused on the entire “negotiation” of your divorce you would...
by Administrator | Jun 18, 2018 | Business Divorce, Process Risks in Divorce
Many people find it very difficult — and sometimes nearly impossible — to go through a business divorce. Each shareholder has many questions that need to be addressed from their unique perspective. One question often leads to 3-4 others too. If the questions remain...
