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A recent report from Business Insider states prenuptial agreements are on the rise.A quick and brief refresh: What is a prenuptial agreement? Prenuptial agreements, often referred to as simply a "prenup," is a legal document that outlines the distribution of assets in...
Article after article is bringing attention to the fact that divorce amongst those over the age of 50 is on the rise. The trend has even got its own catch phrase: “gray divorce.” Research shows the divorce rate within this age group has doubled throughout...
A divorcing couple recently asked an arbitrator to answer a difficult question: what happens when a husband wins the lottery while going through a divorce with his wife?The case involved a Michigan couple. The husband separated from his wife for approximately two...
Summer is a time to relax and catch up on family time. Unfortunately, for couples that find themselves struggling with their marriage, it can also be a time that highlights and even exacerbates marital discord.Those who find themselves frustrated that summer months...
The upcoming Father’s Day celebrations provides an opportunity to discuss some of the tools we, as parents, can use to proactively build our relationship with our children. Divorce changes our roles as parents, but we can take steps to better ensure the change...
The Internal Revenue Service (IRS) is not a government agency that people are excited to deal with. Add this agency to the already difficult emotional landscape that comes with the parties navigating a divorce and things could get interesting. Why does the IRS care...
Maybe one of you got a new job, has started a new relationship or simply wants to move to be closer to family. Whatever the reason, parents may feel the need to change a child custody arrangement.If you find yourself in this situation, you are not alone. Life changes,...
You likely noticed how difficult tax season was this year. News update after update discussed unforeseen problems and unexpected tax obligations. The reason for the surprises: a new tax law.The Tax Cuts and Jobs Act (TCJA) went into effect on the 2018 tax returns. As...
Even an amicable divorce is an upheaval in one’s personal life. Once the negotiations and court dates are complete, both parties can generally put the legal side of things behind them and get on with their lives. Three steps that can help ease the transition...
Digital assets are a part of our everyday life. These assets can range from social media sites to online banking accounts. Whether the account provides a fairly innocuous financial benefit or is a sizable asset, it is important to account for our digital belongings...
