Civilized Divorce through Mediation
Michigan is a no-fault divorce state. This simply means that you don’t need to prove any fault on the part of your spouse as grounds for a divorce. For example you needn't show that your spouse was cheating on you, that your...more
A longstanding client calls to tell you that his marriage is falling apart, and that his wife wants a divorce. Inasmuch as you have represented both the client and his wife on previous occasions, you now feel uncomfortable...more
A couple going through a divorce action should understand whether a support payment, not specifically allocated as child support or alimony, is a taxable event where the payor may deduct it and the payee report it as income...more
Last week, the Illinois Supreme Court heard oral argument in Mayfield v. Mayfield, which presents several issues regarding the proper handling of lump sum workers' compensation payments for purposes of calculating a party's...more
Tomorrow will be a busy day for the Illinois Supreme Court's civil docket, with five cases being argued, beginning at 9:00 a.m. They are...more
Although the media focuses on their big spending, divorce and poor retirement planning are among the top reasons why most pro athletes go broke within 10 years of retirement. Retirement planning can be challenging for most,...more
One of the many trying aspects of getting a divorce involves revelation of all the finances of both spouses. A financial affidavit is a formal document that lists what you owe, what you earn at your job and from other sources...more
If you have ever helped your kids with their math homework, you have probably come across problems like this: “If John has a monthly gross income of $5,000 and allowable deductions totaling $1,500 a month, and Mary has a...more
The many changes in your life after divorce include new rules imposed by the Internal Revenue Service (IRS) about your claims, deductions, exemptions and income. Divorce lawyer Bryan L. Salamone, Esq. gives you tips on...more
Tax planning and divorce sound like two unlikely partners, but they are not. This week’s blog post is written by Selwyn Gerber, CPA, who explains why tax planning is critical during and after a divorce....more
As the noncustodial parent, you will likely owe child support. The amount is generally established based on New York child support guidelines calculations, with some room for negotiating a fair monthly amount. In addition,...more
One of the sad realities representing people with serious work injuries, is that the financial, physical, and psychological stresses caused by the injury or the claims process, often result in failed marriages. It really is...more
In the words of The Beatles, “ ‘Cause I’m the Taxman…,” and because it’s almost the filing deadline (April 16 this year), the Taxman is here. Marital and family status, of course, has a big impact on your taxes. So, here are...more
It’s been in the news lately. Recently there was a new “pop-up” store in Beverly Hills. You can even host a similar event in your city. As stated on their website, “The Divorceé Sale™ was created by Jill Alexander who saw...more
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