by ellen | Mar 19, 2019 | Family Law
In cases involving children, it is commonplace for divorce agreements to include provisions governing the payment of college expenses. This may include terms governing any existing 529 college savings plans. The new tax act now considers qualified expenses under 529...
by ellen | Feb 20, 2019 | Family Law
Parties that are crafting an alimony settlement should consider the future consequences of an interruption of the negotiated income stream. Alimony is dependent on the capacity to pay a stream of income from one party to another. If the alimony is sourced from earned...
by ellen | Feb 5, 2019 | Estate & Business Planning, Family Law
As a financial advisor, I think one of the most confusing aspects of money is that not all of it works the same way. This becomes much more apparent in the divorce process for property distribution. Many of my clients are surprised to find out that often times a...
by ellen | Nov 14, 2018 | Estate & Business Planning, Family Law
The discussion about division of assets initially revolves around the marital residence, as jointly owned real estate and retirement are perhaps the most significant marital assets subject to distribution in a divorce. The decision whether to retain or sell the...
by ellen | Oct 12, 2018 | Family Law
Prior to the December 2017 Tax Cuts and Jobs Act (TCJA), when one spouse paid alimony (or separate maintenance payments) to the other spouse in a divorce, the paying spouse could deduct the alimony payments on his/her Federal income tax form. At the same time, the...
by ellen | Aug 21, 2018 | Collaborative Law, Family Law
Whether you grew up watching 90210, Real World or MTV Beach House, today’s modern families are evolving beyond what was even in the 1990’s considered abhorrent or abnormal family life given that these shows addressed such topics as homosexuality, bisexuality, AIDS,...
