Death and Taxes . . . 8 Things to do when a loved one dies.
Death and Taxes . . . a good review of things to do when a loved one dies.
Your initial consultation with a divorce attorney.
Having that initial consultation with a divorce attorney can be a difficult and emotionally draining experience. However, there are some steps you can take to make the process a little easier. First, bring as much financial documentation as possible. Your attorney will want to discuss: – How much income you and your spouse earn, – […]
Knowledge . . . the best tool in preparing for divorce.
One important reason why divorces do not proceed smoothly is a lack of preparation and knowledge. Too often only one spouse fully understands the family finances, which may leave the other spouse vulnerable to manipulation. When one spouse handles nearly all of the household investments and finances, it is too easy for that financially literate […]
Giving trustees discretion to make trust distributions
In most trusts, trustees are given discretion as to when, and how much, of either income or principal of the trust may be distributed to a beneficiary. It is important to understand the possible consequences.
Don’t Forget These Types of Assets in a Divorce
According to a recent Forbes article divorce marks the end of one chapter of your life and the beginning of another, and odds are, you’ll look back at this time and see it as a positive turning point in your life. However, before you achieve that perspective, there’s plenty to go through – and much […]
Courts make mistakes, and can correct them.
Although trial courts have discretion to determine amount and duration of spousal maintenance based upon the unique facts of each case, they do make errors. In a recent case the husband had a net income of $5,213.92 each month. After considering the factors required for spousal maintenance, the trial court ordered the husband to pay […]
