divorce

Tips to Consider when Separating

Tips to Consider when Separating

Separation: Nine Tips to Help You as You Move Through the Divorce Process There may be 50 ways to leave your lover but there’s a heck of a lot more to it than just being creative with the word good-bye. More often than not, the way you handle your exit will determine your ex’s entrance — into your wallet, your circle of friends, and the judge’s predisposition on settlement day. Before you win a petty

divorce

Divorce and Tax Filing Status

Divorce and Tax Filing Status

Tax law distinguishes filing status because filing requirements, certain credits and above-the-line deductions, tax brackets, and the standard deduction depend on the filing status. Additionally, filing status determines the income threshold for which Social Security is taxed. The main purpose of grouping taxpayers according to filing status is based on the presumption that, with the same income, single people can afford to pay a higher tax rate than those with children and, by allowing joint

divorce

Splitting Up Military Retirement Accounts

Splitting Up Military Retirement Accounts

Today you may not think twice about splitting military retirement benefits during a #divorce. But it wasn’t always that way. A 1981 U.S. Supreme Court decision, McCarty v. McCarty, actually precluded state courts from dividing military retired pay as an asset of the marriage. In response, Congress passed the Uniformed Services Former Spouses’ Protection Act (USFSPA in 1982. This legislation specifically gave a state court the authority to treat military retired pay as marital property and

divorce

22 Divorce Experts Share What They’ve Learned About Divorce –

22 Divorce Experts Share What They’ve Learned About Divorce –

No matter your status…thinking about divorce, going through a divorce or moving on after a divorce, there will be work to be done on your part. Your own words, actions and thoughts undoubtedly play a role   If you’ve made the decision to divorce your first priority should be creating a process that is beneficial to all parties involved. According to the Journal of Health and Social Behavior, divorce is far and away the most

divorce

8 Things No One Ever Tells You about Divorce

8 Things No One Ever Tells You about Divorce

 Source: Divorce 360  8 Things No One Ever Tells You about Divorce       When you decide to divorce, it’s almost as if you’ve entered a club with a super-secret handshake…only no one is quite certain how to do it. So we asked the divorce360.com community what  they wished they had known before they decided to file for divorce. From the emotional breakup of their marriage to the financial one, here are some of the