Filing for Divorce: Am I divorced or married this tax year?

Filing for Divorce: Am I divorced or married this tax year?

You determine your tax filing status based on your marital status on the last day of the tax year, which is December 31st for most individuals.  You are considered divorced if you took status as a single individual before December 31st of a given tax year.   ...
Temporary Orders for Money: How They Are Used in Divorce

Temporary Orders for Money: How They Are Used in Divorce

When are Temporary Orders Used?   Divorce is not a fast process. It is a legal, emotional and financial process often lasting years from the date a petition for dissolution is filed. Because of the often long periods of time passing between petition and judgment...
What is Financial Discovery?

What is Financial Discovery?

Financial discovery is a process, not an event; it is the fact finding/document gathering part of the divorce process. It can be time-consuming and possibly the most expensive part of a divorce, particularly for a wealthy family, and requires ongoing document requests...
Can Legal Fees be Deducted?

Can Legal Fees be Deducted?

Maybe. It depends on the reason you incurred the fees.  You cannot deduct the basic legal fees for divorce or court filing costs.  However, you can deduct any fees including legal fees that were paid for tax advice related to the divorce or to help you get taxable...
20 Questions to Ask your Divorce Attorney Before Hiring

20 Questions to Ask your Divorce Attorney Before Hiring

If you’re contemplating moving forward with a divorce, it can be hard to know where to turn; you’ll want to make sure you have the right professionals in your corner to help you with your case. As you’re looking for a divorce attorney to help you with your case, you...