Getting Your Kids On Board with Your Post-Divorce Move
You and your spouse decided to divorce, and you’ve both been wonderful about keeping your kids out of arguments or disputes. Now that the divorce is happening and you have a handle on many of the disputes around custody, it’s time to move into your new home. Should the kids have a part in the…
Read MoreIs a Simple Will Right for Your Estate Plan?
You’re starting to think about creating your estate plan, but it can be confusing. How do you know what is right for you? Simple will? Trust? Something else? Let’s start with a simple will. This is a basic estate planning document that everyone should have at minimum. They can do the following: Name a guardian…
Read MoreAre You in a Loveless Marriage? 6 Questions to Ask Yourself
Your relationship has seen better days, but is it really time to end your marriage? Such decisions seldom come easily, even when you’ve been mulling over the possibilities for a while. Before you decide if your marriage is really on life support, consider these questions: Is your spouse a source of physical stress? If you…
Read MoreIMMEDIATE RELIEF FOR SMALL BUSINESS OWNERS UNDER THE NEW MANDATORY PAID LEAVE LAW
Last week, President Trump signed the Families First Coronavirus Response Act (FFCRA or the Act) enacting a temporary/mandatory paid emergency leave requirement and expanded the Family & Medical Leave Act. Generally: The Act takes effect on April 2, 2020. The Act impacts all private employers that employ 500 or fewer employees. Paid Leave capped at…
Read MoreHow to Minimize Spousal Support Taxes
For decades, the tax laws regarding spousal support went virtually unchanged: The paying spouse was able to deduct spousal support from their taxes, and the receiving spouse had to pay the taxes on it. In practical terms, that could help reduce the total being paid on the money and generally encouraged paying spouses to be…
Read MoreWhat Will a Texas Divorce do to Your 401(k) Account or Pension?
Divorce is a kind of financial double whammy. At the same time that your household income drops because you end your marriage, you will also incur substantial costs related to court fees and other legal expenses due to your divorce. When you add to all of that the fact that you will likely need to…
Read MoreWant to Seek Support? Do You Need to Pay it? Learn More
Child support is a protection for children who are living with divorced parents. The goal of support is to provide them with enough financial support to have the same living conditions as a child who lives in a home with two parents and two incomes. As a parent who may need to pay or seek…
Read MoreLitigation May Result from Breach of Contract
Businesses often enter into contracts when they have an agreement with another party. The terms of the contract must clearly spell out each party’s obligations for the arrangement. There should also be guidelines for what will happen if either doesn’t meet those. Failing to comply with the terms of a contract is known as breach…
Read MoreMilitary Divorce? Set Your Family Care Plan
Members of the military usually count on a civilian spouse or other family member to care for their children if they face a deployment. If you’re married to a civilian but have decided that the union isn’t working, you have several things to think about. One of these is setting up a new family care…
Read MoreBeware the Medicaid Look-Back Period
Long term care options are often costly, especially for residential facilities. Some people assume that they’ll be able to count on programs like Medicaid to cover these. However, Medicaid is a needs-based program that takes the applicant’s assets and their ability to pay into account. Medicaid won’t start picking up the expenses of long term…
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