Estate planning is not the first thing on your to-do list this holiday season, but maybe it should be. People procrastinate estate planning because they do not know where to begin, the idea is depressing, they do not feel they have enough financial knowledge, or...
As we enter the holiday season, spending time with family is a high priority for everyone. Unfortunately, if you are involved in a divorce or close with someone experiencing divorce, this time of year can heighten family conflicts. We offer you a few tips to...
Commercial property brings a duty of care, which looks different than the defined duties of residential landlords. The following may help you avoid pitfalls while renting or leasing commercial space. First, commercial property owners must comply with state and local building standards. Owners should be proactive...
Divorce is a difficult process with many challenges, and when a divorce crosses state lines, procedural headaches can rise. The first decision is which state court is most appropriate. Unfortunately, either state may bring significant costs or delays. For a specific court to hear a claim,...
Alimony Tax Implications Alimony, “spousal support” or “separate maintenance payments”, could have significant tax implications whether paid or received. Generally, the payer may deduct spousal support from his or her income, and the recipient must report alimony as taxable income. As a result, a divorce attorney...
Dividing pensions and retirement at the time of divorce can be a complex issue. The family court may allow the person who has the pension to retain the full pension, and offset other marital assets against it. Instead, the court may distribute a portion from...