Faulhaber Family Law, LLC

Some aspects of your divorce decree, such as child support and alimony, can be modified after your divorce judgment is finalized. However, property division determinations are altered only in rare instances, such as when a fraud on the court has been proven. Therefore it’s recommended to plan your divorce carefully, to minimize the likelihood that you'll be stuck with an unfair result. A family law attorney can help you seek the best outcome in your case.

If you're in the process of getting divorced, you'll no doubt have to go through the potentially grueling process of splitting up the assets you and your soon-to-be former spouse have acquired. Here are a few specific items you'll need to figure out how to divvy them up. https://bit.ly/2V8Wiqy

Although alimony is not deductible or reportable as income for divorces occurring on or after Jan. 1, 2019, the previous rules apply to you if you were divorced by Dec. 31, 2018. If you were, you can deduct alimony or must report it as income if it meets the certain criteria, according to the IRS. https://yhoo.it/3rVEHS1

Handling the separation of car insurance is often one of the final steps to a #divorce. Get through this transition and hopefully you can start looking forward to a bright future very soon. https://bit.ly/2Z0QhfR

Divorced parents have to navigate a lot of challenges, but there’s a new issue looming on the horizon thanks to the $1.9 trillion American Rescue Plan: the child tax credit. https://cnb.cx/30B6J9t

Planning ahead of time in case of divorce can make things easier on everyone involved. https://bit.ly/3qnsaFv

Like any issue in divorce, there’s no one-size-fits-all solution for determining who will bear the brunt of financially supporting the children. #FamilyLaw https://bit.ly/3aB64JK

Every divorce comes laden with its own issues, but there are some pandemic-era factors facing those wondering whether to stay or go. https://nyti.ms/3oKhRdQ

Attitude and mindset, not just budgeting skills, play a role in how well people adjust to their new reality after divorce. https://bit.ly/3of9Q0W

Between dividing up property, legal proceedings and handling child custody, many people going through divorce can forget the tax implications as well. You can avoid missteps with the IRS by keeping in mind a few tax tips. https://bit.ly/2YTZtVr

Some assets appear to have equal values. Yet once you factor in taxes, they may not look so identical. #Divorce https://cnb.cx/2KiL1Ck

Gray divorce issues include weaving through the complications of splitting pensions, 401(k)s and more before the process is complete. https://bit.ly/2NGdaVt

Though adoption is a wonderful thing, the process can be stressful as well as expensive. Thankfully, many families are eligible for relief in the form of the adoption tax credit. https://bit.ly/3aMEISr

If you took on your spouse’s last name or added it to your own, you may also have to make the call on what you’re going to do with your name post-divorce. https://bit.ly/2WG9KDw

Tax year 2020 hasn’t brought any major changes to tax law for divorced parents, but things changed significantly with the implementation of the Tax Cuts and Jobs Act in 2018. Some of the most important changes were in regards to how divorced and separated parents can claim dependents. https://yhoo.it/3clwQbg

If you're divorced, there's a chance you may be entitled to more Social Security benefits than you think. #Divorce http://bit.ly/2OGJJQX

Making the effort to formally establish paternity is about much more than the potential to receive child support. #FamilyLaw

Developing a plan for paying for college as part of your divorce is imperative to ensuring that your children have the educational opportunities that they deserve. https://bit.ly/2JIkU7g

Understand what your options are for separating yourself financially from your former spouse so that you can start rebuilding your life post-marriage. #Divorce http://bit.ly/31RqJ5E

Retirement assets often represents a divorcing couple s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse. https://cnb.cx/35Ao1Ub

Divorce adds additional challenges to the already difficult job of being parents. The key for divorced parents can be to stay focused on areas of common ground.

Child Support typically begins on the date the court order is filed. It is not retroactive beyond the date of the filing which is why it’s so important to begin the process as soon as possible. #FamilyLaw

Here’s what you should consider if you’re planning to untangle joint credit card debt during a divorce. https://bit.ly/3o9rXG3

There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little less painful by understanding what your 401(k) plan allows and what your state requires. https://bit.ly/3kcjM9m

Going to court to fight for child custody is an emotional time, and many parents make mistakes simply because they're uncertain about what to do. Here are some common child custody mistakes parents make, along with tips on how to avoid them. #FamilyLaw https://bit.ly/37mr9HS

Maintaining financial stability is crucial to living the life you want after the divorce. Arming yourself with a well-informed plan for each stage of the divorce may ease your transition to single life and help protect your financial future. https://bit.ly/3lP9Gfg

Divorce can be a long and difficult process. You'll need to make decisions about a number of things, including debt that you took on jointly with your spouse. Don't just assume that your divorce will split loans up the way you expected, and take steps to protect yourself from future financial troubles (and stress) down the road. http://bit.ly/32XHpsN

A cohabitation agreement can spell out how you will share responsibilities during the time you are living together and help you in the event that you eventually decide to separate. #FamilyLaw

Dividing your assets in a divorce settlement is tough, and there's no way to split a co-owned house in two. Depending on your situation, having one party remain in the home or selling it outright may be best. http://bit.ly/32XGBEh

Ending a marriage can be difficult, but don't let that deter you from working with your ex to help ensure your children are taken care of financially. https://bit.ly/34emc0H

Just because you're divorcing doesn't mean that your former spouse can't still hurt your credit. Fortunately, it is possible to rebuild your credit score after a divorce causes a blow. #Divorce http://bit.ly/2Miv0KW

Even the most amicable relationship under constant duress, such as a national health crisis, can create friction. This is especially true for co-parents navigating complicated relationships with their exes. https://wapo.st/2ZNvvmK

Married couples have lots of different options for strategizing to increase their Social Security benefits. While you may assume you lose that ability if you divorce, that's not necessarily the case. https://bit.ly/2ZJXIdW

There are several steps you can take to better protect your finances as you go through your divorce. http://bit.ly/2Nq8oaP

Nearly one in 10 of married or partnered people in the United States say they are very likely to separate from their partner or spouse at least in part because of issues related to the pandemic, according to a recent poll. #FamilyLaw https://nyti.ms/351bJYb

Divorce is a difficult process, and even more so during a pandemic. But if you can manage the dissolution of your marriage and keep it from exploding into angry chaos, you will save yourself from greater hurt and the need for even more healing. https://wb.md/3gHD9V6