One Advantage of Non-Tax-Deductible Alimony For years the ability to deduct alimony payments by a payor to a recipient was a distinct help for American families. Not having to pay income taxes on the payments supporting an ex-spouse tremendously helped especially lower and middle-income families. After President Trump took away this advantage, alimony became a…
Category: Divorce Mediation
Brad and Sophia came into divorce mediation with ALL of their ducks in a row!…They had done as much homework before an initial session as any couple I had worked with in over 40 years. How did they do it? They worked on their parenting agreement first, as, to both of them, it was the…
With the divorce rate at fifty percent, more or less, many individuals who recouple decide that being “nonmarried” feels more secure and even more committed than remarrying. Still, more and more couples are coming into Janet Miller Wiseman Mediation and Counseling Services to design Mediated Cohabitation Agreements. In these agreements, couples design their financial arrangements.…
Categories
Preserving the Family Nest
Preserving the Family Nest for Children of Divorce Early in my career, I read an article in the New York Times Magazine describing a divorced family, a mother and father in their 70s, both of whom had remarried, and were vacationing with their adult children and their six grandchildren on the French Riviera. It could…
Categories
Collaborative Divorce Mediation
Eliza and Karl came in this summer for collaborative divorce mediation. They were one of the most cooperative couples presenting for mediation in my thirty-eight years of mediation practice. They had sold their marital home in the Boston suburbs in the last few months and deposited the balance in a “joint child-related expense account” checking…
Colleagues and friends frequently ask me “your work must be so hard with all those angry divorcing clients?” To tell the truth, most divorcing clients are gracious to one another, thoughtful, ready to problem-solve, frequently laughing together. Often enough, when this is not the case, a couple presents before they are prepared to divorce. Let’s…
Kristina and Todd came into the office after the holidays ready for divorce mediation Lexington Ma. Now in their mid- 50s, they had met at the University of Virginia’s lovely campus, in the Thomas Jefferson library, when they bumped into each other as they rounded the bookshelves. They became fast friends and decided to get married…
Talking to children about divorce carefully and gently is critical. It helps to find a quiet time and place, maybe after dinner, in the play yard when the children are fairly calm. The parent who is ahead of the other in the process may begin to speak first. One of two longest established, most respected…
hgoldstein@gbpclawyers.com After months of uncertainty and differences between the House and Senate versions of the proposed new tax law, we now have a final decision on how it will deal with alimony. The tax deduction for alimony is unchanged until January 1, 2019. After that alimony will no longer be tax deductible. An agreement or judgment providing…
senesandchwalek.com Social Security and the Graying of Divorce: Many people overlook Social Security benefits when getting divorced. While these benefits are not assets that a divorce court can divide, the rules about benefits are relevant to your post-divorce life. This is especially true for those getting divorced in their later years. If you are divorced,…