All posts by The Rose Law Firm, LLC
Alimony payments may be considered tax deductible
Although many people might not know exactly what to expect when deciding to file for divorce, it will certainly provide lifestyle adjustments. Of course, couples can work together to ease that transition for themselves and any children involved in the split. Some people may consider requesting alimony payments as part of a financial settlement. Spousal support in this form isn’t a mandatory aspect of divorce, but it can help ease some financial difficulties created by divorce.
CATEGORIES: Alimony
TAGS: Alimony, divorce, income, spousal support
Unraveling the tax consequences of asset division
On a basic level, the goal of property division is to allow couples to split up the assets and property they acquired during the course of their marriage in order to provide a financial footing for post-divorce life. Of course, every couple enters divorce with a unique financial situation, but Alabama family law provides guidelines for how the assets included in divorce should be divided.
CATEGORIES: Property Division
Father could lose parental rights over McDonald’s disagreement
Every parent has had a disagreement with his or her children. Kids might not understand exactly when their parents are trying to teach a lesson or reinforce healthy habits. According to one man, he has tried to do right by his son, but he could lose his rights to child custody and visitation.
In New York, a mother and father are currently struggling with the custody and visitation agreement reached during their divorce.
CATEGORIES: Child Custody
TAGS: best interests of the child, Child Custody, child custody modification, divorce
Attitudes toward prenuptial agreements might be changing
Many couples enter marriage knowing that signing a prenuptial agreement is an option to help protect their assets, but others might be apprehensive to sign one or even consider the possibility of doing so. In some cases, there is an impression that signing a prenuptial agreement is counterintuitive to the idea of getting married or is something only for wealthy individuals. A recent poll suggests that these perceptions might be changing.
CATEGORIES: Prenuptial Agreements
TAGS: divorce, Prenuptial agreement, property division, wealth
Is it time for alimony reform in Alabama?
For quite some time, alimony has been included in divorce settlement as a means to help balance some financial inequities in the wake of divorce. If one spouse earns significantly more than the other, the one who has the higher income may be required to make monthly payments indefinitely. Some have pointed out that the way alimony is currently structured in most states is based on family dynamics that are no longer the norm.
CATEGORIES: Alimony
TAGS: Alimony, divorce, income, monthly payment
Alabama’s top court overturns decades-old family law precedent
Parents who are thinking about college tuition know that it’s a major financial burden, and it’s only expected to become more significant as time passes. The idea of providing children with financial support for tuition may seem even more uncertain when parents are filing for divorce. Alabama parents who are considering a request for educational support during divorce may be interested in a recent court decision that could alter their plans.
CATEGORIES: Child Support
TAGS: Child Support
Charlie Sheen resolves complex child support dispute — for now
Celebrities have the kind of public exposure many Birmingham residents can’t relate to. Yet stars experience family-related issues that are familiar to private citizens. Charlie Sheen’s ongoing dispute with his ex-wife is one example that provides insight into common family law issues.
CATEGORIES: Child Support
TAGS: Child Support
What considerations are made in military divorces?
Any number of reasons can influence a person’s decision to file for divorce. Whatever the reason, spouses can reach a point when they both realize that splitting up is in their best interests. One group that has been particularly affected by divorce over the last decade or so is military families. According to a study recently released in “Journal of Population Economics,” couples impacted by military deployment are more likely to get divorce.
CATEGORIES: Property Division
TAGS: assets, property division
Divorced parents should make preparations for the new school year
When two people decide to get divorced, they may not be the only ones affected by the decision. Beyond the two spouses, any children they have will be impacted by divorce as well. Certainly, divorce require families to make adjustments, but there are ways to make the transition smoother for everyone involved.
CATEGORIES: Child Custody
TAGS: Child Custody, divorce, physical custody, school

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