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5 key things to know about the adoption tax credit

There was some concern as the recently pass tax billed made its way through Congress that the adoption tax credit would be discontinued. Fortunately, for parents who are thinking about adoption, legislators preserved the credit. While we know that the adoption tax credit is still available to for families, there remains a great deal of confusion surrounding it. Below are elements of the tax credit that adoptive parents should be aware of: Overview of the credit: The adoption tax credit is a nonrefundable credit. This means it cannot reduce a taxpayer’s tax burden below zero.

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Tips for taking some heat out of heated custody exchanges

Sharing custody of a child can be an incredible challenge for parents across Alabama, especially if the parents do not get along with each other. Under these circumstances, exchanging custody can be particularly contentious and heated. In some cases, parents can set aside their animosity for the brief time they are in contact with each other. In other cases, this is all but impossible. If you fall into the latter of these groups, then you might want to consider ways of making exchanges less volatile.

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How can I avoid delays in my divorce?

Once you or your spouse files for divorce, you might want the whole thing to be over as quickly as possible so you can move on to the next chapter of your life. However, this can be more difficult than you expect if you run into complications or issues that delay your divorce. While you may not be able to avoid every obstacle that arises in a divorce, there are some steps you can take to ensure you are not holding up the legal process unnecessarily.

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9 social media mistakes that can hurt you in a divorce

Social media can be a source of great comfort and support when people are going through difficult situations, including divorce. It can also give people an outlet to vent their anger and frustration. Because of this, many people going through a divorce often turn to social media. However, social media can also do considerable damage to your case if you engage in certain behaviors or post certain types of information. In fact, you could wind up damaging your reputation in the eyes of the court, revealing lies you might have told

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5 factors that could improve your chance to collect alimony

If you are getting divorced, financial stability in the aftermath of your split can be a top concern for you. After all, you will have to support your own household without the help or contributions from a spouse, and you will have to divide your marital assets with your spouse. In light of these financial changes, you may be wondering whether you will be in a position to collect spousal maintenance, or alimony. Because this type of support is not awarded in every divorce

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Understanding the potential income tax implications of divorce

During a divorce, there are a number of issues that need to be agreed upon by the two spouses. One of the biggest issues that will need to be resolved is the financial component of a divorce agreement. People often know that there will be some financial implications when going through a divorce. What they may not know is that a divorce can also affect their taxes. Both taxes and divorce are complicated topics. As with all complex subjects, a lot of questions often arise when determining how a divorce agreement impacts someone’s taxes.

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Prenuptial agreements on the rise, especially among millennials

Prenuptial agreements may have once had a negative stigma attached to them. These days, an increasing number of couples are signing a prenuptial agreement before tying the knot with their partner. A recent survey from the American Academy of Matrimonial Lawyers (AAML) discovered that more than half of attorneys surveyed reported an increase in the number of requests for prenuptial agreements by millennials. It’s not just millennials that are increasingly using prenuptial agreements.

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Back to school time: 3 key things divorced parents can do

When parents get divorced, everyone in the family is affected in a different way. For people with school-age children, a primary concern is making sure that kids are able to keep to their routines as closely as possible. While children are incredibly adaptable, sometimes much more than adults often realize, major disruptions to their family situation can have a ripple effect on other aspects of their lives, such as success in school.

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Common stressors in a co-parenting relationship

While divorces are hard on everyone involved, they can be especially difficult on the kids. One way to help make the divorce easier for your children to get through is by having a strong co-parenting relationship with your ex-spouse. No matter how strong a co-parenting agreement may be, there are things that can create tension between the two parents. Below are four of the more common things that can cause strain in a co-parenting relationship.

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Can I request a change to child custody orders?

Child custody is determined during the divorce process. It is always an important aspect of divorce for parents who want to remain in their child’s life. Perhaps you have joint custody over your children or maybe you are not the custodial parent and only have visitation rights. If a significant change arises in your life or the circumstances of your arrangement, you may be able to modify the original child custody orders.

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