Divorce sets even the best-laid plans asunder. Your retirement plan is no exception. When separating and continuing through to divorce, your plans for the future may seem up in the air. What will happen to the money you saved in your 401(k) and beyond?When dividing...
Month: December 2018
New tax laws may affect one’s finances after a divorce
North Carolina residents who are filing for divorce may be affected by tax law changes that go into effect on Jan. 1, 2019. These reforms will affect how alimony payments are taxed for newly divorced couples. Starting in the new year, alimony payments cannot be...
Courts struggle to define parental alienation
After a divorce in North Carolina, it is not uncommon for child custody cases to be contentious. One of the most common allegations a parent may levy against the other is that he or she was abusive. The abuse may either be inflicted on the person making the claim or...
Does a parent’s living situation impact a court’s decision?
When North Carolina parents are fighting for custody, they have many concerns. One of these is usually related to their living situation and how it can impact the way the court rules when it comes to custody. In fact, while there are differences from state to state,...
A new grandchild, changing tax laws and your estate plan
Perhaps you sat down with your attorney after your first child was born to develop a comprehensive estate plan. That was a good idea, but it was decades ago.Since then there have been many changes in your life. For example, now you are on your second marriage, you...
Your Blue Ridge cabin may complicate your divorce
During the happier times of your marriage, you loved packing up the car and heading to the Blue Ridge Mountains to spend some time in your cabin. Now that you are planning for a divorce, though, your vacation home could give you some serious headaches. As you...
Splitting parenting duties during the holidays after divorce
Many divorced parents in North Carolina honestly want to make the holidays a special time for their children. However, achieving this goal is sometimes difficult if there are lingering feelings involved. An increased frequency of carting kids from home to home also...
3 reasons to be proactive about estate planning after divorce
During and after a divorce, there are many things you must consider. Initially, your concerns lie in the formalities of the actual proceedings, such as dividing assets and debts and constructing a parenting plan. Once the dust settles, you can begin getting other...