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December 2013 Archives

Effective custody plans can ease concerns of parents, children

There's no getting around it: Divorce will change how a family functions. This, however, shouldn't stop a person from choosing divorce. It is a stressful experience, but many people realize that it might be best for the entire family in the long term.

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.

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.

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