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May 2016 Archives

Child custody and tax ramifications: Tips for parents

Once a family has gone through a divorce and settled matters of custody, most Alabama parents believe that the issue of who can claim a child for tax purposes has also been effectively settled. In reality, however, there are ways that a non-custodial parent can still benefit from tax breaks tied to his or her child. This is an issue that should be considered during divorce and child custody negotiations, as the outcome can have a significant impact on one's taxes.

A different approach to child custody scheduling

Virtually all Alabama parents, whether divorced or not, are familiar with the basic outline of how divorced parents share custody of their kids. The child or children usually move between the homes of both parents, spending most of their time with one parent while the other receives liberal visitation time on weekends and school holidays. While this child custody arrangement is the most common, it is not the only way that parents can divide their parenting time and responsibilities.

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