In our last post, we highlighted the increasing popularity and value of bitcoins, a form of cryptocurrency being used by millions of consumers and merchants across the world. While bitcoin is not currently poised to overtake the U.S. dollar, British pound or euro...
Divorce With Respect
Month: March 2018
What all divorcing parties should know about bitcoin
Despite how angry they may be with the other spouse, and the lack of trust between soon-to-be ex-spouses, settling a marital property dispute ultimately works best for both parties. Unlike protracted litigation, there is no loser in a mediated settlement. A compromise...
What to expect when starting over
Our readers appreciate the technical knowledge we disseminate in our posts, but many appreciate knowing how their lives will change after a divorce is finalized. Indeed, people can describe what post-divorce life will be like, but in many cases a divorcee will simply...
3 steps to financial honesty in your relationship
Money does not grow on trees. It is not something most people come by easily or have in excess. It is quite the opposite for the average person. This can make finances a pain point in even the strongest relationships. Talking about debt, account balances, small...
Parents should avoid pressuring their children during divorce
We often discuss the emotional toll that a divorce may take on a couple, but we may not emphasize enough the impact a split may have on children. After all, few kids want their parents to break up or endure continued turmoil. In fact, they would rather have mommy and...
Goodbye alimony deduction. Goodbye alimony tax.
It's tax season. With the Tax Cuts and Jobs Act, people are talking. President Trump signed the new plan in 2017, but the changes didn't go into effect immediately. Some have taken place already and will affect returns due in April. Others will wait for next season....
What to do when telling kids about your divorce
Divorces tend to increase in the early months of a new year. Whether parents simply start the process of finding a family law attorney or actually file papers differs, but one thing is for certain; the children must be informed. Indeed, many divorcing couples with...