We often leave relationships because we have to, because we have no choice. This decision is never made lightly and is often filled with fear, urgency and some panic. Before you leave for good, [...]
The recapture rule forces the alimony payer to report as income the alimony payments they previously deducted, which means the ex-spouse is entitled to reduce from income the alimony payments [...]
If you’re going through a divorce, the last thing you may have on your mind is how the breakup will affect you and your ex-spouse on your next tax return. Filing Status Couples who are [...]
When a couple decides to file for divorce, lifestyle analysis is the systematic reconstruction of income/expense inflows and outflow pre- and post-separation. The analysis establishes the [...]
There are a wide variety of closely-held businesses, including professional practices (for example, medical, dental, law and tax) and retail businesses, such as groceries, specialty shops, [...]
Goodwill value is essentially the total value of the business minus the total value of the company’s tangible assets. Texas courts often require that the value of business goodwill be split into [...]
Valuing a business is a very complex task, which usually requires a professional which holds certain designations such as ABV (Accredited in Business Valuation) or ASA (American Society of [...]
When mortgage interest rates drop more than a percentage or so, some homeowners will decide to refinance their loans to get a better rate. Consider that average interest rates on fixed-rate [...]
A lot of people wonder if child support payments count as part of their income. The answer varies a great deal depending on the context, and it’s important to plan for this if you’re getting a [...]
While collaborative divorce is intended to be cost efficient and simplify the process, it can often be more expensive than the traditional divorce process. This is because the collaborative [...]