UPDATED: In the media, we hear a great deal about the problems dads who lose their jobs face. Many become stuck in situations where they can no longer afford to make child support payments. They’re often labeled “deadbeat dads.” After months of failing to pay, the courts may find these …
“In this world nothing is certain, except death and taxes.” So goes the familiar saying often attributed to Benjamin Franklin. With that in mind, we want to remind you of the tax changes that arrived with the new year and their potential to impact divorce, specifically spousal support. While we …
After divorce, child support is often one of the biggest continuing expenses many fathers face. These court-ordered payments provide for the needs of your kids. In many cases, one parent pays a certain percentage, while the other covers the rest. But what if your ex won’t pay her share? Rick …
Child support tends to get tricky. There’s a formula involved, but it accounts for many factors. Of course, the income of both parents, as well as level of need, figure prominently into the final amount. Like most court orders, once in place, child support is difficult to modify, though it …
The old saying goes, possession is nine-tenths of the law. That’s not exactly a legally binding statue, but the underlying idea often plays a role. One situation we see frequently involves engagement rings. One of our founding partners, Rick Jones, makes regular appearances on the Danny Bonaduce and Sarah Morning …
When you marry someone, you share your life with that person, for good and ill. Every facet of your lives weave together—you create a home, have kids, mingle finances, and build a life. After a while, it’s tough to tell where one life begins and the other ends. That’s part …
Money problems ruin at least as many marriages as infidelity, probably more. Financial strain is a huge source of stress for many people, both individuals, and couples. One major area where we feel the pinch is with student loan debt. One recent study uncovers the major impact it has on …
People fight over just about everything in a divorce, from houses and cars down to boxes full of cookie cutters. Everyone thinks of bank accounts, vacation homes, stocks, bonds, retirement annuities, and the like. These are the common and obvious assets. But they’re not the only ones. Divorce settlements have …
Divorce comes with any number of expenses. You have court costs, filing fees, an attorney to pay, and even a change in tax status. Those are the obvious ones, but there are others. In many cases, you need to find a new place to live. Perhaps your custody arrangement necessitates …
We see it all the time on the news and the covers of the trashy gossip magazines we pretend we don’t read waiting in line at the grocery store. Some celebrity power couple is finally tying the knot! It’s about time. But don’t worry, they’re being smart and have an …
This post has been updated. In the wake of divorce, you face many expenses. Ending your marriage may be the absolute right choice, but it rarely comes easy or cheap. One of the biggest continuing costs many men encounter is spousal support. Like many court orders, once in place, these …
Whatever your business, you pour your heart and hard work into these ventures. They not only represent your passions and drives, but they’re also practical concerns. The process of ending a marriage is already a snarl of shared assets, parenting plans, and more. When there’s a business during divorce, it …
Divorce has a significant impact on your financial future. In some unions, the dissolution of marriage and division of property are relatively simple. Especially in short marriages where there’s little to divvy up. The more there is to do, however, the more complicated the process becomes. There’s a great deal …
For those of us who are parents, our children are the most important part of our lives. We do just about anything to keep them safe and put their well-being ahead of our own. When it comes to divorce, both parents remain responsible for sustaining any children, and part of …
Over the course of a marriage, two lives become inexorably entwined, and divorce is the process of untangling them. A relatively straightforward feat in shorter unions, the longer you and your spouse stay together, the messier things get. Social Security and Divorce For marriages over ten years, one thing to …
UPDATE: The sweeping new tax plan Congress passed at the end of 2017 will impact almost everyone. This includes changes to divorce settlements, specifically those involving spousal support. Beginning January 1, 2019, on new court orders that include spousal support provisions, the party paying spousal support will no longer be …
Divorce is usually a private matter. Sure, your friends and family know what you’re going through, but most people don’t broadcast that news to the general public. As social media has become a ubiquitous part of modern life, that has changed—it’s remarkable what some people choose to share online. Another …
Divorce can have a massive impact on your life in many ways. In a relatively short span, your living situation, relationship status, and how much time you get to spend with your children may all undergo a titanic shift. One of the biggest consequences can be the financial impact of …
Where you live can have a huge impact on your divorce as laws and regulations differ from state to state. For instance, Oregon has its own set of standards when it comes to property division that are different than its West Coast partners Washington and California. While those two are community …
This may come as a shocking revelation, but divorce costs can add up quickly. There are charges and fees along every step of the way, from filing the initial paperwork and hiring an attorney to relevant court costs and a variety of expenditures that continue even after the process is complete. …
Your divorce is finalized and the child support order has been determined. Your ex has primary custody of the kids and you have been told what you must pay each month. This determination was reached after the court analyzed the data and information provided to them by your ex and …
The cost of divorce in Oregon is affected by a number of factors and can vary greatly depending on the unique facts of your situation. There are 3 major factors that will impact the final expense of your divorce: conflict, compromise, and counsel. Let’s break those down. Conflict There is …
Finances are often at the forefront when a couple has made the decision to divorce. Who will get what and how those decisions are made can create a lot of anxiety. Additionally, some couples are surprised to find out that debts are also divided in the divorce process. Credit cards, …