Periodic Alimony is Taxed
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
This recent article from The Oklahoman revisits some of the tax issues arising from divorce cases. According to the article and to my surprise, there are many divorcing spouses that do not realize that periodic alimony is included as income for tax purposes (don’t there lawyers explain this to them?). So, because taxes are [...]
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Divorce Preparation Series Conclusion
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
As mentioned in the most recent post, we have reached the end of the series on steps to take when you are facing a divorce. Although there are other things to say on the subject, if you consider these steps and discuss them with your lawyer, it should ease the difficulty of the process.
I set [...]
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Divorce Preparation: Step 13 – Be Good
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 13 – Be Good
Well, we have finally reached the last step in this series of posts on practical steps to consider when you may be facing divorce. I will wrap up the series with two more posts to conclude and summarize the series. But, first, the final step which may seem a [...]
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Divorce Preparation: Step 12 – Consider a PI
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 12 – Consider a PI
We continue our series on practical steps to consider when you are facing an imminent divorce. We are now on to Step 12 – Consider hiring a private investigator.
Alabama law does consider “fault” when deciding how to divide property in a divorce. Additionally, depending on the facts, adultery [...]
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Divorce Preparation: Step 11 – Keep a diary
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 11 – Keep a diary
This post continues are series on practical steps to take when a divorce is imminent. We are now on Step 11: Keep a diary/calendar.
It is important to documents all of the major events that occur until the divorce is final. Your lawyer will likely want your help in [...]
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Divorce Preparation: Step 10 – Stay Put (until further notice)
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 10 – Stay Put (until further notice)
We are nearing the end of our series on practical steps to take when you are facing an imminent divorce. We have reached Step 10 – Stay Put (until further notice).
One of the most common questions I am asked by my clients is whether they can [...]
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Divorce Preparation: Step 9 – Avoid additional debt or major purchases
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 9 – Avoid additional debt or major purchases
We continue our series on practical steps to take when you are about to face divorce. We are now to step 9 which is simple, but important:
Avoid additional debt or major purchases.
This suggestion goes hand in hand with assessing how to handle the credit accounts, [...]
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Divorce Preparation: Step 8 – Address the Credit Accounts
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 8 – Address the Credit Accounts
We pick up with Step 8 in our series on practical steps to take when a divorce is imminent. Step 8 is Assess how to handle the credit accounts.
If a divorce is imminent you do not want to be liable on any accounts on which your spouse [...]
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Divorce Preparation: Step 7 – Assess the Financial Accounts
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 7 – Assess the Financial Accounts
We continue with our series on steps to take when divorce is imminent. We are on to Step 7 which is Assess the Financial Accounts.
If you’ve completed the prior steps in this series, then you already know what accounts exist and what the balances are. You need [...]
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Divorce Preparation: Step 6 – Establish your own credit
Posted on 24. Apr, 2009 by Alabama Divorce Lawyer, Jim Jeffries.
Divorce Preparation: Step 6 – Establish your own credit
We are now on to the sixth step in our series on preparing for divorce. The sixth step is: Make sure you have your own credit established.
If you do not have your own credit history, you should begin the process of establishing it now. Obtain a gas [...]