max.melomed@gmail.com

Financial Opportunities Surface Within Challenging Spousal Support Changes

The Tax Cut and Jobs Act (TCJA) that went into effect this year for divorcing couples has drastically changed the financial landscape for individuals from prior years. The most significant...

CONTINUE READING

Avoid Disinheriting Your Children

What happens when a parent remarries and carries out financial plans the typical way most married couples do? The new spouse is assigned 100% beneficiary to retirement accounts and life insurance...

CONTINUE READING

Property Division Values, Part 1: Retirement Accounts

When dividing assets in divorce most people, individuals, mediators and attorneys alike, tend to focus on the property division spreadsheet. Current values of assets are listed along with...

CONTINUE READING

Property Division Values, Part 2: Non-Retirement Assets

When dividing assets in divorce most people, individuals, mediators and attorneys alike, tend to focus on the property division spreadsheet. Current values of assets are listed along with...

CONTINUE READING

Will Spousal Support (Alimony) Continue to Be Tax Deductible in 2018?

Currently, alimony is on the chopping block under the Tax Cuts and Jobs Act (TJCA), meaning there would be no deduction provided for the paying spouse and the receiving spouse would no longer...

CONTINUE READING

Tax Options For End of Year Divorce

How are taxes handled next spring for couples who are in the midst of a divorce and unsure if it will be finalized by the end of the year? Various possibilities exist and should be written in the...

CONTINUE READING