Tag Archives: Finances & Taxes
Protecting Your Credit, No. 3: Pay Your Child Support – or Face Legal and Financial Fallout, Says Family Law Attorney
This is the third of an ongoing series from the Broward County / Fort Lauderdale divorce law firm of Barry I. Finkel P.A., on why couples and individuals must their credit when facing divorce or separation.
Just because a couple has divorced doesn’t mean the acrimony or hostilities have ended – or paying monthly alimony or [...]
Florida Divorce Lawyers Debate ‘Permanent Alimony’, Women in Workplace, and National Family Law Trend Toward ‘Individual Responsibility’
“Alimony” – as generations of divorce attorneys have known it – is changing, as state legislatures nationally redefine or restrict permanent alimony and encourage individual responsibility.
Permanent alimony is long-term alimony payments that have no defined end date, except for remarriage of the recipient or the death of the ex-spouse receiving the payments. That definition is [...]
South Florida Divorce, Family Law & Taxes: How Will Tax Time Affect You?
It’s tax time. As if taxes weren’t perplexing enough, divorcees have numerous considerations when calculating income and expenses – and filing tax returns.
Year-end tax time requires special attention. When handled by an experienced family law attorney and a tax professional, returns can meet both the letter and spirit of federal or state filing guidelines. Since [...]
From South Florida to Hollywood: Kelsey Grammer Unfazed How Pre-Nuptial Agreements Can Protect Assets
News from Hollywood reports that “Frasier” actor Kelsey Grammer is divorcing his third wife to marry what will be his fourth. While matrimony and divorce isn’t news in Tinseltown, Mr. Grammer, 55, reportedly is not requesting a prenuptial agreement from his fiancé, Kayte Walsh, 29.
Many family law or divorce attorneys strongly suggest a pre-nup for [...]
The Debate Continues: Fort Lauderdale Family Law Counsel Refutes ‘Lawsuit Lenders’ Who Fuel Divorce Case Costs
The New York Times’ recent story on ‘Lawsuit Lenders’ has struck a nerve among family law and divorce attorneys in Fort Lauderdale, South Florida, and around the country. Firms underwrite litigation costs in hopes of earning a percentage of the final settlement or judgment. Family law is just one type of litigation.
Typically, in a divorce [...]
Fort Lauderdale Family Law Attorneys Debate ‘Lawsuit Lenders’ Who Fuel Divorce Case Costs
The New York Times recently had a story on divorce litigation and ‘Lawsuit Lenders.’ These firms are part of a growing trend of companies that underwrite the costs of almost any litigation – family law, personal injury, product liability, even whistle blower – in hopes of taking a percentage of the final settlement or judgment.
Typically, [...]
Florida Divorce Lawyers See Baby Boomers Turning to Pre-Nups to Protect Existing Estates
Before they say, “I do,” some couples are asking, “Will you?”
A recent Wall Street Journal article on the place of prenuptial agreements among Baby Boomers — and others looking to protect existing assets — raises important questions.
As the article stated, “Baby boomers looking to protect their assets are increasingly turning to prenuptial agreements — legal [...]
Late-Stage Divorce: Florida Attorneys & National Experts Advise on Coming to Terms
As experienced family law attorneys and South Florida divorce attorneys, we’ve counseled many couples facing late-stage divorce. So news of Al and Tipper Gore’s split wasn’t so surprising. Click here to read our insights.
Yet, experts continue to offer advice and counsel. The Diane Rehm Show on National Public Radio yesterday devoted an hour to the [...]
Florida Attorney on Divorce, Alimony & Taxes
Tax time is here. If you’re divorced and paying alimony, child support or any other settlement or obligation in Fort Lauderdale, Miami, Boca Raton or anywhere else in Florida, what are the tax implications?
Watch and listen as family law attorney Barry Finkel discusses divorce and taxes with a local television news host.
Economy & Recession – in South Florida and the U.S. – Tough for Divorce
From our perspective as South Florida divorce attorneys, times can be tough for couples seeking divorce. From home values to Social Security benefits and other realities of modern life, people are subject to critical mistakes that can damage their financial situation.
Below are four articles on the topic of finances, homes and divorce.
Fifteen Critical Financial Mistakes [...]
