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January 2018 Archives

Tax law changes could spark increased divorces in 2018

For people in Arizona who were already thinking about divorce, changes in the tax laws may be pushing many people into action. Changes to the U.S. tax code were signed into effect in December 2017, and this includes some clauses that could make spousal support more expensive for the paying spouse. Approximately 800,000 couples across the United States finalize their divorces each year; however, in 2018, that number may show an uptick as divorcing spouses act fast in order to pre-empt the changes.

Dealing with finances during and after a divorce

For many Arizona couples who are considering divorce, it is often understood that the relationship between the two spouses will change. What they may not realize, however, is just how much their lifestyles may also change due to having to split up finances and assets. For example, some people can lose half or more of the finances and assets that they worked so hard to obtain during the marriage. However, there are ways individuals can improve their post-divorce finances.

During the divorce process, remember to be reasonable

People who are going through a divorce will have a lot of questions about the actual legal process of ending their marriage. The steps that must be taken will be, of course, complicated. But they aren't insurmountable, and with the right frame of mind, you can proceed with your divorce in the best way possible.

How to keep your divorce costs in check

If you are getting ready to file for divorce, make sure you have your finances in order. Divorces in the Phoenix Metro area are often expensive, especially if there is a lot of conflict between spouses. The longer it takes to resolve your divorce or if it ends up going to trial, the more likely it is you will end up with some expensive legal bills. 

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Peoria, AZ 85382

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