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Posts Tagged ‘Taxes’
Divorce and Taxes – A 4-Part Guide to Avoiding Costly Mistakes – Part 1: Hidden Tax Traps in Divorce: What You Need to Know Before Dividing Assets
When divorcing, it’s not just about who gets what—it’s about how those assets are taxed. Tax implications can dramatically alter your financial future, yet they’re often overlooked in the heat of negotiation. In this 4-part blog series, we explore the critical but often-overlooked tax implications of divorce to help you avoid financial missteps and make…
Read MoreShould I Rent or Buy a New Home After My Divorce in New York?
So, you’ve decided to move out of the marital home as a result of your divorce. Now, you’re faced with the decision of whether to rent or buy your next home. Renting temporarily while the dust settles from your divorce may give you the time you need to make a more permanent decision from a…
Read MoreHow Do I Build the Right Divorce Team For My High-Asset Divorce?
Complex financial issues can make an already difficult divorce process even more challenging. For this reason, assembling the right team for your high-asset divorce is one of the most important steps to take early in the divorce process. Having a trusted team of advisers around you will help you to make good decisions during the…
Read MoreFiling Taxes During and After a Divorce
Handling your tax returns can be a daunting task, and when you are filing after a divorce, the complexity increases. It is important to ensure a seamless collaboration between your divorce attorney and accountant to address current and future tax-related concerns. During the Divorce Process Collaboration between your divorce lawyer and accountant is essential during…
Read MoreFinancial Considerations If You Are Divorcing With Children
Divorce is never an easy process, and it becomes even more complex when children are involved. Not only does it bring emotional upheaval to the family, but it can also have significant and long-term financial implications. In this blog, we explore the various financial aspects to consider when going through a divorce with children so…
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