There are three tax credits that were enhanced with greater benefits in the recent “stimulus bill” that was made into law. This article describes each of them in detail.
The Compassionate Response
Helping Young Children Listen - Do's and Don'ts
As a teacher of young cherubs, I strive every day to fast-track the task of getting two and three year-olds to listen. Much of my wisdom has come, first and foremost, from what I’ve tried and learned works and doesn’t work. Here are the Do’s and Don’ts sourced from the experts and my own experience.
Tired? Accept What Is Without Guilt
Buying a Home After Your Divorce? Four Financial Facts to Know Now
Many people plan on buying a new home people after they have moved out of their marriage. They find the exact place to start their new life and begin the process of qualifying for a mortgage…only to find out they don’t qualify.
Going from a marital partnership to an independent life turns finances upside down. The uncertain times during negotiations often result in everything related to money being put on hold until the settlement has been drawn up and approved. This is where some people get in trouble.
Here are 4 things you must know while you are working things out with your spouse, or even before, to put you in the best position to acquire new debt when you are on your own.
Basics of Child Support
Divorce on Hold? 3 Steps to Take While You Wait
Handling the Home in Your Divorce
It is understandable and common practice among divorcing couples, to try to keep the marital home. Whether it is to keep stability in the lives of children or because there are emotional connections to the property, holding on to the marital home is often proposed in many property settlements.
Here are some considerations to ponder to help you make a decision that is right for you.
Look for the Good
A Tax Loophole Just For Divorcing Couples
A lot of people getting divorced are not aware that the IRS, yes that IRS, recognizes that people getting divorced have an unusual situation that could benefit by some reasonable exceptions to their usual rules.
One that is often overlooked is the elimination of the 10% tax penalty for 401(k) withdrawals done as part of a divorce property settlement agreement. Read on to learn more.
Online Divorce Mediation in Massachusetts and Rhode Island
A new trend is taking place in divorce, one that as been taking shape for some time but was pushed into the forefront with our new “socially distant” culture.
And that is to mediate your divorce around a screen and not around a table in a mediator’s or lawyer’s office.
Mediation has always been thought to be a kind of organic discussion. The typical vision is of a couple talking, about what is important to them, and being kept on track by a caring and listening neutral divorce specialist sitting between them a couple of feet away. There is give and take, and compromise, and good decisions borne out of an environment of caring and understanding. It is a very comfy setting.
So given we can’t get withing 6 feet of each other how does this work when you can’t sit around the table to talk things through? The answer is virtual (or online) mediation where you work with your mediator remotely through video-conferencing.
This post explores virtual mediation, the advantages, and tips for couples to make it work for them…perhaps better than mediating in person
5 Critical First Steps to Take After Divorce
Recovery from divorce takes time. How much time depends on a lot of factors: the length of your marriage, the issues leading to the divorce, and your own personal psychology. But for most people it will take two to four years to get through it all. The adjustments come as a shock at first, and then fade over time until you look back and say, “Wow…I feel normal again.”
It is important to take this period of recovery to do all the things you need to get your life back on track…especially right after your agreements are approved by the court.
Getting Organized Before You Divorce
I hate to even to say this, but one of the good things about divorce is that you are forced to get up close and personal with all aspects of your finances. Early on in the process you must account for all of your assets, your debt, and your expenses. The court requires it. Here is how you get the process started.
