The document discusses 10 common mistakes people make during divorce related to finances and taxes. These include not communicating financial information with their spouse, not understanding IRS tax code rules regarding transferring retirement funds after divorce, and not using a Qualified Domestic Relations Order correctly. It emphasizes the importance of hiring attorneys specialized in family law and considering taxes, life insurance, and long-term financial planning when negotiating a divorce settlement.
Tax Consquences in Divorce in Washington StatePhilip Tsai
Filing status and divorce, tax implications and divorce, division of assets, gains from residence, child support and alimony, dependency exemption, and deductible costs in divorce.
Tax Consquences in Divorce in Washington StatePhilip Tsai
Filing status and divorce, tax implications and divorce, division of assets, gains from residence, child support and alimony, dependency exemption, and deductible costs in divorce.
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
Getting married? This article briefly explores the legal implications of saying "I do" and the different marital regimes available to you and your partner.
Recorded on March 6, 2013 - This webinar in the Family Law Education for Women (FLEW) series looks at the Ontario rules for division of family property, for married and co-habiting couples following relationship breakdown. Topics include the equalization payment, the matrimonial home, and issues for surviving spouses. Presenters are Tamar Witelson, Legal Director at The Metropolitan Action Committee on Violence Against Women and Children (METRAC) and Robert Halpern, partner and head of the Family Law Group at the law firm Torkin Manes.
This webinar is produced by METRAC as part of the Family Law Education for Women (FLEW) series in partnership with CLEO.
Watch an archived recording of this webinar and download copies of presentation materials at:
http://yourlegalrights.on.ca/webinar/property-rights-and-obligations-married-and-co-habiting-partners-updated-march-2013
Divorce is an expensive proposition. From filing to court fees to hiring an experienced lawyer and beyond, here's the breakdown of what it can cost to end a marriage.
View Legal webinar - Estate Planning 2017 – Where are we at?Matthew Burgess
The pace of evolution of all aspects of estate planning has continued to intensify over the last 18 months. This presentation will use case studies to explore all key recent developments including:
1. the key estate planning related court decisions over the last 18 months
2. taxation and stamp duty changes
3. examples of the attitude of the Australian Taxation Office towards various estate planning strategies
4. bespoke planning opportunities
What Happens in a Divorce With a Prenup vs. Without a Prenup?Cory Wall
Know more about what happens in a divorce with a prenup vs. without a prenup
https://walllegalsolutions.com/what-happens-in-a-divorce-with-a-prenup-vs-without-a-prenup/
Our presentation is an overview of the basics covering Australian Family Law. We have included sections on Property Settlement, Parents loaning money to children, superannuation entitlements, and of course divorce.
The Best Way to Buy Sell or Replace Life Insurancefreddysaamy
http://ekinsurance.com/pennsylvania-life-insurance/
Traditionally, life insurance is purchased during your working years to replace your income for your family in case you died. But if you are retired, do you still need life insurance?
Getting married? This article briefly explores the legal implications of saying "I do" and the different marital regimes available to you and your partner.
Recorded on March 6, 2013 - This webinar in the Family Law Education for Women (FLEW) series looks at the Ontario rules for division of family property, for married and co-habiting couples following relationship breakdown. Topics include the equalization payment, the matrimonial home, and issues for surviving spouses. Presenters are Tamar Witelson, Legal Director at The Metropolitan Action Committee on Violence Against Women and Children (METRAC) and Robert Halpern, partner and head of the Family Law Group at the law firm Torkin Manes.
This webinar is produced by METRAC as part of the Family Law Education for Women (FLEW) series in partnership with CLEO.
Watch an archived recording of this webinar and download copies of presentation materials at:
http://yourlegalrights.on.ca/webinar/property-rights-and-obligations-married-and-co-habiting-partners-updated-march-2013
Divorce is an expensive proposition. From filing to court fees to hiring an experienced lawyer and beyond, here's the breakdown of what it can cost to end a marriage.
View Legal webinar - Estate Planning 2017 – Where are we at?Matthew Burgess
The pace of evolution of all aspects of estate planning has continued to intensify over the last 18 months. This presentation will use case studies to explore all key recent developments including:
1. the key estate planning related court decisions over the last 18 months
2. taxation and stamp duty changes
3. examples of the attitude of the Australian Taxation Office towards various estate planning strategies
4. bespoke planning opportunities
What Happens in a Divorce With a Prenup vs. Without a Prenup?Cory Wall
Know more about what happens in a divorce with a prenup vs. without a prenup
https://walllegalsolutions.com/what-happens-in-a-divorce-with-a-prenup-vs-without-a-prenup/
Our presentation is an overview of the basics covering Australian Family Law. We have included sections on Property Settlement, Parents loaning money to children, superannuation entitlements, and of course divorce.
Helping You Avoid IRA Distribution Mistakesfreddysaamy
http://ekinsurance.com/financial/what-are-ira-distributions/
You own two pots of money: The money that has already been taxed (let's call it "regular money") and the money that has not been taxed (let's call this "retirement money" such as IRA, 401k, 403b, etc.).
Table of Contents
Three Great Ways to Split the House after a Divorce.
Four Tips on How to Prepare For Divorce Mediation.
Three Wrong Notions Most People Believe About Property Division in A Divorce.
How Parents Keep Control Both During Their Lifetimes And After They Are DeadBruce Givner
Irrevocable trusts are required if you want to engage in estate tax planning, asset protection planning (creditor planning) and even in a great deal of income tax (including capital gains tax) planning. However, parents are not thrilled at the idea of having to give away assets to a trust that they cannot revoke!! Do you mean that they can't change it? What if they change their minds about their children? About the trustee? Happily, there are many ways to make the parents comfortable that even though the trust itself is unable to be revoked, it is flexible. The parents, of course, pick as the initial trustee the person they trust to do whatever he or she is told without question but simply out of loyalty. More importantly, the parents can - at any time, without a reason - remove the trustee and name a new one (as long as the new one is not "related or subordinate" as defined in IRC Section 672(c)). The parents can advise the trustee to drop the assets down into a single member LLC and appoint the parents as the non-managing members. The trust can have a protector who can be given the power to remove the trustee; to change the allocation among the children; to add grandchildren and spouses of heirs and charities as beneficiaries; to change the manner of distribution to the heirs. Under California law if all of the beneficiaries and the grantors agree, they can amend an irrevocable trust without having to go to court. There are also other ways to change an irrevocable trust, e.g., decanting to a new trust with better provisions. The trust can start off as a grantor (disregarded) trust for income tax purposes and it can "flip" or "toggle" to a complex trust and, perhaps, flip back again. So, the goal of this presentation is to make people aware that there are ways to make parents comfortable with irrevocable trusts, without which planning would be difficult, if not impossible.
Asset Protection: Reducing Risk, Promoting Peace of Mind HayesLaw
Every American adult shares a dubious characteristiceach is a walking litigation target. Part of your birthright is that you may be sued at any time, for any reason, and for any amount.