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April 2017 Archives

Alimony payments, record keeping and taxes

If you're paying alimony each month to your ex-spouse, you should know that those payments are tax deductible. However, just like every tax deduction with the Internal Revenue Service (IRS), you need to keep appropriate records to benefit when it's time to file your taxes at the end of the year.

Do you want to move to another state with your child?

You may not want to live in North Carolina for your entire life, but if you share children with an ex-spouse, you could be legally bound to remain in a specific area of the county. This does not mean that you can't get permission to move away with your children. It just means that you'll have a few legal hurdles to jump through before you can relocate out of state.

Protecting a business from divorce part 2: priority negotiations

If you are a business owner facing a divorce, you almost certainly are concerned about your business weathering the storm of your personal life. This can get pretty tricky, especially if you did not protect yourself and your spouse with a prenuptial or postnuptial agreement before the relationship began to falter.

Protecting a business from divorce part 1: prenuptial agreements

If you are a business owner, it is not only wise to protect your business from a divorce -- it is an absolute necessity. Depending on where you are in the trajectories of the business and your marriage, you may choose from a number of different methods to protect yourself, your business and even your spouse.

The benefits of legal separation agreements

Divorce is the final separation of all marital ties, but sometimes couples want to separate while maintaining some of the benefits of marriage. Alternatively, a couple may want to come to agreement on certain areas prior to the finalization of their divorce. If you're in either of these situations, a legal separation agreement could be more appropriate than divorce.

Prenuptial agreements: They just make sense

Prenuptial agreements make perfect sense from a logical perspective, but what North Carolina couple enters their marriage believing it could eventually end in divorce? For most couples in love, the idea that they'll ever willingly part ways seems like an impossibility. Nevertheless, statistics tell a different story.

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