I often hear that you don't need a lawyer in an uncontested divorce. While it may be true that most uncontested divorces are more simple than a fault-based divorce, I would not go so far as to say that you shouldn't get a lawyer for an uncontested divorce. Although, to be fair, here are five ...
Attorney Fees. A divorce decree may call for one spouse to pay the attorney fees of the other. Unfortunately, the Internal Revenue Code considers such payments to not be deductible. There are two exceptions, though. (You really didn't expect the tax code to be that simple, did you?) First, if ...
A divorce usually involves some transfer of property, whether it be an interest in a house or other real property, a business interest, or even an investment. Contrary to the stereotype of the IRS, most of these transfers do not incur any tax liability. As long as the property transfer is "incident ...
Overall, the code sections regarding child support are much more simple than those regarding alimony. Like alimony, child support can come in many forms. It can simply be money that is paid to a custodial parent, it can be insurance payments, college expenses, or any other number of payments on behalf or benefitting ...
It's said that there are only two things that are certain—death and taxes. When it comes to a divorce, the taxes part of that saying is true as well. Almost all aspects of a divorce—the property settlement, ...
