Alimony is often a part of a divorce settlement, particularly with marriages of long duration. If you are considering or in the midst of a divorce, better act now to meet the new deadline set by the 2017 Tax Act. Specifically, the 2017 Tax Act will take away the right of a payor of alimony to deduct…
Read MoreCan gaming really cause the end of a marriage? A divorce website in the United Kingdom recently stated that 5% of divorce petitions so far this year blamed “addiction to Fortnite” for the divorce. And the game just came out last summer. In the past we have seen social media and even “email communication” as…
Read MoreDoes it count as Child Support if a parent sets up a trust for their minor children by a previous spouse? According to the Pennsylvania Supreme Court ruling in Hanrahan v. Bakker in June 2018, the answer is: No! As part of a multi-tiered opinion handed down earlier this year, the state Supreme Court said a voluntary…
Read More