Going through a divorce is not an enjoyable experience to say the least. It is one of the most stressful things that two people will ever have to go through in their lives. When a couple decides that it is time to go their separate ways, they have a lot to think about, a lot of decisions to make. They have to think about their kids and where they will go, what to do about their house, their pets, other assets and so on. One other thing that has to be taken into account is the tax implications that come into play when you are talking about a divorce.

Taking care of things on the tax side is pivotal:

Settling on Property

One of the tax implications that goes along with a divorce is that of figuring out what to do with property from a tax perspective. It is far more difficult to figure out tax implications relating to property than it is dividing up the property in the first place. Certain assets, such as a home with a mortgage, are going to have tax liabilities or benefits, while others may have no tax implications at all.

Child Support

Child support payments are not deductible on your personal income tax return, no matter what other people may actually tell you. So when you are paying child support, do not do so thinking that you are going to be able to get a deduction as a result of it. This can cause issues with the IRS when you try and use these things to take away from your taxable income.

Tax Exemptions

When you have children you have the ability to get tax benefits and exemptions. A child can get you an exemption of thousands of dollars and figuring out who is going to be able to claim the children and the exemption or exemptions is very important. Generally whoever has custody of the children is going to be able to include them on their tax return.

Alimony Payments

Alimony payments, contrary to child support payments, are something that is tax deductible. If you are the person that is paying out the alimony payments, you get to deduct these to reduce your taxable income.

Tax implications relating to a marriage are important to pay attention to. There are just so many different areas where taxes can come into play. When you are talking about property, alimony, child support, understanding how to file your return and what you can deduct and not deduct is pivotal to accurately settling with the Internal Revenue Service.

Divorce will always be the end of something to which your child or children are accustomed, but this transition often brings plenty of positive changes. With a little help from the countless experts devoting their studies to helping everyone involved in this kind of situation, you can showcase the good coming from this change and diminish its more worrisome effects. Following these tips should improve you and your children’s abilities to stay positive through the trying times to come.

Inspire straightforward, positive and open communication

Solid communication between everyone involved is the key to making the best of this situation. Experts agree that the level of hostility between parents is one of the most influential factors for children coping with divorce. Regardless of how things ended with you and your ex, you both need to put work into keeping your relationship strong and honest.

Your child or children must also be given a voice. Encouraging children to talk it out with someone empowers them, which is vital for them when facing such a potentially stressful future. Not listening to them incurs the opposite effect, and any loving parent can see why essentially taking away the child’s voice at this time would be plain awful.

This includes both parents’ ability to avoid “sugarcoating” anything. You cannot make excuses for your ex or the situation, but you also don’t want to blame or insult your ex, either. “Badmouthing” your ex is a lose-lose-lose situation. Your child will think less of one, if not both of their parents, and possibly feel worse about themselves in turn. Both “badmouthing” and “sugarcoating” can put your child or children in situations where they feel like they have to choose a side. This should be avoided at all costs, as the comfort of any children in these moments relies greatly on their ability to feel supported by both sides.

Give everyone involved their opportunity to speak with a psychologist

Sometimes we could all use a professional listener, which is a key component to the psychologist’s duty. The ability to speak with someone outside of the family and uninvolved with the divorce lets kids speak their mind freely. This can be vital to their coping ability and overall comfort with what’s going on, and it also gives them a chance to speak with a professional about any other personal matters that could be troubling them.

If you and your ex are having trouble coping with one another without hostility, you should both reach out for psychological support as well. As mentioned before, the level of hostility between you and your ex plays a huge role in the children’s ability to flourish through this trying time. The ability to talk with an unbiased professional goes hand-in-hand with the previously mentioned strategies of openness and proper communication.

Learn to say “hello” and “goodbye” properly

Sending the kids off for their time with the ex can be very difficult, especially at first, but your strength in these times affects your child’s strength. Leave with a smile when you drop them off, and never let them feel like you’re upset about leaving them with your ex. Make transitions as positive and peaceful as you can, and find a way to leave that works well for you, your ex and your children. Allow your child feel as little tension about these drop-offs and pick-ups as possible.

With some hard work from you and your ex, your two new families can thrive instead of just survive through these tense times.

Hiring a divorce attorney and proceeding through the divorce process does not have to be the horrific endeavor that is commonly portrayed in pop culture and media. While it is true that during a divorce, emotions do run high, what is important is getting the right attorney to help you with the process. There is a lot of information available but critically, not all this information is accurate or helpful in making a determination if a specific attorney is right for your case. Knowing what to ask a prospective divorce attorney is important to your situation and circumstances. Therefore it is vital to ask right questions of any attorney you are considering.

Eight Important Questions To Ask A Prospective Attorney

Due to the fact that speaking with an attorney about your pending divorce involves discussing personal aspects of your life, it is crucial that you feel comfortable discussing with your divorce attorney all the relevant information necessary. To help ascertain how your potential attorney can help you, here are the eight important questions to ask.

• Is Family Law a specialty for you and how many years of experience do you have in Family Law?
• Who will be working on my case? Will there also be associates or junior attorneys assigned to my case?
• What steps are involved in the divorce process?
• Are you familiar with the local Family Law Judges and how they tend to rule?
• Are their any resources you recommend for clients?
• Will we sign a written retainer agreement?
• Will the invoice be itemized?
• How will you communicate with me and how often?

It is important for your situation to find the most qualified attorney possible. Family Law is an ever changing construct of different laws, rulings or precedents and societal norms based on a wide range of variables and will differ from state to state. However, the basic questions above allow you to evaluate a potential attorney and their ability to assist you with your specific case and circumstances. Other aspects such as children in the relationship and property will and can have an effect on your specific case and in some situations the scope of the case could be widened to encompass other attorneys as part of the process. However, these questions are still valid for those rare circumstances where this situation occurs.

Your attorney is your trusted partner in handling your divorce case. When engaging a prospective attorney, be sure to provide the attorney with as much initial information as possible so the attorney can determine how best to help you. Remember, the attorney is your representative and therefore should have the same information that you do concerning your individual circumstances.

Divorce includes many pressing issues like child custody and alimony, it is often easy to overlook some of the smaller long-term decisions you need to make. Changing your name is a decision you should consider carefully before finishing your request for a final judgment.

Some things to consider as you decide if you want to keep your married name or change it.

The Process.  The process of changing your legal name during a divorce in California is simple. You simply need to request that a name change order be included as part of the final judgment in your divorce. This is the easiest way to take care of changing your name if you are certain you want to. However, if you are unsure, there is also a provision in California law that will allow you to request an alteration of your final decree at a later time. You can also have your name changed to something other than your maiden name, but this requires you to follow the process for a standard Petition for Change of name, and is a separate process from your divorce proceeding.

Impact on Children.  There is often a strong emotional reaction to names for people. Wives and husbands often feel the need to have the outward sign of a name change to signify the end of their relationship. But, parents are often concerned that their children may suffer from having a different name from their mom. In most instances, the courts will not change the name of minor children as part of a divorce proceeding, even if their parent has a name change. The good news is that children having different names from their parents is not nearly as stigmatized as it once was in society, nor is it confusing for things like school records. If you desire to go back to your maiden name, be sure to talk with your kids about the situation and let them know the change in name does not change your relationship with them. Lay the groundwork for them to be able to come to you with any concerns that might come up about having a different name than yours.

Updating Your Information.  If you have no particular feeling toward your last name, and there is no overriding need to change it, the biggest factor in your decision may be whether or not you want the hassle of updating all of your accounts and documents to reflect a new name. Take time to make a list of all the various items and accounts you will need to update. The most important are:

• Driver’s License
• Social Security Card
• Bank Accounts & Credit Cards
• Passport
• Loans or Mortgages
• Investment Accounts

Most other items can be updated as you run across them, but having a list of everything does help make the process easier.

Impact on Your Business or Profession.  If you are a professional, or own your own business and it is associated with your name, it may serve you better to keep your current name. Often times after being married for many years, people will choose to keep their married name, or hyphenate back to their maiden name, to maintain the name recognition they have worked so hard to earn over the years.

If you have questions or aren’t sure about whether or not you want to change your name, your attorney can help you list out and weight the pros and cons.