In a divorce, you’ll hear the phrases “maintain a lifestyle to which your family is accustomed” and “reasonable needs.” There’s an inherent conflict for divorcing couples between the concepts of
What happens to debt in a divorce?
For many families, divorce is an opportunity for a financial fresh start. During the divorce process, we must address the debt and how the debt is paid. Debt really does
Income and Child Support in Connecticut
How is child support determined in the State of Connecticut and what is considered Income for purpuses of Child Support. The child-support guideline is just that. A guideline. First, we
Child Support, Alimony and Taxes
Many divorcing spouses in Connecticut or clients seeking a legal separation whether in the New Haven Court, Hartford Court, New Britain or Tolland, or any other Connecticut Court, ask a
What Are Some Taxable Assets in a Connecticut Divorce
Many divorcing spouses or clients seeking a legal separation, ask a variety of tax-related divorce questions. Here are some divorce-related tax issues in a Connecticut Divorce. Once such questions is
Business Valuation in a Connecticut Divorce: What Is Your Business Worth?
About 90% of U.S. businesses are family owned so it’s no surprise that one of the first questions divorcing couples ask themselves is, “What is the business worth?” Obviously, both
How to Use Your 401(k) to Pay for Your Divorce
Getting divorced is challenging enough without worrying about money, but did you know you can access your 401(k) to pay some bills? In this post I discuss why you might
The Benefits of Divorce Mediation vs. Divorce Litigation
There are two fundamental approaches to dissolving your marriage. The first, most common approach is divorce litigation. This is when you and your attorney square off against your former spouse
Reasons for Legal Separation vs. Divorce
It’s not uncommon for married couples to choose a legal separation before filing for divorce. Legal separation defines legally enforceable rights and obligations but does not permanently end the marriage.
How to “Play House” when You’re Getting Divorced or Separated
If you are planning a divorce or legal separation in Connecticut, one important questions need to be resolved. In this post, we’ll address a couple of common questions we get