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Divorce Archives

What will happen to the family business after my divorce?

Marriages that have produced a family business are often left wondering what to expect after the division to the marriage is finalized. Will I have to divide the business? Is there any way it can continue to thrive despite the marriage failing? These are legitimate concerns to ask when separating the financial merging of former couples.  

Divorce trends: Get a prenup without ruining a relationship

When a couple is planning a wedding in Oregon or anywhere around the nation, there is a long list of things to do. Choosing a venue, picking out a dress, selecting a caterer or planning a honeymoon are typical activities that come to mind. Getting a divorce is certainly not a topic of conversation most couples address in the midst of wedding plans. However, experts suggest that developing a prenuptial agreement prior to marriage affords couples an opportunity to logically discuss what might happen if a split occurs.

Tax reform bill can affect alimony payments in divorce process

The tax reform bill currently in Congress is a hot topic in the state of Oregon and other states across the country. One issue addressed in the bill that is before the House of Representatives is the treatment of alimony. Since the discussion of alimony can be a potentially volatile subject in divorce proceedings, any potential changes in its handling is being closely watched.

Avoid common financial pitfalls in divorce

When a marriage ends in Oregon or anywhere else around the nation, couples often find that their financial situation is negatively affected. Incomes are typically reduced, yet each household has its own set of expenses. Financial experts have identified several areas of concern for women involved in a divorce. However, men as well as women would be advised to avoid these pitfalls.

Don't neglect financial planning in a divorce

When couples decide to end their marriages in Oregon or elsewhere around the country, there are many questions for them to address. However, the most complicated issues that arise during divorce proceedings often revolve around finances. Experts stress the need for both spouses involved to address several areas during the process.

Keep finances straight during a divorce

When a marriage comes to an end in Oregon or elsewhere around the country, there are many issues to address. Some of the most significant decisions made following a divorce likely involve finances. Though getting a divorce can be an ordeal, experts recommend keeping a level head and paying close attention to money matters.

Divorce may have considerable tax impacts in Oregon

Most individuals worry about their finances at some point or another. A major catalyst that could spark this concern is going through divorce. Because ending a marriage means living on a single income and potentially losing and gaining assets during property division, understanding financial impacts may be vastly important. Oregon residents may want to pay particular attention to potential taxation.

Give PEACE a chance during a divorce

When an Oregon couple decides to end a marriage, peace is typically not a word that immediately comes to mind. However, divorce experts suggest that the process may work more smoothly if specific areas are addressed. The areas can be easily remembered by the acronym PEACE.

Taxes can be affected by divorce

There are many emotional aspects involved when an Oregon couple decides to end a marriage. In addition, several financial considerations come into play during divorce proceedings. One area that can be significantly affected in a divorce is the couple's income tax return. Financial experts recommend taking a close look at the areas where divorce can have the most impact.