Although many types of income are subject to reporting on federal tax returns, child support is a matter that an Arizona parent does not need to worry about. Child support is not considered income for the parent who receives the payments. Child support is also not...
Month: February 2016
A look at divorce statistics
Most Arizona residents who marry do so with the belief that they will not end up divorcing. Unfortunately, many marriages end in divorce. A recent study looked at divorce statistics in 2013 as compared to 1960 and 1980.Business Insider reviewed data from the Minnesota...
How Arizona parents can help children through a divorce
Arizona parents who are facing a divorce should be aware of how their kids might feel during the process. While it may not be a surprise to children who know something is wrong, it can still be shocking and upsetting. Children might feel hurt, angry or betrayed. They...
How to avoid financial ruin in a divorce
One of the hardest parts of a divorce is dividing up the assets. Many Arizona residents are concerned about their financial state, and they are left wondering whether the decision to end their marriage will leave them in financial ruin. There are some tips, however,...