When Arizona residents who have gone through a divorce enter into new marriages, they will be creating a new financial union. If one or both partners have children from another relationship, they will be forming a blended family with stepchildren and stepparents....
Month: June 2017
Requirements to make alimony tax-deductible
When an Arizona couple divorces and one party pays support to the other, the payer can usually claim the support as a tax deduction. However, this is only possible if several conditions are in place. The U.S. Tax Court ruled on one of these conditions in 2017. A man...
Making a child support agreement outside of court
There are a number of options available for Arizona parents who are getting a divorce and who would prefer not to go through litigation and have a judge make a child support decision. Parents might choose an alternative dispute resolution process. Arbitration is not...
Getting finances ready for a divorce
Couples in Arizona who are considering getting a divorce should consider the effect a separation could have on their finances. In order to prepare their finances for a divorce, there are certain steps that each party should take. People who are getting a divorce...
Nesting as an alternative to traditional joint custody
Arizona parents who would like to share custody of their children after a divorce but who are concerned about the potentially destabilizing effect on the children of moving between homes might want to consider nesting. This refers to an arrangement in which the...