If you are in the process of divorcing your spouse, you may be interested in having some information about filing your tax return. The IRS treats you as married if on the last day of the tax year you still don't have a final divorce decree or separation agreement. This means you can only choose … [Read more...]
Understanding Marginal and Effective Tax Rates
Understanding the difference between marginal and effective tax rates is important information for attorneys in the midst of a divorce or family law case. The marginal tax rate is the tax rate imposed on the very last dollar of taxable income. The effective tax for an individual is the average … [Read more...]
ATTACHMENT STYLES IN A DIVORCE
ATTACHMENT STYLES AND THEIR IMPLICATION TO THE COLLABORATIVE DIVORCE In March 2015, CLI-TX sponsored a two day training workshop, “Attachment Styles and Their Impact on Divorce”. The first day was presented by a couple of Canadians; one an attorney and the other a mental health professional covering … [Read more...]
Divorce and the QDRO
DIVORCE OBLIGATIONS COLLATERALIZED WITH QUALIFIED RETIREMENT PLAN AND QDRO How often have you seemingly reached a divorce settlement in a high asset, low-liquidity case only to be stymied by lack of collateral or security for deferred payments? You might consider a sometimes overlooked source of … [Read more...]