Property Settlement Questions

Property Settlement Questions

Question: My spouse has offered me cash settlement in our divorce. Do I have to pay taxes on this settlement, and is he going to claim it on his income tax. If this is taxable, is there any way around it? Answer: You should discuss the entire settlement offer with...
What Can I Do to Financially Prepare for Divorce?

What Can I Do to Financially Prepare for Divorce?

Try to Settle All Financial Issues Find out what your rights and obligations are with regard to child support, or spousal support or both; and how the division of assets, and liabilities can be handled. These are all financial issues that must be resolved during...