Robert D. Bordett, CFP, CDFA has not received any gifts yet
So you’ve chosen a mediator to work with you and your spouse on your divorce. Where do you go from here?
You can start with what to bring to the first session of the mediation. Most mediators will have a list of all of the documents you’ll need. There is usually also an intake form that asks about each of you, the children, and other information about the marriage.
Posted on April 12, 2018 at 6:30pm
The main component of mediation is the mediator. That is why it’s important to make sure you select the right mediator to help you in your unique situation. Many times mediators are chosen by the attorneys, especially in court-ordered mediation — but in private mediation the parties may just look to choose the mediator.
Below is a short list with some items you…Continue
Posted on March 22, 2018 at 12:31pm
As we know the President signed the 2018 tax reform law into effect on December 22, 2017. This is the largest tax code overhaul in more than 3 decades.
Most of the provisions in the TCJA will take effect on January 1, 2018. Most of the provisions affecting individuals are temporary and sunset after 2025, while the majority of the business provisions are permanent.
Posted on January 11, 2018 at 6:26pm
Deep in the 429 pages of the House Republican tax bill is a provision with financial consequences for couples getting divorced.
People looking to get divorced and people writing alimony checks would have to pay tax on those payments. Under current tax law, alimony payments are tax-deductible to the party paying and taxable to the party receiving them. Under the new proposal that would end.
Here is the rationale for making these changes: The proposal would…Continue
Posted on December 6, 2017 at 6:30pm
We are only 10 weeks away from the end of the year. What does that mean for people who have gotten divorced in 2017?
It means you have to get ready to file your tax returns for the year ending 2017 by April 16, 2018 (April 15 falls on a Sunday so you can file your return on April 16) or extend it. Remember, just because you extend…Continue
Posted on November 16, 2017 at 5:12pm