Defining a Nesting Arrangement in a Family Law Context Divorce is an unfortunate event for any family, particularly those with children. It leaves psychological and emotional scars that haunt children for a lifetime. It is therefore very important to come up with methods to mitigate both the parents and children’s experience as they transition to…
Is Alimony Taxable Income in Florida? For alimony to be deductible to the payor/spouse and taxable to the payee/spouse, the alimony must meet all of the elements of IRC section 71. Just to meet the criteria for alimony under a state statute is not enough if any of the Internal Revenue Code requirements are missing.…
How to Locate Hidden Assets In a Divorce (Part III of our Hidden Asset Series) The first step in locating hidden assets is having timely and accurate personal information of the other spouse. This should include the spouse’s full legal name, nickname(s) and known aliases along with current and past address information. It is also…
Where To Look For Hidden Assets During The Divorce Process There are many ways a spouse might conceal assets and the ways vary greatly with the individuals involved. In an attempt to hide assets, a spouse may involve the help of a family member or a close friend and often these individuals are unaware they…
What Are Hidden Assets and How Do They Relate to Divorce? Financial issues in a divorce can sometimes be difficult where unreported income and hidden assets are being alleged usually by the party who is not running the family business or has not been in charge of the family finances. It is not unusual for…
Social Media and Your Family Law Case Social media is playing an ever increasing role in family law cases. The comments, opinions and photos posted to Facebook, Twitter, Instagram, YouTube and personal blogs are not always private and can be admitted into evidence at a trial or hearing. Photos showing lavish spending could impact an…