The Houston Family Law Blog

February 2013 Archives

Fiscal Cliff Deal Raises Tax on Certain Divorces

We've talked numerous times on this blog about financial issues in a divorce. Most recently, the fiscal cliff dealt with a large number of financial and tax issues. Many of these issues seemingly resolved themselves with the passage of the American Taxpayer Relief Act on January 1, 2013.

The American Taxpayer Relief Act (ATRA) seemed to alleviate many tax woes. But the American Taxpayer Relief Act had some deep implications for those with impending divorces.

Does Shacking Up Lead to More Divorce?

Once upon a time, moving in with your loved one prior to marriage signaled a divorce down the line.

But it looks like things may be a little different now. It doesn't look like pre-marital cohabition has necessarily sealed your fate for divorce, according to the New York Daily News.

The Daily News points to a study conducted by the Centers for Disease Control and Prevention, in which engaged couples and co-habiting couples had as much success in their marriage as those who had not lived together prior to marriage. Some of these couples made it to the 15-year mark in marriage.

Legal Issues This Valentine's Day

This week was Valentine’s Day. For many, it’s a day of love and appreciation. It’s a day when many women find themselves sporting their engagement rings for the first time.

For many more, it’s a day of heartbreak, deceit and divorce.

Valentine’s Day has been called the “coming out” day for cheaters. It’s the day when incriminating receipts are inadvertently left lying around. It’s a day when needs aren’t met.

A day when true feelings are exposed.

And in the midst of what is supposedly a celebration of love, people break up.

Marriages break up.

So in light of Valentine’s week and the aftermath of Valentine’s Day, we’ll discuss a few legal issues that may come to the forefront this week.

3 Important Tax Issues in Divorce

If you're getting a divorce, you can never be too careful about your finances. A large part of a divorce involves financial documents.

And a large part of financials involve tax planning. With the tax season upon us, many people are wondering what issues they need to consider regarding their taxes.

What are some tax issues in divorce you should be aware of? Here are three to keep in mind: