You may have breathed a sigh of relief if you were among those who finalized their divorce in 2018 before the new tax laws went into effect.
Divorcing your spouse brings with it certain inevitable changes, and one of those changes relates to the manner in which you file your taxes. The government taxes married couples differently from single filers. How you file your taxes will change upon the completion of a divorce.
There are many suggested steps to take after a divorce to ensure your new life goes smoothly. These steps include changing a last name back to a maiden name (optional), opening new bank accounts or finding a new place to live. Other items include reviewing various accounts to ensure who the beneficiaries are and ensuring that they are updated. Those accounts include:
Summer tends to be a popular time for divorce. One study conducted by the University of Washington found that in addition to March, August has one of the highest divorce rates in the country compared to the rest of the year.
A divorce can occur anytime throughout the year. However, there are actually seasonal changes that provoke an increase in the divorce rate. There are several explanations for this, but the fact remains that couples on the edge of divorce are more likely to follow through during certain months of the year.
The recent release of the documentary film RBG in New York and across the nation has called new attention to Supreme Court Justice Ruth Bader Ginsburg. If you are one of the thousands of people who flocked to see this documentary, you noticed the huge differences between life in the 1950s when she began law school and life today for female law students.
It is now more typical for divorce to occur later in life when partners are in their 50s or 60s. Usually these are long-term marriages of 20 years or more. When these marriages end they are known as a "gray divorce". These late-life divorces bring special challenges that couples must consider.
Spousal maintenance, or alimony as many people call it, is often a contentious issue in New York divorces. It is simply the financial support paid to an ex-spouse after a divorce. This topic is complicated further because of the many misconceptions surrounding it.
Celebrities appear to live glamorous lifestyles full of riches, fame and luxury. When it comes to divorce, these riches and fame can make things more complicated and lead to additional hostilities. Divorce can be a stressful, emotional event for people from all walks of life. People with money are not immune from making poor choices during challenging times.
Researchers are now studying the effect social media has on our lives, including romantic partnerships. Researchers from Northcentral University suggest that social media can distract married couples and prevent spouses from adequately nurturing their interpersonal relationship. Social media can also contribute to couples being envious of other couples because they compare their relationship to what they see other people claiming they are doing online.