Thoughts on Divorce from Merrimack Mediation
/Thoughts On Divorce
Federal Law Changes Affect Divorce Finances
The federal tax law enacted in December of 2017 is almost 280 pages long (continuing the American tradition of making tax loss complicated). It contains some provisions that will have a significant impact on the finances and agreements formed by people getting divorced. Read more to learn how these changes could affect you.
- Alimony
- Taxes
- Law Updates
Divorce Preparation Checklist
1 Hire an attorney
2 Get a copy of your credit report
3 Organize your financial
information
4 Get clarity about debt
5 Set up separate bank accounts
6 Store your valuables in a safety deposit box and notify your spouse in writing
7 Get a cell phone, email address, etc. in your own name
8 Don’t do anything you will regret later!