by Administrator | Sep 28, 2016 | Military Divorce
If you are a military service member, you may be entitled to a “stay of proceedings” under the Service Members Civil Relief Act (SCRA). A “stay of proceedings” simply means a “delay.” In other words, while you are serving in the military, if your ability to defend...
by Administrator | Sep 28, 2016 | Quick Tips
Five Tips For Attending Family Court Everyone gets nervous about going to court, even attorneys and sometimes even judges. In my experience, knowing what to expect helps people prepare for any stressful situation. Whether you are attending court with your attorney,...
by Administrator | Sep 28, 2016 | Tax
A. Property Settlement Award Not Taxable. A property settlement award or transfer of property between spouses incident to a divorce is not subject to taxation under I.R.C Section 1041. It may be beneficial for the parties to reach an agreement that does not divide...
by Administrator | Sep 28, 2016 | Tax
A. ERISA Qualified Plans. Normally, there is no tax consequence associated with the transfer of an Employee Retirement Income Security Act (ERISA) governed retirement account between spouses incident to a divorce, provided the transfer is effectuated through the...
by Administrator | Sep 28, 2016 | Tax
While there are many facets to the practice of family law, the divorce practitioner should be aware of tax implications associated with the treatment of property and debt division, spousal maintenance, child support, and attorney’s fees. It is important to be versed...