Avoid The Mistake Of Moving Out During Divorce

One of the very first steps guys make during the divorce process is often their biggest mistake. Your wife tells you she wants a divorce. You’ve been fighting constantly for months, and while you’d love for this to work, you’ve also reached your breaking point. It would probably be best …

Tax Tips: Are Property Settlement Payments Tax Deductible?

Question: I pay a monthly property settlement to my ex-wife on the equity in our former marital home. This payment is mandated in our marriage separation agreement. Are these property payments tax deductible?

When Is A Property Considered A Marital Home?

Question: I own a home with my mother through a Joint Tenancy with Right of Survivorship that was purchased well before I was married. Now that my wife and I are getting divorced, is she entitled to part of this property? Is it considered a marital home because we’ve lived …