By Randy S. Margulis | Published January 22, 2013 | Posted in Divorce | Tagged Tags: damaged credit, Divorce, divorce settlement, New York divorce attorney | Leave a comment
Although celebrity divorces are the focus of the media — Tom Cruise and Katie Holmes, Dennis and Michelle Rodman, Heidi Klum and Seal — for many people the concern is not how many thousands they pay each month in spousal and child support, but how their many thousands of dollars in debt are allocated. Even Read More
Read MoreWith his impending divorce announced recently, philanthropic billionaire Stewart Rahr will be giving away more than his usual share — but this time not to charity. Rahr is facing an enormous settlement with his soon to be ex-wife, who was at his side as he built his company. In another case, millionaire executive Henry Silverman, Read More
Read MoreA 2011 Kings County case demonstrates that serious consideration of tax implications is crucial in a divorce. The husband’s gross income was $107,953 and the wife’s was $11,660. After payment of alimony, child support and taxes, the husband took home $41,000 per year and the wife’s income was $58,253. Be sure to review IRS Publication Read More
Read MoreDivorce can be harder on your children than it is on you. Marital difficulties disrupt all relationships, and a failure to recognize your children’s feelings may set a negative pattern that they will carry with them for the rest of their lives. Talking to children about divorce is not easy, but the following suggestions may Read More
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