The ink is barely dry on the "Tax Cuts and Jobs Act" which both houses of Congress passed on Dec. 20, 2017, yet, accountants are scrambling to figure out how the 500-page law will affect their clients this year. Most can't believe this complicated and confusing law is effective immediately. "We don't have a year to figure it out," said one notable tax expert. And some are warning the new law … [Read more...]
Assemble an experienced team of pros for your divorce — your future depends on it
Your divorce may not "take a village," but assembling a good team of key professionals will make a big difference in the outcome. Depending on the complexity and unique aspects of your divorce situation, you should consider hiring the best experts you can afford to assist you in navigating the divorce process. Consider this an investment in yourself, your family and your future, and well worth the … [Read more...]
Looking for clues of bad behavior during divorce (part two)
In part one of our blog post with this headline, we discussed a variety of red flags to look for during the divorce process that may indicate a spouse is behaving badly. We also offered tips to better protect yourself against such behavior, as well as how to educate yourself about the divorce process and what to expect. In this blog post, we will take our examination of bad behavior during … [Read more...]
The five most common myths regarding divorce finances in Texas
1. Myth: Assets are always divided 50/50 Fact: Texas divorce law does not support the common belief of splitting marital assets 50/50 The State of Texas requires a “just and equitable” division of property. A 50/50 settlement is rarely appropriate and should never be implemented without expert advice, and ideally, using an analysis of the situation by a Certified Divorce Financial Analyst. … [Read more...]