Co-parenting can be difficult. But realize that Mother's Day and Father's Day have special importance if you are divorced, separated or have ended a relationship during which you had one or more children. Yes, it's a day to have your children with you to celebrate.
Divorce mediation or divorce negotiations include difficult conversations. Often, there is no diplomatic way to have these conversations. An employer firing a friend or relative is a difficult conversation. Telling your in-laws that they are over-bearing is a difficult conversation. Delivering a difficult message is like lobbing a hand grenade; even if it is coated with honey and softly thrown, it will still do some damage. And failure to carry through that difficult conversation is like holing onto the hand grenade after the pin has been pulled. Just remember, difficult conversations are just normal experiences we have during our lifetimes.
After you obtain a Divorce, you need to examine and change your estate plan. If you had an estate plan before the divorce, you probably named your former spouse in your Last Will or Revocable Trust, as well as in your Health Care Power of Attorney. I can almost guarantee that you will want to change those decisions made during happier times. Further, if your spouse has a financial power of attorney, you need to revoke the same.
Almost everyone now understands that their postings on Facebook, Snap Chat, Twitter, LinkedIn, Pinterest and Instagram (and in all Social Media Sites and platforms) may be unearthed in a divorce proceeding. Pictures and comments may haunt someone in a divorce proceeding. I had a male client, whose girlfriend posted a Facebook picture of her new large diamond ring on the afternoon that the divorce was heard. On the next day, my client's spouse called her attorney about the picture and I received a call from the wife's attorney asking what money my client had hidden in order to buy the ring. Luckily, he had the receipt that he had charged the entire amount of the ring. Clearly, this demonstrates the problems caused by a careless Facebook post.
Ben Franklin really did not write much on Divorce. But these quotes from hundreds of years ago do apply today to divorce.
Years ago, I used that phrase over and over about Divorce. Then it became stale because I used it too often. But, I need to get back to it.
Steve Jobs said:
Alimony affected taxes in the past. Alimony has been a deduction from income when the payor files his/her income tax return. If the payor earned $100,000 in a year and paid $1,000 a month in alimony, his/her taxable income would be $88,000. The $12,000 per year alimony would be added to the recipient's income and he/she would pay taxes on the alimony received.
The Child Tax Credit came into existence with the 2018 Tax Cuts and Jobs Act. Taxes need to be considered when negotiating a divorce when there are children. Previously in divorces, parties considered who would claim the children as dependents on an income tax return. The Rhode Island Child Support Guidelines suggests that the custodial parent would claim the exemption.
Receive workers' compensation benefits even if you have not missed a day out of work. Sounds crazy? It is not.