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Your First Time Filing Taxes After Indianapolis Divorce
Divorce can cause upheaval in a person’s life. It can also complicate income taxes. Different rules will apply at different steps of the divorce process. If you are going through, or have recently gone through, an Indianapolis divorce, the following is what you can expect your first time filing taxes after your divorce becomes final.
Reasons to Consider an NDA for your Indiana Divorce
Non-disclosure agreements (NDAs) have been common in celebrity divorces for decades. If a couple’s relationship has been public or even admired by others, the last thing those two want is for sensitive information about them become public, too. This could be socially or publicly damaging and could lead to the loss of future career opportunities.
Indiana Supreme Court Amends Parenting Time Guidelines
The Indiana Supreme Court has issued an Order Amending Indiana Parenting Time Schedules. The order was filed with the clerk of the court on October 5, 2021. The new order goes into effect on January 1, 2022.
What Happens to My Pension, IRA, and 401(k) in an Indiana Divorce?
Indiana is one the few states that presumes all assets and liabilities, whether owned by one or both spouses, will be divided equally in a divorce. In many other states, only property acquired during the marriage is subject to distribution. In most cases, property and debts acquired and owned separately before the marriage are distributed equally in an Indiana divorce. This rule applies to pensions, IRAs, and 401(k)s, as well as to other types of assets.
Making Divorce Easier for Kids
Divorce can be hard for kids. It’s not their fault, but they are still affected. There are things you and your spouse can do to help your kids through this difficult time.
No matter how you and your spouse feel about each other, you should both be able to agree that you want to do what’s best for the kids. After you file for divorce, you will want to shield them as much as possible from the negative feelings that both of you are experiencing.
Dealing With Cryptocurrency in a Divorce
Cryptocurrency is a type of digital currency. It uses a ledger with strong cryptography (secure information and communication techniques) to keep online transactions secure. Cryptocurrency can be used to purchase services or goods, or to trade for profit.
Dividing a House During a Divorce
No family wants to give up their home following a divorce. It can hold a lot of financial and personal value to the owners, as well as any children who grew up in it. When dividing your marital assets during an Indiana divorce, you will need to determine the value of your house, and any other real estate, and come to terms on how it will be divided between you and your soon-to-be-ex.
What You Need to Prepare for Your Divorce
Making the decision to end a marriage is difficult and comes with many responsibilities. You will need to identify all of your martial assets, determine how to divide your property, come to terms on a custody agreement, and fulfill certain requirements under Indiana state law. This can all be overwhelming at first, but a skilled family law attorney can guide you through the process and help you prepare for all legal proceedings.
Divorce: What it is and the Divorce Process
If you and your spouse are considering divorce, then know that you’re not alone. In 2017, nearly one million couples in the United States decided to go their separate ways.
Divorce is unique, and each experience is different. In many cases, this type of separation can be a solution to a marriage that no longer functions. Unfortunately, divorce can be a lengthy and emotional process.
Indianapolis Divorce Lawyer Blog: Cheap Divorce Attorney
Cheap Divorce Lawyer? Think Again!
When you are going through divorce money is tight, and you will be looking for way to save. It is common for people to consider hiring a cheap divorce lawyer or one of those “do it yourself” divorce kits online. Trying to get divorced on the cheap can be a big costly mistake. Don’t be a penny pincher and waste your time searching for a cheapo divorce attorney. There aren’t many things you will experience in your life more serious than a divorce. It is a life-changing event that you will have to live with the rest of your life.
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