Divorce affects more than just your personal life—it also impacts your taxes in ways you might not expect. While some tax concerns are obvious, others can catch you off guard if you don’t plan ahead. There are some divorce-related tax questions you may not have...
Divorce
What strategies prepare you for property division before divorce?
Dividing property is a crucial aspect of divorce, and taking proactive measures makes the process smoother. Proper preparation ensures a fair outcome while minimizing potential disputes. Key steps ahead of time protect assets and clarify ownership. Gather financial...
The impact of adultery on divorce in Louisiana
Adultery can have a significant impact on married individuals affected by the adulterer's actions. In many cases, this can directly affect the outcomes of divorce proceedings in Louisiana. Since Louisiana is a community property state, the results of asset division...
What are the tax implications of property settlements in divorce?
High-asset divorces in Louisiana can be complex, especially when it comes to the tax implications of property settlements. Understanding these tax consequences helps ensure a fair and equitable division of assets. Community property laws Louisiana is a community...
How do Louisiana courts divide large assets in a divorce?
Divorce often brings concerns about dividing property. This is especially true for couples with substantial assets, including businesses, real property or retirement savings. The division of these assets can significantly impact each person’s financial future....
Understanding child support modification
Child support plays a key role in ensuring the well-being of children after a divorce or separation. However, circumstances can change over time, leading to the need for child support modifications. If you owe or receive child support, it is important to understand...
What steps should you take before filing for divorce?
Deciding to end your marriage is difficult, but the process becomes more challenging if you do not take steps to prepare first. The more preparation you do in advance, the easier it is to navigate the process with comprehensive documentation. There are several things...
Navigating the financial landscape of gray divorce
When divorce occurs later in life, the financial repercussions can be significant. Gray divorce is a unique situation that introduces a set of financial considerations that differ from those of younger couples. Division of assets When couples decide to part ways later...
5 property division steps you can take before a divorce
Divorce is rarely stress-free. However, people in Louisiana can take proactive steps to navigate the complexities of property division before divorce. By being strategic and well-prepared, you can potentially ease the strain of separating marital assets. 1. Document...
4 ways to preserve your parental relationship
Maintaining a strong and healthy bond with your child during a contested divorce is important. The turbulent times of divorce can strain the parent-child relationship, but with mindful strategies, you can protect and nurture this connection. 1. Open and honest...