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Showing posts with the label alimony

Divorcing in Tampa Collaborative vs Marital Settlement Agreements

Opting for a Tampa Collaborative Divorce Attorney Tampa Family Law Attorney Nilo J. Sanchez has decades of representing clients in contested divorces and high net worth divorces . Whether you are a couple with high net worth or you simply do not wish to battle it out in court for years, you may wonder if hiring a Tampa Collaborative divorce attorney is the right choice. Collaborative divorce is the process of divorcing through collaboration between you and your spouse's collaborative divorce attorney. Once you agree to using this process, securing a Tampa collaborative divorce attorney would be the next step. The collaborative divorce process will start by meeting with lawyers, facilitators and accountants. When applicable, experts may be called in to assist with the divorce process. Resolving high conflicts through the collaborative divorce process can be advantageous to minimize the financial burdens that can come with lengthy litigation. Once the parties reach an ...

Tampa Divorce Attorney - Divorcing in 2018

Tampa Divorce Attorney - Divorcing in 2018 There has been a lot of discussion as to how the new tax laws for divorcing couples and how this may effect the parties differently depending on circumstances.With each divorce being unique, divorcing couples need to be aware of how these new laws may effect them in the coming years. This is particularly true with regards to alimony and the tax ramifications for the recipient and payor of alimony. Tampa divorce attorney Nilo J Sanchez discusses how this may effect each party. How Taxation of Alimony is Changing The new law for divorcing couples will eliminate deductions for alimony payments ordered by 2019 divorce settlements. This means different things for each party depending on your circumstance. For instance; Paying Alimony in 2019 If you are ordered to pay alimony in 2019, payments will no longer be entitled to a tax deduction for alimony payments. Therefore, if you anticipate that you will be paying alimony to your...