Month: April 2023
How student loan debt is divided when you divorce
Many people in California know that the state uses a community property approach to dividing assets and debts. In most cases, debts incurred and assets obtained during the marriage are split equally when couples divorce. Some divorcing partners wonder about special...
Why is it harmful to argue in front of your children?
Many California couples who get a divorce claim that fighting was a major cause of the breakdown of their marriage. Some argue in front of their children without thinking about the consequences. This can be harmful to the kids for a variety of reasons. Stress and...
Federal and state law treat alimony differently for tax purposes
If you have not already filed your federal and state income tax returns, chances are you will do so soon. If so, you should know that the state of California and the federal government treat alimony differently for tax purposes. What is alimony? First, it is important...