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divorce Tag

Social Security Benefits Upon Divorce

“Your benefit as a divorced spouse is equal to one-half of your ex-spouse's full retirement amount (or disability benefit) if you start receiving benefits at your full retirement age. The benefits do not include any delayed retirement credits your ex-spouse may receive.”   A full summary can be found here: https://www.ssa.gov/planners/retire/divspouse.html...

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“State Proposes to Reduce Amount Wealthy Parents Pay in Child Support” by Molly Beck

A Wisconsin State Agency seeks to reduce child support paid by high income earners. The agency proposes a reduction in child support paid by parents making between $300,000 and $500,000 annually. The proposed change would introduce a sliding scale to reduce the percentage of income between $300,00 and $500,000 that would be paid. Please see the full Wisconsin State Journal article at: http://host.madison.com/wsj/news/local/govt-and-politics/state-proposes-to-reduce-amount-wealthy-parents-pay-in-child/article_8c542c9a-963d-5dfa-a92e-361968a7f675.html ...

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“The Best States to Get Divorced if Your Spouse is Loaded” by Tanza Loundenback

Racine, Kenosha Divorce Attorney

A Wisconsin State Agency seeks to reduce child support paid by high income earners. The agency proposes a reduction in child support paid by parents making between $300,000 and $500,000 annually. The proposed change would introduce a sliding scale to reduce the percentage of income between $300,00 and $500,000 that would be paid. Please see the full Wisconsin State Journal article at: http://host.madison.com/wsj/news/local/govt-and-politics/state-proposes-to-reduce-amount-wealthy-parents-pay-in-child/article_8c542c9a-963d-5dfa-a92e-361968a7f675.html...

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“In a Divorce, Who Gets Custody of Electronic Data? The Lawyers” by Jonah Engel Bromwich and Daniel Victor

Divorce in the modern tech savvy times is much different than divorce prior to our obsession with social media and computers. Individuals getting divorced now need to know more about electronic data and how it can be used by attorney’s in divorce proceedings. This article discusses who gets custody of electronic data in modern divorce. Please see the full New York Times article at: https://www.nytimes.com/2016/11/01/us/politics/divorce-electronic-data.html?_r=0...

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“How to Survive Divorce After 50” by Tania Brown

Divorcing after a long-term marriage can be extremely emotionally and financially difficult. This article focuses on tips for navigating a divorce after turning 50. Divorces for individuals that have been married thirty-years and longer can be extremely financially complex and also tricky if one member of the marriage has been a stay at home parent. This article has excellent tips for navigating a divorce later in life. Please see the full forbes article at: http://www.forbes.com/sites/financialfinesse/2016/09/29/how-to-survive-divorce-after-50/#16febe62743a...

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“10 Ways to Prevent a Divorce from Ruining Your Finances” by Maryalene LaPonsie

Individuals starting out in the divorce process should take these tips for protecting their finances in a divorce. This article has real advice for intelligently navigating financial issues in a divorce. Individuals thinking about divorce, currently filing, or in the midst of a divorce will benefit from the realistic information supplied. One of the best tips, is the very first- Know what you have and get a firm grasp as soon as you are able. Please see the full US News article at: http://money.usnews.com/money/personal-finance/articles/2016-09-29/10-ways-to-prevent-a-divorce-from-ruining-your-finances...

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