GOP Tax Plan Eliminates Tax Deduction on Alimony (Spousal Support)

“On Wednesday, November 1, 2017, the House finally released their proposal for tax reform and one item on the list is to eliminate the deductibility of spousal maintenance/alimony for payors. This could have a significant impact on marital settlement agreements going forward and even require re-negotiation for divorces completed in 2017 based on the assumption that the maintenance already ordered would be tax deductible to payor.”  For the full article, please click here:  https://divorcefinancialtraining.com/gop-tax-plan-eliminates-tax-deduction-on-alimony/

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Court Says Hmong Couple Had Putative Marriage, for Purposes of Divorce

“[O]ur decision in this case should not be read to indicate that all marriages performed according to Hmong cultural traditions, or the traditions of other cultures, are per se valid in Wisconsin,” Judge Stark wrote. “Rather, each purported marriage must be analyzed on its own facts to determine whether it qualifies as a putative marriage…”  The full article can be found here: http://www.wisbar.org/NewsPublications/Pages/General-Article.aspx?ArticleID=25945  

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Divorce and Retirement Accounts

“If you're getting a divorce, you probably don't spend a lot of time thinking about how it will impact your retirement -- but it's a valid concern.”  The full article on the impact of divorce on retirement accounts and planning can be found here:  http://host.madison.com/business/investment/markets-and-stocks/can-divorce-destroy-your-retirement/article_b622eef2-edd6-58cb-90fa-5ea11c9e682d.html

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Co-Parenting After Divorce

“Dad and I still sometimes disagree.  We’re different people. You know better than anyone, because you live with both of us.  Our styles are different. We like to do different things. We discipline you differently.  Dad interacts with Stephanie differently than I interact with Gabe. But we agree on the most important thing:  you. We agree to co-parent because it is what’s best for you.” For the full article, please click here:  http://www.huffingtonpost.com/entry/do-you-love-your-kid-more-than-you-hate-your-ex_us_58fe01fde4b0f02c3870ec7f

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Wisconsin Supreme Court Clarifies Standard on Grandparent Visitation Rights

“We conclude that Wis. Stat. § 767.43 (1) does not require a grandparent, greatgrandparent, or stepparent who files a motion for visitation rights … to prove that he or she ‘has maintained a relationship similar to a parent-child relationship with the child,’” wrote Justice David Prosser in the majority opinion of the court.” For the full article, please click here:  http://www.wisbar.org/NewsPublications/Pages/General-Article.aspx?ArticleID=24744

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