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This article is the second installment of Littleton Divorce Attorney Bonnie Shield's series on tax issues in divorce. In this segment, Bonnie explains how spousal maintenance (alimony) is treated on your taxes and how savvy lawyering can help you receive the best tax treatment on your divorce. How Alimony is Taxed If you awarded spousal [...]
There has been a lot of buzz lately about a new Florida law that prohibits the granting of lifetime spousal maintenance (better known as alimony) along with other changes to the Florida alimony system. This law has ignited a nationwide discussion about how spousal maintenance should work given drastic changes to American family culture. This [...]
During a divorce tax issues are commonly overlooked, often even by divorce attorneys. This series of articles by Littleton Divorce Attorney Bonnie Shields discusses the tax effects of divorce. Part 1 of this series specifically looks into the tax ramifications of property transfers that happen as a result of a divorce. Property Division During a [...]
Many clients approach divorce believing some myths about how the process begins and what facts are relevant to the process. Colorado's no fault divorce rules allow for dissolution of marriage without the burden of showing a reason for the divorce. The rule also generally prohibits spouses from bringing up certain issues (such as infidelity) in [...]
This month Diane L. Danois, a divorce attorney and contributor to the Huffington Post, authored a great article on common mistakes people make that drive up their divorce costs. This article offers up wonderful insight on how you can help to keep your legal fees low by doing a few simple things. As a Littleton [...]