Getting Divorced During Tax Season? Do You Know about 26 U.S. Code § 1041 – Transfers of property between spouses incident to divorce?

GETTING DIVORCED DURING THE TAX SEASON? CHECK OUT 26 U.S. Code § 1041 – Transfers of property between spouses or incident to divorce. So, it’s tax season and there is no more complicated time to divorce than at this time. Getting divorced during tax season has got to be the worse timing possible as a …

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Divorce & Your Life Insurance Policy: Should you remove your spouse as beneficiary? (# divorce life insurance issues)

force me to pay alimony

DIVORCE AND LIFE INSURANCE ISSUES   (# divorce life insurance issues) When you get divorced says Mark Eghrarl who writes for Forbes Magazine, you have to change everything. This includes the beneficiary of your life insurance policy. It makes sense. If you are divorced from this person why would you want them to continue to …

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What is a Divorce Mortgage?

avoid paying alimony

THE DIVORCE MORTGAGE There is a new mortgage product that is expected to be unveiled by certain European banks in a few months. It is called the Divorce Mortgage. The idea seems to be that banks will lend money to one of the parties in a divorce to buy out their spouse. This way the …

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