Not all forms of alimony and child support count as YOUR income for mortgage purposes. Many experts caution child support recipients that accepting your support by direct deposit is a huge mistake. And the same is true about cash. The reason: Banks require proof of...
Month: February 2016
How to Avoid Financial Mistakes in a Massachusetts Divorce
This post discusses the five common mistakes people make when dividing their finances during a divorce and tips on how to avoid them:1. Hanging onto the house at all costs. Many couples scrambling to obtain a divorce settlement wish to keep the house at any cost....
The Benefits of Mediation: Closing the Gap in Finances
The divorce process involves many aspects of the relationship from an emotional and financial standpoint. The most contentious issues often center on the parties' finances. Because addressing cash flow and the distribution of assets can create added stress during the...
Why Should You Settle Your Massachusetts Family Law Case
If you're going through a Family Court case in Massachusetts, it is sometimes hard to determine the best way to handle what can sometimes be a contentious process. Is it best to fight tooth and nail, refusing to cave until you get your way and insisting that matters...
Financial Considerations During a Massachusetts Divorce
Though divorce inevitably leads to financial changes, it doesn't have to lead to financial devastation. The following are some important things to keep in mind for those going through a Massachusetts divorce or separation as well as advice for how to avoid making...
Infographic: How Credit History Can Predict Divorce in Massachusetts
Should you be in the midst of a divorce or contemplating divorce, contact the Law Offices of Renee Lazar either through email or telephone 978-844-4095 to schedule a FREE one hour no obligation consultation.
infographic: Tax Deductions You’re NOT Taking
How to Qualify for the Earned Income Tax Credit
The Earned Income Tax Credit (EITC) is a refundable tax credit. That means, even if your tax liability is zero, if you qualify for the EITC, the credit will be paid to you. It was created to benefit low-income, working families. However, the criteria for claiming the...
Mandatory Early Retirements and its Effect on Post-Divorce Alimony Matters in Massachusetts
This might come as a surprise, but an individual's retirement often has a significant effect on post-divorce matters. For example, if the supporting spouse retires, this may lead to a modification of alimony payments that he or she is required to pay the dependent...
How to Use Technology to Help Bond With Your Children After Divorce in Massachusetts
Have you considered all of the many ways that you can use your smartphone, tablet, computer, or social media to promote closer bonding with your children? Consider the following ways to use technology to help bond with your children:Exploration. The most magical thing...