Massachusetts grandparents who work and are also raising grandchildren might benefit from the earned income tax credit. The IRS encourages these grandparents to find out, not guess, if they qualify for this credit. This is important because grandparents who care for children are often not aware that they could claim these children for the EITC.
The amount of income of your Massachusetts spouse or co-parent has wide ranging significance in your divorce or child support dispute. The amount of both your and your spouse's income will affect whether you're entitled to spousal support and in what amount, how your and your spouse's assets will be divided, and the amount of child support. If you or your spouse does not work a traditional salaried job, showing how much income is available after business expenses are paid can be difficult, and could even provide an opportunity for your spouse to conceal income.
After a painful break-up or contentious Massachusetts divorce, it might be difficult to feel anything but anger towards a co-parent. Co-parenting relationships last for the lifetime of your children, however, and it is not only in the best interests of your children that you make the best of that relationship; it's in your best interests, as well.
Many experts agree that shared custody (responsibility) is the best divorce outcome for Massachusetts families. In order for both parents to be as involved in their children's lives as possible, many turn to parenting plans. A well-drafted plan has the ability to put in writing the agreements made by both parties regarding the raising and care of a couple's children.
Are you planning to forget your past after your Massachusetts divorce and start dating? However, it may not be that easy to do so especially if you had been married for several years to your former spouse. Sometimes, it could be as complicated as finding your way in a market while there is a blindfold on your eyes. When you get divorced from your partner, you could feel extremely lonely after sharing your house and life with someone for so many years. It is natural to seek companionship and feel wanted in such crucial times. But this also makes people more vulnerable and many of them tend to make certain mistakes when they start dating. Eventually, that results in more self-doubt, loneliness and another sour relationship. Many people commit these mistakes that also affect their health and they fail to find lasting love in their lives, love, and attachment when your new partner is crazily attracted to you.
When you go through a Massachusetts divorce, it can be both financially as well as emotionally painful. Moreover, if your former spouse suddenly files for bankruptcy, things can be even more stressful for you as there is a possibility that your financial stability can get greatly affected. Divorce, as well as bankruptcy, may have a great impact on your financial position in various ways based on the new circumstances of your ex-spouse.