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Posts tagged "children"

Stimulus Checks May Be Garnished For Child Support Arrears in Massachusetts

Due to COVID-19, Massachusetts residents are experiencing difficult financialStimulus Bill.jpg times. While there has been action by the government to ease financial burdens such as staying evictions and forbearing mortgage payments, the fact of the matter is that ensuring the receipt of child support during this time is critical.

IRS Tax Tip: Do You Have to Pay Taxes on Your Coronavirus Stimulus Check?

In mid-April, the government began sending out direct payments to Massachusetts residents asStimulus check 1.jpg part of the larger coronavirus stimulus package. While the money was much needed by those who lost income as a result of the pandemic, many are wondering whether there's a catch. Will the money be taxed later? Is it simply a tax refund advance that will need to be paid back next year?

4 Steps to Help Teens Handle Your Massachusetts Divorce

Many Massachusetts divorcing parents put all their attention on helping theirTeen Girls.jpg younger children cope while assuming their teenager will understand and adapt. Unfortunately studies have shown that in many cases teens will deal with divorce in more self-destructive and dangerous ways than younger children. Don't be misled by their seeming independence and self-sufficiency. Often, behind that mask lie deep insecurity, anxiety, mistrust and fear.

How to Care for Massachusetts Children During Down-Turned Economy in Massachusetts

Is our down-turned economy having an effect on divorce in Massachusetts? WhileDivorce - Money - Stress.jpg it's too early for statistical evidence, reports from marriage counselors and divorce attorneys around the globe are in agreement. They're finding many couples who were ready to call it quits are postponing the divorce decision due to financial reasons. In the U.S., with housing values at near-record lows, wide-ranging cuts in salaries and a dramatic rise in unemployment rates, many couples are just not divorcing because they are afraid they can't afford it.

How To Choose a Legal Guardian For Your Massachusetts Children

Choosing a legal guardian - the person, or people, who, in the event of you andChildren 42.jpgyour spouse's deaths, will take care of your Massachusetts children is one of the most difficult decisions Massachusetts parents must make when writing a will and planning their estate.

6 Ways The Coronavirus Can Infect Your Massachusetts Divorce

It seems the ripple effect of coronavirus has infected everything, and divorcingVirus 2.jpg Massachusetts individuals are not immune. The most apparent impact is that most, if not all, courthouses are closed except for emergencies. This may delay your divorce, along with applications for temporary support and custody. There are other less obvious issues as well. Here are six areas you need to re-assess when going through a divorce, along with actions to prepare and protect yourself.

Massachusetts Divorce Dilemma: Settle or Go to Trial?

While most Massachusetts divorcing partners strive to make the divorce process as quick andTax Credit-thumb-300x200-115621.jpgpainless as possible, sometimes it's just not that easy. What do you do when things aren't going your way-your spouse wants more than his or her fair share of the assets, or proposed custody arrangements aren't agreeable to you, for example? Should you roll the dice and go to trial, letting a judge decide the issues? Or what if you just can't get your spouse to the negotiating table? Is continued litigation a good option?

7 Steps for Maximizing Your 529 Plan for Massachusetts College Students

A 529 plan is a great option for Massachusetts families looking to save money forCollege 11.jpg their child's education. With college tuition rising so fast - up 168 percent over the last 20 years, according to U.S. News - it's more important than ever to plan your finances carefully.

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