Among other financial topics, our CFL™ course covers support, which can become an issue before and after divorce proceedings. Case in point: the recent Ohio Supreme Court decision In re Adoption of A.C.B. revealed how failure to comply with child support obligations under a judicial decree can influence a parent’s consent to an adoption. Case…
Details
The Tax Cuts and Jobs Act of 2017 (TCJA) made major changes to tax laws that led the Internal Revenue Service (IRS) to modify 1040 forms accordingly. This latest post in our financial literacy series covers the 2019 tax forms and key sections to use to assess your clients’ financial situations, lifestyles, and if they…
Details
Our CFL™ course features many financial aspects of divorce, including child and spousal support, to help you practice family law effectively. Like in the recent high-net-worth Florida appeals case of Accardi vs. Accardi, when one party fails to meet an obligation, a legal battle can ensue. It’s also important to determine who can make court-ordered…
Details
You may have run into some forms of executive compensation in your family law practice, however, you might not fully understand them. Executive compensation is becoming increasingly complex to divide in divorce settlements as it continues to be tied to work performance. Knowledge of the underlying financial principles can help you advise your clients better…
Details
As a family law attorney, you’re familiar with negotiating child and spousal support, which we cover in our CFL™ course. Sometimes, years after a responsible spouse has made those payments, like in the Maryland appeals case of Nusbaum v. Nusbaum, they can seek to have them reallocated. Depending on the legal parameters involved, such requests…
Details