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August 2018 Archives

Divorcing parents can help kids with back-to-school plans

For Missouri parents and kids, back-to-school time can be an exciting and anxious time of year as students look forward to new teachers, classes and friends. When parents have recently divorced, they may be even more concerned about how to make the school year successful. This is especially true when children are starting their first academic year while splitting time between their parents' homes. However, by keeping a few key tips in mind, divorced parents can help make their children's experience positive, supportive and full of achievements.

Tax treatment of alimony to change

The rules governing taxation of alimony payments are set to change in 2019. Some of the biggest consequences of the new tax rules have to do with who pays taxes on the alimony. For people who are approaching or going through divorce in Missouri, it's important to be aware of the ramifications. The law will apply to divorce agreements that are entered into after New Year's Day 2019.

Child support cases come in different forms

When Missouri parents decide to divorce, issues like child support and custody often prove to be especially complicated. Parents may notice that different support cases are handled in different ways. For example, some parties handle child support payments privately between the custodial and non-custodial parents while others make payments through a state-mandated system. This is because there are four major types of child support categories: IV-D, IV-A, IV-E and non-IV-D.

Student loan debts are ruining marriages

Student loans are taking a toll on marriages in Missouri and around the country, according to a study by Student Loan Hero. The website reports that the average U.S. college loan balance is $34,144, while the average loan for 2017 college graduates was nearly $40,000. Apparently, the weight of this financial burden is breaking down marital bonds.

How to know if your marriage is not worth saving

If you look back over your life, you can probably think of many difficult decisions you have made that changed the course of your life. Perhaps you struggled to decide which college to attend, what to major in, where to apply for work and where to settle down and live. If you are like many, you labor over the small decisions - like what color to paint the living room - as well as the big questions - like whether to accept a marriage proposal and how many kids to have.

Preparing for a divorce

The unfortunate truth is that some marriages were never meant to be. When Missouri spouses come to this realization, divorce is generally the best solution. Most couples go into the divorce process hoping for a smooth transition. However, emotions often run high when issues such as child custody and property division come into play. That's why it's important to be prepared.

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