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September 2017 Archives

What do Tennessee courts consider when awarding alimony?

The decision to divorce is often a long time coming. While marriage is something that some couples rush into, deciding to end a marriage often comes after years of fighting and unhappiness. It is not a decision most couples make lightly. However, once decided, couples may feel some measure of relief.

Alimony and taxes – what you need to know

If you are considering divorce, you may expect that alimony will be part of your divorce decree or settlement. While any child support you receive from your future ex-husband, along with marital property that transfers to you, is typically not subject to federal income tax at the time of receipt, alimony is different.

Addressing the school year when parents in Nashville are divorced

Labor Day weekend, the unofficial end of summer, is behind us and children throughout Nashville are back at school. However, for children whose parents have divorced, school can sometimes be stressful. But, there are some things parents can do to relieve some of this stress.

How should IRAs be split during property division?

When divorcing couples in Nashville think about property division, their immediate concerns may involve their tangible assets. Who gets the house, furniture and electronics, among other pieces of personal property? However, they should keep in mind that some of their most valuable assets are intangible property. Retirement accounts are one of these assets. It is important that retirement accounts are divided fairly, but there are rules involving the division of a retirement account that do not apply to tangible property.

What effects does a divorce have on one's mortgage?

As the song goes, "Be it ever so humble, there's no place like home." However, most people in Tennessee have to take out a mortgage in order to purchase a home. Sometimes, though, a couple's marriage fails before their mortgage is paid off, leading them to wonder what happens to the mortgage after divorce.

Co-parenting a baby after divorce

Tennessee parents expecting a child are often happily awaiting the day their little ones come into their lives. However, even the joy a baby brings cannot fix a broken marriage, and some couples may find that they end up divorcing, while their child is still a baby. When this happens, how does it affect their ability to effectively parent?

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