McCoy Fatula, APCMcCoy
Fatula
Located in Roseville, CA
916-945-2780

December 2018 Archives

New tax law to affect those getting a divorce

As 2018 winds down, some residents of California and other parts of the country are anticipating how part of the Tax Cuts and Jobs Act will affect them in the new year. For those couples who are planning to divorce in 2019, there is a new law taking effect on Jan. 1 that changes the way alimony is handled for tax purposes. Some matrimonial experts  believe these changes will make divorce deliberations more complicated.

More states considering shared parenting for child custody

Going through a divorce can be a trying process for couples in California or elsewhere around the country. Countless decisions must be made regarding dividing financial accounts, determining who will continue to live in the family home or deciding who will keep other assets. However, for couples with children, the issue of child custody is of utmost concern. While still not the standard practice, shared parenting arrangements are beginning to be more frequently granted by courts in several states.

Divorce rate higher for California couples with stepchildren

Becoming a stepparent is normally not easy, at least not at first. There are a lot of adjustments to make. Families in California these days can consist of his and hers or hers and hers or his and his, and according to statistics, couples with stepchildren are more likely to walk the divorce path yet again. But there are ways to avoid becoming another statistic.

Property division: States changing the way pet custody is handled

Household pets are often considered to be part of the family for most California residents and others around the country. In fact, many married couples get a pet together before they have children. Certainly, in these situations, both spouses are invested financially and emotionally with their pets. Unfortunately, should a divorce occur in the future, pets often get thrown into the negotiations for property division in the settlement. However, some states are making changes in the way pet custody is handled in divorce cases.

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