Family Law, Divorce, Alimony, Child Support, New Law, US government laws, Law firm of Greene and Wilson, New Bern NC

New Tax Bill Just Erased Your Alimony Deduction

President Trump recently signed the giant tax overhaul that includes a provision scraping a 75-year-old tax deduction for alimony payments. Alimony payments, typically defined in the terms of a divorce settlement, are the payments someone gives to an ex-spouse who earns less money. Statistics vary, but The IRS says that approximately 600,000 Americans claimed an...
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Not so Happy Holidays

Yes, “Divorce Day” actually exists. Find out why so many couples decide to call it quits on this day. Perhaps you’ve never heard of “Divorce Day,” but talk to almost any lawyer and he or she will tell you it definitely exists. It’s the day when a huge number of couples initiate separation and divorce...
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The Kids are Alright: Divorce Doesn’t Mean Disaster

The Kids Are Alright: Divorce Doesn’t Necessarily Spell Disaster for Children With approximately 42% of marriages ending in divorce, millions of families and children face the challenge of learning to live with the many changes divorce brings. Adults definitely have major adjustments to make in these situations, but children often have the most difficulty coping...
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clip art of broken heart

Why All Couples Should Consider a Prenup

Prenuptial agreements, or prenups, are often associated with movie stars, professional athletes, and financial tycoons and their headline-generating divorces. Prenups are very common among this group and for good reason: When these couples divorce, the settlements can be astronomical.

Most of us enter a marriage under far different financial situations than actors or athletes,...
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