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A Money Smart Divorce

December is expected to be a busy month for the nation's divorce courts. The tax overhaul enacted late last year eliminated the deduction for alimony, but unlike most provisions in the law, this one doesn't take effect until 2019. As of January 1, the IRS will treat alimony payments in the same manner as it treats child support, which isn't… Read More

Getting divorced? Don’t forget to talk about how you will pay for your kids’ college

Divorce throws a wrench in many long-term plans, from savings to retirement and beyond. If you're divorcing and have children, even if they are young, you should also consider the impact the end of your marriage will have on their college plans. Some states require divorcing couples to address how they will pay for their children's college education in their… Read More

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