Start Thinking About Taxes if Divorce is Ahead

Accounting and tax issues are usually the last thing on one’s mind during the divorce. However, this is precisely the time to start thinking about tax implications.


http://www.communitynewspapers.com/pinecrest/start-thinking-about-taxes-if-

divorce-is-ahead/

Social Networks blamed for China's Rising Divorce Rates

A new study from China says social media is to blame for rising divorce rates in that country.  

The divorce rate in China has been steadily rising since 2004, according to statistics from the Ministry of Civil Affairs. In 2012, 3.1 million couples divorced, or 23.4 per cent of the population, compared to 4.7 per cent in 1979. The rate was close to or over 30 pc in Beijing, Tianjin, Guangzhou and other big cities in 2013.

Couples surveyed for the study, published in Chinese magazine Banyuetan, said the presence of social media in their lives had not brought them closer and in some cases, had made matters worse bringing the relationship to an end.

http://www.telegraph.co.uk/news/worldnews/asia/china/11654006/Social-networks-blamed-for-Chinas-rising-divorce-rate.html

Annie’s Mailbox: Divorce is better than living in misery

"In many cases, a divorce is better for the kids than living in a miserable, unhappy environment with parents who argue and don’t respect each other. Get counseling, with or without him, and figure out what is best for your family."

http://www.observer-reporter.com/article/20150606/LIFESTYLES/150609699

11 Promises to Make to your Kids After Divorce

During divorce, your kids need to be reminded that you'll be there for them, regardless of what happens between you and your ex. From complaints about the new living arrangement to boy problems, you want them to know you've still got it covered.


Huffington Post asked their readers and HuffPost bloggers to share with them

the promises and assurances they made to their kiddos after divorce. Read 11 of the sweetest responses below

http://www.huffingtonpost.com/2015/06/04/promises-to-make-as-parents-after-divorce_n_7506408.html

12 Unexpectedly Wonderful Things About Life After Divorce

"It's hard to get out of bed some days after divorce, let alone map out a future spent on your own. But at some point in the process, you start to realize that you're so much more than your relationship status and that life goes on -- and gets better -- after divorce."

http://www.huffingtonpost.com/2015/06/02/silverlinings-to-divorce_n_7495296.html

A "Divorce Care Package" series on recovery after divorce. This may help inspire you and get you back on your feet!

http://www.huffingtonpost.com/2015/06/03/eggplant-parmigiana-saved-me-post-split_n_7498124.html

What is Community Property anyway?

Community Property concerns the distribution of property acquired by a couple during marriage in the event of the end of the marriage, whether by divorce or death of one of the parties. In community property states, all property accumulated by a husband and wife during their marriage becomes joint property even if it was originally acquired in the name of only one partner.  There are a few exceptions to this rule.  Arizona is a community property state.  This means this logic governs how divorce works in Arizona.

Laws vary among the states that recognize community property; however, the basic idea is that a husband and wife each acquire a one-half interest in what is labeled community property. A determining factor in the classification of a particular asset as community property is the time of acquisition. Community property is ordinarily defined as everything the couple owns that is acquired during the marriage with the exception of separate property owned by either of them individually. Separate property is that property that each individual brings into the marriage, in addition to anything that either spouse acquires by inheritance during the marriage.  There are a few more exceptions that qualify as separate property.  A qualified attorney can explain what those exceptions are.  Please visit Petersen Law Firm PLLC at www.oldpueblofamilylaw.com for a consultation.