Collaborative Law Institute Blog – Family Law Attorneys & Professionals
Should I get Divorced During the Covid-19 Pandemic?
Unbundling in a Collaborative World: Working to get the Best of Both Worlds
Marriage Story, Really?!
There has been some buzz about the new film on Netflix called Marriage Story about a couple, Charlie and Nicole, with a son, Henry, going through divorce. I decided to watch it since this is my area of practice...
Avoid Tax Surprises – Adjust your W-4!
It’s important for divorcees to review and adjust their W-4 payroll withholding or start to make quarterly tax estimates following their divorce. Often, they are so relieved to have reached settlement, they fail to think about these housekeeping items....
Notable 2019 Contribution Limits
As we move into 2019, it’s helpful to know contribution limits and Social Security changes. Individual Retirement Accounts: The annual contribution limits for traditional and Roth IRA’s have increased to $6,000, a boost of $500 over 2018 contribution...
Wouldn’t You Rather Divorce in a Conference Room Than a Courtroom
Wouldn’t it be great if families could complete their divorce in a conference room rather than a courtroom? That’s the thinking behind the Collaborative Process and what makes the Collaborative Law Institute of Minnesota so helpful to divorce professionals...
Tax Planning – Bonuses Gone Bad!
It is important to review and discuss tax planning for the year in which a divorce was completed, especially for high earning individuals who receive incentive compensation and plan to be divorced by December 31, 2018. As part of...
3 Life Insights from the Jeff and MacKenzie Bezos Divorce
One of the reasons that divorce is such a challenging life transition is its public nature. A couple might keep their problems private as they try to work through them. But if a rift opens that can’t be mended,...
Splitting Investment Income on Tax Returns
When a joint investment account is divided, the financial institute will use only one Social Security number to report the earnings and thus only one 1099 will be issued for that account. For example, following their divorce, Dick and...
Holiday Presence
Who would ever ask for a two month supply of elevated cortisol and high anxiety in their Christmas stocking! Yet for many, the holiday season adds to rather than relieves stress as parents feel obliged to layer Hallmark fantasies...
