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Tax Bill Would Repeal Income Tax Rules for Alimony Payments

By Donna Hung Law Group |

Amidst all the concerns of divorce, the tax consequences of property settlements and the payment of alimony are not commonly on a spouse’s radar. Property settlements can result in significant tax liability if not correctly structured, thereby reducing the real value of the acquired assets. When it comes to alimony, the party who pays… Read More »

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DivDecree

Figuring Out How to Divide Credit Card Debt during Divorce

By Donna Hung Law Group |

One of the hardest parts of any divorce is settling which spouse should be responsible for debt. Some financial obligations are easier to address, such as the marital home, which can be sold if necessary to get rid of a large mortgage, but other obligations, credit card debt especially, can lead to heated disputes…. Read More »

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CouplePhone

Opening a Spouse’s Mail or Email during Divorce – Is this a Good Idea?

By Donna Hung Law Group |

The circumstances leading up to a divorce are often long-festering and painful issues that come to a head after years of build-up. Once the decision to divorce is made and communicated, lingering resentment, possibly withheld to keep the peace, is likely to come out as each spouse adjusts to the new reality. Feelings of… Read More »

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Property Division in Divorce

By Donna Hung Law Group |

Figuring out finances after divorce is one of the most challenging parts of this life transition. Couples often spend years building up assets and financial security, but this arrangement no longer applies once the marriage ends. Determining how to divide property in a divorce is a crucial matter, and one that is prone to… Read More »

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CoupleArgue

Basics of a Florida Divorce

By Donna Hung Law Group |

When someone takes the final step and decides to file for divorce, he/she frequently wants to start the process as soon as possible so the transition to the next stage of life can begin. Wanting to get a running start on initiating the legalities of divorce is understandable given how painful and difficult this… Read More »

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