John Faggio

Five Critical Factors to Consider Before Sigining a Divorce Agreement

Divorcing individuals spend thousands of dollars each year in legal fees while negotiating their divorce agreement. Many times, the end result is that one or the other spouse is left impoverished or at least not able to maintain the same standard of living they had prior to the divorce. According to Divorce Magazine, in the year 2000, 45% of divorced women... (posted by John 2 years 128 days ago.)

Divorce Settlements – Five Common Mistakes You Must Avoid To Obtain a Positive Result

Negotiating your separation agreement can be one of the most trying, costly, and long-lasting events in your lifetime. Just like our transition to colder weather, a change in attitude and mindset can enhance your chances of a faster and financially positive divorce settlement. To be better informed and able to make the tough decisions that come along in the process... (posted by John 2 years 168 days ago.)

Divorce Settlement Agreements – Six Tax Breaks That Divorcing Individuals Need To Know About Now

Divorce settlement agreements specify who will be claiming the dependency exemption, and that exemption can be released in future years. Some tax breaks, for example the Child Care Credit, belong to the custodial parent even if that parent releases the exemption to the noncustodial parent. But what about other tax benefits that may be attributed to the... (posted by John 2 years 177 days ago.)