If you or your spouse have an ownership interest in a business, that ownership interest may be considered a marital asset subject to division in your divorce. As with any asset, the first question issue that must be determined is whether (or what portion) of the business interest is martial. If the business ownership interest…
Generally, tax returns, paystubs, and traditional wages are the easiest way to determine one’s income for purposes of child support and/or alimony. However, not all spouses earn income this traditional way. Non-traditional earnings, including dividends from income investments, passive income, retained earnings in a closely-held corporation (if excessive or inappropriate), Social Security benefits, as well…
Alternative forms of compensation, such as employee stock options are complex and present challenges in a divorce. An employee stock option is the right of an employee to buy a specific number of shares of stock in the employer-corporation at a specific price (strike price, grant price, or exercise price) at a specified time in…
Undoubtedly, a big life change, such as a divorce can cause emotional distress. Unfortunately, a stigma regarding mental health support still exists. Many parents worry that seeking professional help may make them appear unstable or be used against them in a custody proceeding. However, if you are seeing a therapist, acknowledge yourself for getting the…
We know there is stress and confusion regarding the start of school this year for families in Nebraska. What may be adding stress to some divorced parents is the decision to send their children to public school or whether to enroll them in private school depending upon each schools’ coronavirus precaution and procedures. The Nebraska…
50% capacity. Phase 4 of re-opening. Such phrases have become all too common to us over the past 5 months as our country continues to open, and re-close due to COVID-19. The past 5 months have also provided their share of hardship and new beginnings for domestic violence survivors who had no other option but…
As our state begins to re-open for business, we all have our own definition of what it means to have “survived” the past 2 months. For some, it meant being both a daycare provider and full-time employee working from home. For others, it meant losing their job and scrambling to make ends meet until their…
“Social Distancing,” “6-feet apart,” “remote learning.” By now, after barely a month since the world we came to know changed, such terms have become so widely used that they need no further explanation. And, in practicing them, we’ve all become a little more familiar with the concept of a “break.” A break for employees having…
Timing of Stimulus Checks The IRS has just announced that a significant disbursement of CARES Act stimulus checks will be paid starting the week of April 12, 2020. This round of payments will include over 80 million Americans, including nearly all 2018 and 2019 tax filers who utilized direct deposit for refunds from the IRS….
Co-parenting and divorce are difficult issues for families to navigate, and they haven’t become any easier during the current economic times and COVID-19 pandemic. On March 27th, 2020, Congress passed, and the President signed into law, the Coronavirus Aid, Relief and Economic Security (CARES) Act. It is an immense law (247 pages in length) that…
