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October 2018 Archives

Why prenuptial agreements can be useful

When people in California plan on getting married, they may not want to think about prenuptial agreements. In general, prenups have a bad reputation; people think of greedy celebrity divorces or other legal dramas. In other cases, people feel that it's bad luck to plan for divorce before the wedding even takes place. However, there's a lot more to prenuptial agreements than their image in pop culture, and they can be an excellent and important choice for many couples.

Personality traits that could lead to divorce

California couples may be more likely to get a divorce if they have certain tendencies or characteristics. For example, some people catastrophize small incidents and file for divorce over minor issues only to turn around and withdraw the filing later. This can strain the relationship. Overvaluing material things can also be an issue, particularly in marriages where wives earn more than their husbands but believe that men should be providers in accord with traditional gender roles.

Tax law may increase cost of divorce

People in California who are considering divorce might want to examine how the Tax Cuts and Jobs Act that passed in 2017 will affect their finances. For example, alternating exemptions for children with IRS form 8332 will no longer be possible. Instead, divorced parents who have only one child will have to decide who can claim the head of household exemption.

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