by Frank Flanagan | Rhode Island Divorce, Rhode Island Law Blog
Generally, premarital property which was owned by one spouse prior to the marriage may not be assigned or awarded, in whole or in part, to the other spouse in a divorce. However, any income derived from the subject property may be subject to division. Likewise,...
by Frank Flanagan | Rhode Island Divorce, Rhode Island Law Blog
Rhode Island Alimony is viewed as a rehabilitative tool intended to provide temporary support and is based on need. It is the specific facts of each case which determine what is “rehabilitation” for the individual awarded alimony. Among the factors a Court...
by Frank Flanagan | Rhode Island Divorce, Rhode Island Law Blog
The old cliches regarding death and taxes get modified when you add alimony to the equation. Tax Form 1040 requires alimony payments to be declared if the individual making the payment is seeking a deduction. Generally, if you are paying taxes and alimony, your...
by Frank Flanagan | Rhode Island Divorce, Rhode Island Law Blog
Divorce is an emotional upheaval as well as a financial challenge. Stay focused on achieving your financial goals in your Rhode Island divorce and avoid some of the common divorce mistakes and pitfalls that can happen along the way. Focus on primary issues. Do not get...
by Frank Flanagan | Rhode Island Divorce, Rhode Island Law Blog
In a May 2012 post, the Wall Street Journal actually asked “Does Facebook Wreck Marriages?” The article quoted a British legal services firm that claimed more than a third of UK divorce filings contained the word Facebook. Likewise cited was the statistic...