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How Do Divorcing Parents Typically Divide Up Who Claims Kids On Taxes?

Question: How do divorcing parents typically divide up who claims kids on taxes? Answer: There is no specific rule on how the child tax credits are dictated. This depends heavily on the circumstances and any agreements the parents might have. Typically it is by agreement. If the parties cannot agree, then the issue would be …

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Can Funds Be Legally Withdrawn From A Joint Account After Divorce?

Question: Can funds be legally withdrawn from a joint account after divorce? Answer: The most important part of this inquiry is what your Final Judgment or Marital Settlement Agreement says about this account in particular. It would be best to review those two documents to figure out exactly what should have happened with this account …

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