The decision to end a marriage is never an easy one to make. Even though people struggle with whether to seek a divorce, the events that follow the decision can vary greatly for couples in New Hampshire and across the country. Unfortunately, a couple in another state appears to be set for contentious proceedings.
The media has been buzzing with the recent legislative attempts to pass a sweeping tax plan. Now that it has passed, many people in New Hampshire and across the country are considering how the changes will impact them. It could have a significant impact on couples who are seeking divorce, as it changes how spousal support is taxed.
Like other New Hampshire residents involved in a divorce, you may struggle to keep track of all the issues that you need to address. Some of those issues include property division, child custody and support. As you work through these issues, there is another aspect to each that you may want to consider -- taxes.
Fairy tales would have us believe that all couples get married and live happily ever after. Unfortunately, reality often looks a little different. Children in New Hampshire are often born to parents who never intended to be in a long-term relationship, or serious relationships crumble after children are born. Both scenarios can leave parents struggling to agree upon a child custody arrangement.
In a marriage, one spouse often makes less than the other. In some cases, this is the result of a deliberate decision while in others it may be simply a matter of career choices. Regardless of the reason, a person may need his or her spouse's Social Security payments to make ends meet after retirement. The decision to divorce could have some people in New Hampshire questioning how they will pay their bills.