Monthly Archives: August 2021
2021 Child Tax Credit (Advance Payment): A Guide For Divorced Or Separated Parents
On March 11th, 2021, the American Rescue Plan was signed into law by President Joe Biden. Among other things, the bill expands and makes “advanceable” the child tax credit. In effect, this means that parents with children under 17 years of age and younger will receive monthly payments from July of 2021 until December… Read More »
Two Reasons Why The Texas Alimony Laws Are Unique
Marriage is a partnership. During the course of a marriage, a couple’s finances inevitably become intertwined. In a divorce, marital assets must be divided in accordance with the Texas community property laws. In some cases, the financially disadvantaged spouse may also be entitled to receive alimony (support/maintenance) payments from their former partner. Spousal support… Read More »
