Changes in filing status can affect eligibility for certain tax deductions and credits. Consulting with a tax professional can help navigate these changes and optimize tax outcomes.

Legal separation can also have tax implications. Couples should be aware of changes in their filing status, as they may need to file as “single” or “head[...]

Employer Benefits may terminate for legally separated spouse. It’s essential to review employer policies, as some companies may not cover a legally separated spouse. In such cases,[...]

One of the lesser-known financial implications of legal separation is the effect on health insurance and other benefits. Many couples stay legally separated rather than divorce to[...]

Custody arrangements can significantly impact the financial situation of both parents. Shared custody may require adjustments to living arrangements and expenses, whereas sole custody usually involves child[...]

Legal separation also involves decisions regarding child support and custody. The financial responsibility for children typically falls on both parents, and the court will establish a child[...]