Divorce and Family Law Attorneys

50 Northcrest Drive, Council Bluffs, Iowa 51503

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News & Resources

Author: Shannon Simpson

ARTICLE 2 – NEW TAX LAW IMPACT ON MARITAL HOME DEDUCTIONS

By Jan 14, 2019 Posted in Articles

Who will get the marital home is always an area of contention in divorce proceedings.  And paying for the home is also a large consideration.  Sometimes, the tax credits received from retaining the home comes into play in determining whether either party will retain it.  In prior years, mortgage interest and property taxes were deductions available to the parties during the marriage.  Beginning in 2019, the tax laws will change and reduce the deductibility of […]

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DO YOU KNOW HOW THE NEW TAX LAWS IMPACT YOUR DIVORCE?  IT IS TIME TO LEARN NOW!  

By Dec 4, 2018 Posted in Articles

ARTICLE 1 – NEW TAX LAW IMPACT ON ALIMONY On January 1, 2019, many new tax laws will go into effect.  These laws will have a direct impact on divorcing couples.  There appears to be four (4) major areas where the tax laws will change which every divorcing person needs to be aware of before moving forward with their divorce proceedings.  These changes are to alimony, the marital home, child related tax credits and prenuptial/post-nuptial […]

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THE REVISED IOWA CHILD SUPPORT GUIDELINES…WHAT YOU SHOULD KNOW! PART III – HOW ARE HEALTH INSURANCE PREMIUMS AFFECTED BY THE NEW GUIDELINES?

By Jul 31, 2018 Posted in Articles

Health insurance is an important part of determining a child support obligation in the state of Iowa under the child support guidelines. It is, therefore, essential to determine who will carry the insurance, and how the cost regarding the health insurance will be allocated. You must further understand if the health insurance coverage is a state sponsored plan, such as hawk-I, or a private health insurance plan, to ensure that the proper child support calculation […]

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The REVISED Iowa Child Support Guidelines…What you should know! Part II – What are “child care expenses” under the new Guidelines?

By Apr 10, 2018 Posted in Articles

The drafters of the revised child support guidelines felt it was necessary to more completely define actual child care expenses in the Revised Iowa Child Support Guidelines.  They did so in Rule 9.11A.  First, the drafters defined what are “child care expenses” by saying that this term means expenses for the children in the pending case that are reasonably necessary for the parent to work, attend school or training activities, or conduct a job search.  […]

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The REVISED Iowa Child Support Guidelines…What you should know! Part I – What is Income?

By Mar 2, 2018 Posted in Articles

So what is “income” for child support purposes?  The drafters of the revised Iowa Child Support Guidelines have attempted to make sure that the definition of what is considered income is better defined. Rule 9.5 of the Iowa Child Support Guidelines states that gross monthly income is defined as, “reasonably expected income from all sources”. Recently, the Iowa Child Support Guidelines changed to reflect that income now includes traditional or rehabilitative spousal support (alimony) payments […]

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Join us for our upcoming Blog Series – The REVISED Iowa Child Support Guidelines..What you should know!

By Feb 14, 2018 Posted in Articles

    Over the next several weeks we will be highlighting the recent changes to the Iowa Child Support Guidelines in our five part blog series –  The REVISED Iowa Child Support Guideline – What you should Know!.  We will be highlighting such areas as:   How “income” is now defined, including what is considered “income” for child support purposes; What are “child care expenses”, how are they defined according to the child support guidelines, […]

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Property in your Divorce: Part V – Remember one key point: One asset can have more than one property type classification.

By Dec 31, 2017 Posted in Articles

In the last several weeks we have learned about the various classifications of property in your divorce—premarital property, gifts and inheritance and marital property.  It is important for any person going through a divorce to understand that the courts can view one asset as having more than one classification. For example, a house can be purchased before marriage by one party (premarital) but it had a loan on it when the parties married. During the […]

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Property in your Divorce: Part IV Marital Property: What property are we dividing?

By Dec 22, 2017 Posted in Articles

The Iowa law provides that the property of the marriage will be equitably divided in your divorce.  That means that any property you bought, or acquired, during the course of the marriage will most likely be divided in the divorce proceeding.  What does “equitable” mean?  Equitable division is what would be fair in your particular divorce proceeding, not necessarily equal.  For a better understanding of what property will be considered marital property that can be […]

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Property in your Divorce:  Part III -How are gifts and inheritance treated?  Usually, they go to the person that received them. Unless…

By Dec 8, 2017 Posted in Articles

  The Iowa law says that gifts and inheritance that a divorcing spouse received before or during the course of the marriage are the separate property of the person who received them and will be treated as his/her separate property.  That would mean that they are not part of the “marital assets” that can be divided in the divorce case.  There is, however, an exception to this rule that the courts have the ability to […]

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Property in your Divorce: Part II Premarital Property – “I had it before I married you so it is mine!”..Maybe not.

By Nov 24, 2017 Posted in Articles

A common misconception for most people going through a divorce is that if they owned a piece of property, or asset, before they married their partner that it is theirs.  That may, or may not, be the case.  The Iowa law states that premarital property “may” be given back to the person who owned it prior to the marriage.  The word “may” gives the courts the ability to determine if it will give the property […]

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50 Northcrest Drive, Council Bluffs, Iowa 51503
Phone: 712.256.9899

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