Many California couples who are going through the divorce process will have to decide what to do with the family home. Because of its value, the family home is often a source of contention during a divorce settlement.
Many high-net-worth individuals in California and around the country have taken an interest in cryptocurrencies in recent years due to their surging values and the ease with which they can be transferred overseas. Alternative currencies like Bitcoin are also an increasingly thorny issue in divorce cases. This is because cryptocurrencies have become a popular way for divorcing spouses to hide their assets, and placing a value on these highly volatile holdings can be challenging even when they have not been concealed.
California parents who are divorced or separated may want to take advantage of the tax benefits that come with claiming their children as dependents on tax returns. However, they should be aware that if multiple taxpayers claim the same individual as a dependent, complications are likely to arise.
There's no denying the fact that parents in California have good reason to be concerned about their kids when it comes to certain aspects of technology. However, a new study suggests social media and texting may actually be beneficial for children looking to stay connected with their parents following a divorce. In order to come to their conclusions, researchers evaluated data from a select group of divorced parents with pre-teen and teen children.