Tax Aspects of Divorce in Oregon

The following is intended to address some of the oft-asked aspects relating to tax issues during or after a divorce. As a disclaimer, nothing in this entry is meant to provide legal advice to your particular situation. There are unique circumstances in every divorce, and the tax consequences may vary from case to case. A. Alimony (or spousal support): As…

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Administrative Law Child Support Hearings

Parties with minor children can petition the State of Oregon to modify child support payments every three years, or anytime there is a “substantial change of circumstance”. ORS 25. 020 (8)(b)(B). A substantial change of circumstances typically means one of the parties experienced an increase or decrease in gross income, or there is a significant change in the parenting time…

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The Ins and Outs of a Prenuptial Agreement

Obtaining a prenuptial agreement can be one of the best financial decisions someone makes in their entire lifetime. A valid prenuptial agreement can protect virtually any asset. The following is a partial list of assets that a prenuptial can protect: 1. Equity in real property 2. Retirement accounts 3. Brokerage accounts 4. Future or present inheritances. Once again, this is…

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