Anchorage Family Law Blog For Men

Reasons to leave a financial adviser when a marriage ends

Getting a divorce in Alaska may mean getting a separate financial adviser as well. This is partially because it is important to be as independent as possible during the divorce process. It is also because there could be conflicts of interest if one spouse has a stronger relationship with the former couple's current financial adviser. An attorney may be able to suggest an adviser to work with, and ideally, an individual will receive at least two names.

A financial adviser will generally be able to help a person answer questions such as whether the house is worth keeping. Furthermore, this type of adviser can help a divorcing individual determine if he or she needs to go back to work or learn how to create an investment portfolio. However, this is not the only professional who should be part of a divorce team.

How to cope and then succeed as a dad after divorce

If you are about to begin your divorce process, one of the main worries you can have is with custody and how much time you will be spending with your kids. The good news for dads is that even though history has shown that moms have typically received more custody time than dads, that statistic is changing. The courts are recognizing that both the mother and the father should be granted the same amount of time when raising the children.

It has become increasingly accepted that shared parental duties will create a healthier and more fulfilling upbringing for the children. Once a divorce is finalized, you are not a part-time parent. Your amount of physical time may be changed with your children, but the emotional bonds you create as the father should still stay strong.

Joint custody is often the right decision

Divorced fathers in Alaska and throughout the country typically want to have custody rights to their children. This can be a good idea no matter how old a child is. Shared parenting often results in children who have stronger relationships with their parents and peers. They also tend to have fewer emotional or behavioral problems as well. Children who grow up with both parents having custody also tend to be more positive about life in general.

When a mother or father is given limited visitation rights to a child, it can have a negative impact on the parent as well as the child. The noncustodial parent may believe that he or she is no longer important to the child or plays an important role in that child's upbringing. In some cases, it can be emotionally painful for a parent to see a child so infrequently.

Tips for fathers seeking child custody

Fathers in Alaska who are hoping to maintain positive relationships with their children may wonder what is involved in the custody process. First, it's important to understand the different types of custody. Some people may think of custody as being about which parent a child lives with. While that is known as physical custody, there is also legal custody, and this determines which parent is able to make major decisions about the child's life.

One parent could have full custody, or custody may be shared. While parents might not share physical custody, they could share legal custody. However, even if one parent has full custody, that doesn't mean the other parent won't get to spend time with the child. That parent usually still has visitation rights.

Parallel parenting and child custody

Child custody arrangements in Alaska can take several forms. Sole custody is rare, but a court will order it if it's in the child's best interests. In most cases, however, some level of joint custody will be ordered. The court's decision when ordering joint custody often comes down to the ability and willingness of the parents to co-parent their children. Co-parenting is heavily dependent on quality communication and respect between the parents. If the parents can't work with one another, a parallel parenting situation may develop.

Parallel parenting is a structure in which the parents each want relationships with the children but don't get along well enough to co-parent. In such an arrangement, the parents remain connected with the kids but they disengage from one another. Furthermore, each parent should endeavor not to interfere with the other's relationship with the kids. In order to make a parallel parenting arrangement work, the parents should address potential conflicts, make a plan and practice mutual respect.

Tax tips for going through a divorce

Married couples who are separating in Alaska should be aware that tax laws regarding alimony will change for divorce agreements that are completed after the end of 2018. Starting on Jan. 1, 2019, alimony will no longer be tax-deductible for payers or tax-payable for recipients. Experts say that this is likely to mean less money for both parties.

Some couples are dealing with this by trying to finalize divorce agreements before the end of the year. Those who are taking this route should know exactly what they and their spouse will need in the property division process. While the agreement can be drawn up quickly, it is also possible to modify it later if either person decides they are unhappy.

Could your Active Duty status hurt your chances for custody?

If you are currently fighting for custody, your active duty status could affect your case.

Although a servicemember is always prepared, it is difficult to predict the outcomes of a child custody hearing much less when you may be called to duty. If you are concerned that your Active Duty status could work against you, you should know your legal rights.

Divorce and dividing assets

Couples in Alaska who are getting a divorce should understand how dividing certain types of assets will affect them tax-wise. For example, many spouses do not pursue their share of other assets in order to retain ownership of the family home. However, because of changes in the tax law, it could more expensive than they thought to own the home.

According to the tax law, individuals can only deduct $10,000 a year in local and state taxes. This means that homeowners will have increased taxes if they reside in states that have high property taxes. People getting a divorce should also be aware that the interest in home equity loans and home equity lines of credit can no longer be deducted if they do not use the funds in order to purchase, construct or substantially enhance the home. If the home equity line is used for some other reason, such as paying off credit card bills, the interest cannot be deducted.

Child custody orders and visitation

Parents in Alaska who want to spend more time with their children may need to petition a court for more visitation. If visitation has been denied by the court or by a custodial parent, there are several things that non-custodial parents can do.

It is rare for courts to deny a biological parent all visitation. In some cases, a parent may be denied visitation if the court believes that they pose a threat to a child's mental or emotional well-being. Most of the time a parent can request a modification of an order suspending visitation after completing requirements imposed by a court such as drug testing, parenting classes or anger management.

Advantages of joint custody

Many parents in Alaska are not thrilled when they find out that they are expected by the family court to share custody of their kids. However, splitting physical custody can be the most ideal arrangement for not only the children but also the parents.

Both parents will be responsible for disciplining the children. This means that the parents will have to collaborate with one another and support each other regarding the creation and enforcement of house rules. Being able to depend on the other parent when it comes to discipline can be particularly helpful as the children grow older and are tempted to discover how far they can test authority.

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