After parents in Georgia get a divorce, one may be able to claim head of household and claim a tax credit for their child. However, determining how this is done can be confusing.
Georgia parents who are getting a divorce can help their children adjust by disrupting their routine as little as possible. If the kids are going back and forth between households, parents can agree on a set of rules and consequences. A child should be allowed to stay in the same school if possible. Relationships with family members, such as cousins, can sometimes be a casualty in divorce, and parents should help children maintain those connections. They also shouldn't argue in front of their children.
The family home is usually the most valuable asset that a divorcing couple owns. Therefore, deciding whether or not it should be sold is often a contentious issue during property division negotiations. Spouses in Georgia may choose to give up their rights to ownership of the family residence by signing a quitclaim deed, but doing so sometimes leads to even more acrimonious legal battles in the future.
Separating a shared house, children, bank accounts and pets is challenging enough. If you’ve got your own business, a divorce can take a huge piece of it.
Addressing the division of assets in a divorce can be a contentious issue. However, before Georgia couples agree to any terms regarding how their assets are to be split, it is important that they first consider the tax ramifications of their decisions.
Roughly 20 percent of children are being raised by an extended family member who is an immigrant, according to a new report. In many cases, aunts, uncles and grandparents are raising children in Georgia because their parents were deported. Therefore, they may face the challenge of raising a minor who is emotionally scarred. They may also face the challenge of raising a child with inadequate financial and other resources.