Family Law Software Training
Master the art of financial insight, for those simpler cases with guidance from a long-time user of Family Law Software, the premier tool for managing the financial issues of divorce cases. Rosemary Frank can explain financial concepts, and how to appropriately apply them, to both you and your staff. She has had expert training from the software co-creator, Dan Caine, has taken numerous advanced training courses for users, and most importantly, has used it extensively for over 14 years. In the process, Rosemary has been instrumental in contributing to the think tank for software improvements.
Gain the negotiating edge in divorce cases with the power of information and concise illustrations of settlement issues. Family Law Software addresses and assists with resolving the financial issues of divorce including assets and liabilities, income and expenses, division of marital property, separate property, alimony, child support, tax issues, and more. The system easily facilitates the illustration of alternative settlement scenarios, trade-offs, what-if scenarios, net after-tax values of proposed settlements, buyout values and years-forward projections for each of the parties.
Call our office today to discuss your needs. 615-595-6850.
Rosemary Frank Financial, LLC and Family Law Software, Inc. are not related entities.
©2016 Rosemary Frank Financial, LLC Educational purposes only. No financial, legal or tax advice provided
05/21/2018Dependent Children and Tax Benefits
The conversation regarding which parent should claim the children as dependents has changed dramatically since the recent tax reform, effective January 2018, eliminated the personal exemption. Yes, that $4,050 (in 2017) tax exemption per child is gone. Parents will not even get that exemption for themselves. This is causing extensive confusion among attorneys and clients alike. The Parenting Plan template has not been revised to reflect this and still contains an entire section dedicated to which...
12/28/2017Tax Reform Effects Upon divorce
The most significant tax reform in thirty years was signed into law December 22. With barely a week to understand how it impacts all open and future divorce cases, it became effective January 1, 2018, unless otherwise noted. Many of the provisions have sunset dates, upon which rules will revert to pre-2018, unless extended. Alimony, beginning January 1, 2019, will not be tax deductible for payer, nor taxable to the recipient. Modified orders, after that same effective date, will adhere to the...
11/09/2017Tax Overhaul Targets Alimony
Content of the Tax Cuts and Jobs Act (TCJA) was revealed last week and, as it now stands, alimony discussions will change dramatically. If approved in its current state, on this issue, going forward as of January 1, 2018, no alimony will be tax deductible for the payer, nor taxable to the recipient. This includes all alimony modifications made after January 1. All standing alimony orders will retain their current tax status for payer and recipient. The TCJA is the most sweeping tax reform proposed...