Concerned About How Your Children are Coping? Here is a Valuable Resource!

By Robert "Chip" Mues   |   April 10th, 2010

I am constantly scouring the web to find valuable information to post here. I was pleased to recently find an excellent website geared towards children’s issues. Kids’ Turn Central was a new find for me, but probably not for many parents and teachers. Wendy Hogan has cleverly integrated a plethora of diverse material, games and activities that are fun, safe and educational for children, including some cool “clipart”, into the website. She launched Kids’ Turn Central in September of 2001.

The page that I wanted to bring to your attention lists numerous books, child rights organizations, and other resources focused on children of divorce. With Wendy’s permission, below is a sample of its content. It is worth your time to check her website out thoroughly! I’ll bet that you will find material that will be both beneficial and fun, too!

It’s a fact. Every year millions of kids must go through parents divorcing.… View Full Article → “Concerned About How Your Children are Coping? Here is a Valuable Resource!”

The Nuts and Bolts of Real Estate “Short Sales”

By Joseph E. Balmer   |   April 3rd, 2010

Recent estimates indicate that possibly more than twenty-five percent of all homeowners are upside-down on their home mortgages, meaning that they owe more on their home loan or loans than the fair market value of the residence.  This makes it virtually impossible to sell at a private sale.  When a couple goes through a divorce or dissolution and needs to divide the assets including such a home, what are they to do?  One answer is to walk away from the house, which will lead to foreclosure litigation and a crippled credit rating.  Another possible answer is to complete a “short sale”.

A “short sale” is when a lender agrees to the sale of a property by the owner for less than the amount owed to the lender.  It means that the lender is willing to accept less than the amount owed.  Except for those lenders who are participants in the Home Affordable Foreclosure Alternatives Program (HAFA), the lender may or may not pursue the difference against the borrower.… View Full Article → “The Nuts and Bolts of Real Estate “Short Sales””

Adjustment Tips: Do You Have a Child Living in Two Homes?

By Guest Contributor Donna F. Ferber, LPC, LADC   |   March 27th, 2010

Through the divorce process, children deal with many changes. One of the most significant adjustments children have to make is living in two homes. Even if a child visits one parent for a few hours a week, the child should feel at home there. This helps foster connection with the non-custodial parent and helps the child to recognize that the non-custodial parent didn’t “divorce” him/her. Issues of abandonment and rejection are paramount for children of all ages, although the young ones can’t express it and the older ones either won’t or they “act out.” Creating a sense of belonging in both homes assists the child in making a healthy transition. Many children actually enjoy having two homes because they get special attention; often have two birthday parties and two sets of Christmas or Chanukah gifts.

Here are some tips to help children adjust:

  • The child should have her own room. If this isn’t possible, she should have her own space in a room – her own dresser drawer, a toy bin, some shelves.
… View Full Article → “Adjustment Tips: Do You Have a Child Living in Two Homes?”

In Camera Interviews of Children in Divorce Court

By Anne Shale   |   March 20th, 2010

What is an in camera interview? The phrase “in camera” is a Latin term defined in Black’s Law Dictionary as: “In chambers; in private.”  The interview does not involve a camera or a videotape at all!  If a party is asking for the Court to have an in camera interview of a minor child, the request is for the Judge or Magistrate to interview the minor child privately with neither parent or his/her attorney being present.  An Appellate Court in Michigan said it very well years ago . . .

“A child custody determination is much more difficult and subtle than an arithmetical computation of factors.  It is one of the most demanding undertakings of a trial judge, one in which he must not only listen to what is said to him and observe all that happens before him, but a task requiring him to discern and feel the climate and chemistry of the relationships between children and parents.  … View Full Article → “In Camera Interviews of Children in Divorce Court”

Marital Consequences of the Repeal of Federal Estate Tax

By Joseph E. Balmer   |   March 13th, 2010

To the surprise of everyone in the estate planning community, Congress failed to address a critical estate and generation-skipping tax matter before the end of 2009, resulting in the repeal of the federal estate tax.  However, this repeal is for 2010 only.  In 2011, the exclusion for federal estate tax reverts back to $1,000,000.  How is this possible, and what effect does it have on couples’ estate plans, particularly second marriages?

Since 2001, the federal estate tax has been gradually phasing out, with an increasing exclusion from federal estate tax each year.  In 2009, the exclusion increased to $3,500,000. In 2010 however, the federal estate tax disappears, only to return in 2011 with only a $1,000,000 exclusion.  To further complicate things, although the federal estate tax disappears in 2010, the unlimited step-up in basis for inherited assets also disappears; and a decedent’s estate is permitted to increase the basis of assets by only up to a total of $1.3 million with an additional $3 million if there is a surviving spouse.  … View Full Article → “Marital Consequences of the Repeal of Federal Estate Tax”

What is The Purpose of the Ohio Putative Father Registry?

By Shawn P. Hooks   |   March 6th, 2010

Lately, it seems that I have had more and more of my male clients coming in to see me to discuss issues relating to paternity.  There are so many myths out there about what needs to happen to establish paternity and the possible outcomes of failing to do so, that it never ceases to amaze me!  Perhaps the most serious outcome that many people are unaware of is that a “putative” father can have his child adopted out to someone else without his consent if the appropriate action has not been taken.

In Ohio, a person is presumed to know that if he has had sexual relations with a woman and she becomes pregnant that the child may be adopted without the father’s consent once the child is more than a month old.  As a way to counteract this result, the Ohio State legislature mandated the creation of the Ohio Putative Father Registry.  … View Full Article → “What is The Purpose of the Ohio Putative Father Registry?”

The New Economics of Marriage: More Men Marrying Wealthier Women

By Robert "Chip" Mues   |   February 27th, 2010

In a recent analysis of census data, the Pew Research Center found that the institution of marriage has undergone significant changes in recent decades as women have outpaced men in education and earnings growth. The study examined American’s 30 to 44 years old, a stage of life when typical adults have completed their education, have gone to work and gotten married. “Men now are increasingly likely to marry wives with more education and income than they have, and the reverse is true for women,” said Paul Fucito, spokesman for the Pew Center. “In recent decades, with the rise of well-paid working wives, the economic gains of marriage have been a greater benefit for men.” Clearly, these unequal gains have been accompanied by gender role reversals in both the spousal characteristics and the economic benefits of marriage.

I personally enjoy reviewing statistics. For those that don’t, be sure at least to read my conclusion at the end of this piece, especially if you are a woman contemplating entering into a marriage.… View Full Article → “The New Economics of Marriage: More Men Marrying Wealthier Women”

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