For Georgia spouses that are discussing divorce, the approaching Tax Day is a reminder not only of the importance of assembling documentation of finances and other assets, but also of timeliness. Timing, in particular, is an issue which at least one member of a divorcing couple might overlook. Either spouse can initiate a divorce under Georgia law, and there may be a financial incentive for filing first.
Real estate can be a stumbling block for many divorcing Atlanta couples. For some, a house may represent a joint creative effort, the culmination of years of planning and saving. With so much work invested in a home, such individuals may be reluctant to part with it.
Georgia readers have undoubtedly heard about some of the deadlock members of Congress are expressing over budgeting and tax issues. Fears about a fiscal cliff are some of the sound bites that have become all too familiar in recent months.