Featured News 2013 A Fresh Start for the New Year: January Divorces

A Fresh Start for the New Year: January Divorces

January is considered divorce month. This is because after the holidays, many individuals decide that it is time to get a fresh start and don't want to repeat a year of heartbreak that they experienced with a frustrating spouse in 2013. For many, divorce is the completion of a new years' resolution. When families have kids, they often want to let them enjoy the holidays without the cloud of divorce looming over the festivities. Because of this, many spouses wait to file until after the Christmas celebrations.

Yet once Christmas is over, it is an optimal time to launch in with a divorce. Many attorneys say that they see business boom in January. In fact, so many people file for divorce during this time of the year that it has been termed "divorce month." One attorney says that it is common for people to want to begin the new year with a new beginning.

Another very common reason for divorce in January is because of Christmas bonuses. Divorces aren't always cheap, and to hire a reliable and helpful attorney it will take a little bit of money on hand. Many people can't budget a divorce into their monthly payments, but they can afford to file once they receive a Christmas bonus at the office. Thousands of Americans file for divorces paying with their Christmas bonus money every year so that they do not have to dip into personal savings or shift around the budget for the month in order to accommodate this necessity.

Also, it may be easier to gather some of your spouse's Christmas bonus if you file in January. In some states, you can clarify that the income is martial property if you wait until the New Year. For example, in the state of New Jersey, the couple ceases to accrue marital property when the divorce petition is filed. This means that everything before that, including your spouse's significant bonus, is subject to property distribution and that you will be able to take a slice of that check. As well, you may be able to benefit from any of the Christmas gifts that you received jointly if you file after the holidays. Any financial expenses that you accrued during this time will also be divided.

People file for divorce during January in order to accommodate for the new tax year as well. Divorce carries an abundance of tax implications. While divorcing in January means that you will have to probably file jointly for taxes for the upcoming year, you will have plenty of time to rearrange your taxes for the next year. Some couples can complete their divorce in one year, making it possible for them to prepare their taxes for next year by filing differently.

Getting divorce can be a difficult process, which is why so many people will put it off for months. With a reliable divorce attorney on your side, you may be capable of getting the assistance that you need in your case. Don't hesitate to call an attorney near you today to get started and take advantage of the divorce benefits that are offered by filing in January. You can use this directory to locate a divorce attorney or a family lawyer nearest you to help you negotiate through any complications with your case or to help you ascertain who will receive child custody and who will pay alimony or support. If you are stuck in a loveless marriage, don't hesitate to make divorce your new years' resolution and get the freedom that you desire!

Related News:

Equitable Distribution of Property FAQ

The process of filing for a divorce can be long and tedious, especially when it comes to determining who gets what. In some cases you and your spouse are ending on good terms, and working through the ...
Read More »

Rights of Unwed Fathers

In today's society, more and more children are being born out of wedlock and this raises questions about a father's parental rights. If you are an unmarried father, you may be wondering about ...
Read More »

The Financial Side of Divorce: What You Should Tell Your Lawyer

Credibility is essential to any court trial. A judge wants to hear your honest answers to his questions, so that he can make the best decision regarding your case. Fabricating information, concealing ...
Read More »