Latest news with #Divorce
Irish Times
a day ago
- Politics
- Irish Times
Legal Aid Board warns of delays to divorce and child custody cases due to funding shortage
Divorce, separation and child custody cases under the State's legal aid system could be delayed due to funding issues, the Department of Justice has been warned. Legal Aid Board chief executive Joan Crawford wrote to the department saying the agency was running €1.3 million over budget as it dealt with a vast increase in cases involving asylum seekers. She said the board was struggling with 'staff retention issues and low morale' due to the scale of its workload. Correspondence released under the Freedom of Information Act shows Ms Crawford noting that the board was facing a pay bill this year of at least €33.5 million despite only having an allocation of €32.4 million for pay. Without a budget increase, she said the agency would be forced to immediately cease hiring staff, which would 'render it impossible for [us] to provide the services' required under statute. Ms Crawford said some law centres would be left with no option but to close to new applications while dealing with backlogs. She said this could leave people in some counties without access to a centre and place further pressure on others nearby. She said certain cases would have to be prioritised, meaning those involving divorce, separation, child custody and guardianship could be delayed. The board also said its budget constraints were having a knock-on effect on the courts and judges. 'This is leading to delays in dealing with the conclusion of cases in already difficult situations and where the interests of children are involved.' Ms Crawford said the pressure on staff was leading to staff departures and dissatisfaction from clients. 'As it stands, the board is regularly losing staff with experience and expertise to other State bodies and government departments who can offer better conditions and better working environments with less pressure due to adequate resourcing.' A previous letter to the department, dated June 2024, said one of the biggest drivers in demand was 'the exponential increase' in cases involving asylum seekers. It said the introduction of 'accelerated' processes for dealing with international protection applications had complicated its work, with the board's staffing issues potentially leading to longer stays for applicants and 'costly and lengthy litigation' in the courts.
Yahoo
2 days ago
- Business
- Yahoo
When Selling Your Home in a Divorce, Who Pays Capital Gains Tax?
Divorce is never simple, and that's particularly true when a home is involved. While property division is often hashed out during settlement talks, many divorcing couples don't anticipate the potential tax consequences that can come with selling the marital home. Chief among them is the capital gains tax, which can apply when a home is sold for more than its original purchase price. Luckily, understanding how capital gains exclusions work, how the timing of a sale affects taxes, and who's responsible if one spouse keeps the home can help divorcing couples avoid costly surprises. What the capital gains tax exclusion means—and why timing matters in divorce When you sell your primary home for more than you originally paid, the profit—known as a capital gain on real estate—might be subject to taxes. How much you owe is based on the gain. However, most homeowners qualify for a capital gains exclusion, which can reduce or eliminate the amount they owe. To qualify, though, you must live in the home as your primary residence and have lived in it for at least two of the past five years. Plus, you can claim the exclusion only once every two years. Individuals can exclude up to $250,000. Married couples filing jointly can exclude up to $500,000. In a divorce, the timing of the home sale can make a big difference. Depending on when you sell the home, and who meets the ownership and residency requirements, will determine if and how much of an exclusion you can claim. This is why it's important for divorcing couples to consider their timetables as part of the broader financial strategy. Selling too late could result in a larger tax bill, especially in areas where home values have appreciated significantly. There's been ongoing debate among lawmakers about potential changes to capital gains rules, particularly in response to the housing affordability crisis, so staying informed about tax policy changes is also wise. If the home is sold before the divorce is finalized From a tax perspective, selling the home before your divorce is finalized is often the most efficient route, since married couples can take advantage of the full exclusion amount ($500,000). You just need to file a joint return and meet the other requirements. The IRS does not take divorce pending proceedings into account. What matters is your marital status at the time of the sale. As long as you are legally married when you sell the home, the full exclusion will apply. This can result in substantial tax savings when your home has appreciated significantly in value. While the proceeds from the sale will still need to be divided as part of the divorce settlement, the tax treatment of those proceeds is generally more favorable when the sale happens before the split is official. So whether your divorce is amicable, mediated, or somewhere in between, it's worth having a conversation about timing the sale strategically since selling the home earlier in the process could reduce your joint tax liability—and leave more money on the table for both parties to divide. If the home is sold after the divorce is finalized Once the divorce is final, the couple no longer qualifies for the $500,000 exclusion as a unit. Instead, each spouse may individually qualify for the $250,000 exclusion—but only if they meet the ownership and residence test individually. There are other potential problems when selling postdivorce. One spouse might not qualify if they moved out of the house years before the sale, which might commonly happen when a couple splits up. Another issue arises when the title to the home changes after the divorce. If the home is transferred into the name of one spouse only, and that person sells it later, the entire capital gain might be attributed solely to them (even if both spouses shared in the home's appreciation during their tenure there). That could lead to a much higher tax bill. For example, let's say the home increased in value by $600,000 after it was purchased. If only one spouse is on the title and only that spouse qualifies for the $250,000 exclusion, they could be taxed on the remaining $350,000 in gains—a potentially significant financial hit. If one spouse keeps the house after divorce In this case, the capital gains tax doesn't apply right away since there was no sale. Instead, taxes will come into play down the road whenever the spouse eventually sells. Here's why this matters: Unless the home's cost basis (the original purchase price, plus any major improvements) is adjusted during the divorce settlement, the person who keeps the house inherits the original cost basis. That means if the home increases significantly in value over time, they could be hit with a larger tax bill—especially if they only qualify for the individual rather than the exclusion available to married couples. Another common arrangement is where one spouse keeps the house and the other receives different assets, like retirement accounts or investment portfolios. While this can be a fair exchange at the time of divorce, it might lead to uneven tax consequences later. The spouse who keeps the house could face a larger tax burden in the long run, depending on how much the property appreciates. Because of these complexities, it's wise for divorcing homeowners to consult a CPA or a divorce-focused financial planner before finalizing any agreement involving the home. What seems like a clean trade at the moment could result in a costly surprise down the line if the capital gains on real estate aren't properly accounted for. 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CBS News
6 days ago
- Politics
- CBS News
Pennsylvania bill would change how pet custody is decided in divorce cases
Divorce is a difficult time for partners, especially when it comes to child custody. And for couples who have pets, custody can cause just as many difficulties. Proposed legislation in Harrisburg would help the courts determine the issue. It may sound surprising, but a lot more custody cases aren't dealing with children; they're dealing with pets. A proposed bill would give judges guidelines to make decisions when it doesn't work out at home but someone wants to get the dog and cat. "I can see it. Nobody wants to part with one of their pets. I can see how it would definitely bring out a lot of issues," said dog owner Nathan Holland. Right now, there are no laws on the books to clarify who gets the family pet, but that may all soon change with House Bill 97. "There's no guidelines in the law right now for judges to do anything more with a pet than treat it as chattel, treat it the same way as 'well, we're going to divide up the furniture,'" said Rep. Anita Kulik. The bill's guidelines include: did the animal come into the marriage, who is really responsible for the pet's well-being, who feeds or walks the animal and who takes the animal to the vet? It also factors in who has primary custody of the children, if children are involved. There are exceptions, however, when it comes to certified service animals. Kulik, who spent 30 years as a practicing family law attorney, authored the bill and wants to make it clear. "I think some of my colleagues are worried that this bill is equating pet custody with child custody. That is not my intention, and that would never be my intention. There is nothing as important as our children," Kulik said. This isn't just cats or dogs. If it is seen as a family pet by both parties, the bills' guidelines will apply. The bill is in the House and is expected to go to the House for approval.
Yahoo
14-07-2025
- General
- Yahoo
14 Reasons Your Divorce Does Not Mean Your Marriage Was A Failure
Divorce can feel like a daunting endpoint, but it doesn't have to define the entirety of your marriage. It's easy to label it as a failure, but that perspective overlooks the nuances and complexities of your shared journey. Relationships, like life, are filled with ups and downs, and sometimes concluding a marriage is less about failing and more about evolving. Let's explore why your divorce doesn't necessarily mean your marriage was a failure. People evolve over time, and so do their needs and desires. Sometimes, you and your partner may grow in different directions, and that's perfectly normal. Ending a marriage can be a recognition that you both deserve to pursue paths that align with your current selves. Dr. John Gottman, a leading researcher in relationship psychology, emphasizes that personal growth is a lifelong process, and it's okay if your relationship no longer fits. A divorce can be a natural progression, not a failure to maintain the status quo. Acknowledging the changes in both of you can help you see the marriage as a significant period of growth. It may have been a time filled with shared experiences and learning that have shaped who you are today. The relationship, while it lasted, may have fulfilled its purpose, helping you become more self-aware and aligned with your true self. Accepting that people change allows you to cherish the time you spent together without regret. The ending can be seen as a new beginning, an opportunity to keep growing in different directions. Every relationship brings with it a wealth of experience that contributes to your personal development. Through your marriage, you likely gained insights into what you want and need in a partner and a partnership. These lessons are invaluable and will guide you in future relationships, allowing you to build something even stronger. The understanding of what worked and what didn't can help you establish a clearer vision for your future. Experiencing the dynamic of marriage, including its challenges, shaped you into a more seasoned person. It's an education that no book or theoretical knowledge can provide. You've learned negotiation, compromise, and perhaps most importantly, the art of communication. These skills are transferable and will serve you well in all areas of life. In this way, your marriage was a success, an experience that enriched and prepared you for whatever comes next. Your marriage was one significant part of your life story, but not the whole narrative. Just because it ended doesn't erase the years you spent together or the memories you created. It was a meaningful chapter filled with stories and moments that contributed to who you are now. According to relationship expert Esther Perel, seeing relationships as chapters rather than entire books helps us appreciate their temporary beauty. This perspective allows you to honor the good times without feeling you've failed. Viewing your marriage as a chapter helps you focus on the bigger picture of your life. Each chapter, happy or troubled, brings depth to your life story. As you move forward, you carry the essence of those years with you. The end of this chapter makes room for new beginnings, new chapters that promise fresh adventures. Your life story is still being written, and the possibilities are endless. Love is an evolving emotion that isn't limited to one person or one relationship. Divorce doesn't mean you'll never experience love again or that the love you had was any less real. It's a reminder that love can exist in different forms and contexts. The love you shared had its time and place, and that's worth celebrating. Moving on doesn't erase the love you felt, it simply acknowledges that it has transformed. Understanding that love can take on new shapes allows you to appreciate its fluidity. It comes and goes, changing with circumstances and personal growth. Your capacity to love hasn't diminished with the end of your marriage. Instead, it has expanded, equipped with the wisdom and experience you've gained. This perspective opens your heart to future possibilities, embracing love in its many forms. Divorce can often be a courageous act of self-respect, acknowledging that you deserve more or different. In some cases, it's about understanding your worth and refusing to settle for less. This realization is empowering and can set a positive precedent for future relationships. Dr. Brené Brown, a research professor known for her work on vulnerability and shame, highlights the importance of self-worth in forming healthy relationships. Knowing what you deserve is a powerful step toward building a fulfilling life and future partnerships. Recognizing your worth is a crucial part of personal development. It's an affirmation that you're willing to pursue happiness and well-being, even if that means making difficult choices. This self-awareness sets a standard for the kind of love and respect you seek. It's a commitment to yourself, ensuring that future relationships are built on mutual respect and understanding. Divorce, in this light, can be seen as a step towards a healthier, more fulfilling life. Navigating a marriage, with all its ups and downs, inevitably teaches you resilience. Going through a divorce further tests and strengthens this resilience. It's a testament to your ability to endure, adapt, and thrive, even in challenging circumstances. The strength you gain from weathering such storms is something you carry forward, enhancing your capability to tackle future challenges. It's a reminder that life's hurdles can make you stronger. Resilience isn't just about bouncing back; it's about growing through adversity. Your marriage and subsequent divorce have likely equipped you with tools to handle life's unpredictability. This resilience is a valuable asset, enabling you to face future uncertainties with confidence. It's a testament to your strength and ability to move forward. In this way, your marriage and its end have contributed positively to your personal growth. Going through a divorce can often provide clarity about what you want moving forward. It's an opportunity to reevaluate your priorities and redefine your goals. This newfound clarity is instrumental in shaping a future that aligns with your desires and values. According to a study published in the Journal of Marriage and Family, people often experience personal growth and clarity after divorce, leading to a more satisfying post-divorce life. This clarity is a powerful tool as you chart your path forward. With a clearer vision, you can make decisions that align with your authentic self. This clarity extends to all areas of life, including career, friendships, and future relationships. It's about understanding who you are and what you need to thrive. Your divorce has provided a unique lens through which you can reassess and realign your life's direction. Embracing this clarity allows you to move forward with confidence and purpose. Sometimes, letting go is the most loving thing you can do for both yourself and your partner. Holding onto a relationship that no longer serves you can hinder both of you from finding true happiness. Ending the marriage with compassion and respect acknowledges the love you once shared and the desire for both to thrive separately. It's a compassionate choice that prioritizes well-being over societal expectations. This form of love, though different, is equally valid and profound. Seeing the end as an act of love allows you to part ways with dignity and kindness. It's about acknowledging that your paths are better separate, without diminishing the love that existed. This perspective helps you carry positive feelings into the future, minimizing resentment. It's a recognition that love sometimes means setting each other free. Embracing this mindset allows you to move forward with peace and gratitude. Being in a marriage often entails putting your partner's needs alongside or sometimes ahead of your own. Divorce can be a wake-up call to refocus on yourself and what makes you happy. It's a chance to rediscover your passions and interests that may have taken a backseat. This shift in focus is crucial for personal growth and fulfillment. It's an opportunity to reconnect with yourself, prioritizing your own happiness and well-being. Prioritizing yourself isn't about being selfish; it's about ensuring you're living a life true to your values and desires. This self-prioritization can lead to a more balanced, fulfilling life. It's about finding joy in your own company and pursuing interests that enrich your soul. Divorce can serve as the catalyst for this journey of self-exploration and growth. Embracing it allows you to build a life that's authentically yours. Marriage is a constant exercise in communication, requiring you to express needs, desires, and grievances effectively. Navigating these waters enhances your ability to communicate, a skill that will serve you well beyond the marriage. Divorce often further tests these skills, as you learn to negotiate and express emotions during challenging times. The communication proficiency you've gained is invaluable in all relationships, personal and professional. It's a testament to your growth and adaptability. This ability to communicate effectively is a lifelong skill that improves your interactions with others. Whether resolving conflicts or fostering connections, your enhanced communication skills are an asset. They help you express yourself clearly, fostering understanding and empathy. As you move forward, these skills will enhance your ability to build meaningful and respectful relationships. Your marriage, and its end, have equipped you with this powerful tool for connection. Marriage requires a level of vulnerability, as you open yourself up to another person completely. This exposure can feel daunting, but it's also a profound act of courage. Going through a divorce can intensify this vulnerability, challenging you to face and process a range of emotions. Embracing this aspect of yourself can lead to greater self-awareness and emotional intelligence. It's a reminder that vulnerability is a strength, not a weakness. Accepting vulnerability allows you to connect with others on a deeper level, enhancing intimacy and understanding. It's about being open to experiences and emotions, even the difficult ones. This openness enriches your life, inviting growth and empathy. As you move forward, your comfort with vulnerability will enhance your ability to form genuine connections. It's a testament to your courage and willingness to embrace life's complexities. Your marriage, regardless of how it ended, was filled with moments and memories that contributed to your life's story. These experiences are a testament to the time you shared and the love you felt. They are part of your personal history, shaping who you are today. Acknowledging these memories allows you to cherish and learn from them. They are a reminder that the marriage had its beautiful moments worth remembering. These memories are a mosaic of your shared life, filled with laughter, joy, and growth. They are not erased by the divorce, but rather, they exist as a testament to the journey you took together. Embracing these memories allows you to look back with fondness, appreciating the love and connection you experienced. They are a part of you, contributing to your narrative and personal development. This perspective helps you honor the past while moving forward. Marriage and divorce can be profound teachers, revealing what truly matters to you in life and relationships. They help you sift through societal expectations to discover your own values and priorities. This clarity can guide your future choices, ensuring they align with your authentic self. It's about understanding what brings you joy and fulfillment, both in relationships and in life. Divorce can be a pivotal moment of self-discovery, leading to a more intentional life. This understanding allows you to focus on what truly adds value to your life. It's a guidepost for decision-making, ensuring your actions reflect your core beliefs and desires. As you move forward, this clarity will help you build a life that resonates with who you are. It's about living intentionally, embracing the values that matter most to you. Your marriage and its conclusion have been instrumental in this journey of discovery. Closing the chapter on a marriage isn't the end; it's a stepping stone towards new beginnings. The strength and resilience you've gained prepare you for future adventures and opportunities. It's a chance to embark on a new journey with the wisdom and experience you've acquired. This resilience is a testament to your ability to navigate life's challenges with grace and determination. It's about embracing the unknown with hope and optimism. Every ending is a new beginning, offering a fresh start filled with potential. Your resilience equips you to face the future with confidence, ready to embrace whatever comes your way. As you turn the page, you carry the lessons and experiences from your marriage with you. They are a part of your story, contributing to your growth and readiness for what lies ahead. Embracing this perspective allows you to move forward with courage and excitement for new possibilities.
IOL News
10-07-2025
- Entertainment
- IOL News
Roses and rumours: French Montana and Dubai Princess turn heads at Paris Fashion Week
French Montana and Sheikha Mahra have ignited romance rumours after being photographed holding hands in Paris. Image: X American rapper French Montana, whose real name is Karim Kharbouch, was spotted with the Princess of Dubai, Sheikha Mahra, during Paris Fashion Week, fuelling romantic speculations. It appears that the rapper and Mahra have debuted their romance publicly as they made their first official appearance as a couple during this prestigious fashion affair, as they were spotted together walking hand-in-hand with Mahra holding a rose. In another picture, the pair was photographed sitting together as the 'Unforgettable' rapper washed his hands in a restaurant. Despite being spotted together publicly numerous times during Paris Fashion Week, the couple seem to be keeping things private for now. More pictures of French Montana and the Dubai heiress that were shared with the public. Image: X However, the 31-year-old made an Instagram highlight on her official account and titled it 'Paris' with a white heart and shared photos of the Eiffel Tower, luxurious dinners, and holding a lock alongside another hand, which appears to be of a man with a red heart placed over it. A screenshot of Sheikha Mahra's Instagram story that she recently shared which shows her holding a lock alongside another hand, that is believed to be that of French Montana's. Image: Instagram Stories Mahra's relationship with the rapper comes after she divorced her husband shortly after she welcomed her baby girl in May 2024, and announced the separation on Instagram, sharing that it was due to infidelity issues. In addition, the Dubai royal decided to turn the breakup into financial gain as she launched a perfume brand, 'Mahra M1', and named the first fragrance that she launched 'Divorce.' Montana recently appeared on an interview, 'On Sited with Rah Ali', where Ali asked the rapper if there is a special lady in his life. He replied: 'I'll skip that one, I just want to keep my private life, my private life. I feel like every time it hits the media, it goes down to sh*t after that.' Besides being known for his music, the 40-year-old hitmaker is also known for his notorious dating life. In the past, he used to date Khloe Kardashian, Evelyn Lozada, Iggy Azalea and Amber Rose, among others. All his past relationships were very public; however, it seems like this time around, Montana wants to keep things under wraps.
