Goldman Law Offices

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August 2018 Archives

A closer look at alimony and the new tax reforms

A recent tax reform has drastically altered how alimony is figured into one's taxes, and these major overhauls are going to impact divorcees throughout Pennsylvania and the rest of the country. Many couples are now racing to complete their divorces before the new tax laws officially go on the books. Those who wait to get divorced may end up losing benefits and owe more money to the IRS at the end of the year.

Roundabouts in Pennsylvania could save lives and money

Replacing stop signs and traffic lights with roundabouts at busy intersections in Pennsylvania and around the country could save countless lives each year according to road safety experts. Roundabouts, which are sometimes referred to as traffic circles, could also greatly reduce emergency services costs, according to road safety experts. The reason roundabouts can deliver these safety and cost saving benefits is because they slow down rather than stop traffic.

Retirement funds can be a major factor in divorce

For many exes in Pennsylvania, divorce can lead to major complications in retirement planning. Because retirement funds are often among the largest assets held by a married couple, the effect of splitting them in a divorce settlement can be significant. Exes may need to escalate their savings plans in order to restore their funds, especially as the cost of retirement continues to rise. A divorce can have significant, long-term effects on financial planning even beyond the immediate results of property division.

Study looks at newly licensed teen drivers

Teenage drivers in Pennsylvania may be more likely to cause crashes during their first three months of being licensed. According to a study by the National Institutes of Health and Virginia Tech, the risk of a teen getting in an accident or near-miss collision is eight times greater in their first three months of having a license than in their last three months of driving with a parent.

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Goldman Law Offices

90 E. State Street
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