Why Isn’t Child Support Tax Deductible or Pre-Tax?

Dear Esq., Thank you for reading my e-mail. You are the one I was hoping to contact and get some insight on an issue that has me quite perplexed. The issue is “Child Support”. It is based on gross income and then age of children and number of children. Right? Well then a dollar amount […]

Is His 401k Community Property?

Dear Esq, My husband and I have been married for 21 years. We live in California, and I am considering a divorce. Is his 401K considered community property? What about our separate IRA accounts? Wondering — Dear Wondering, California is indeed a community property state. Generally speaking, anything acquired during the marriage is considered to […]