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June 2018 Archives

Hiring former inmates is mutually beneficial

For most released inmates, the prison bars extend to cover the front doors of any job they seek. According to a recent article, 640,000 people are released from prisons across the U.S. each year and only one third find employment within the first year. As research shows, employment goes a long way to prevent recidivism. Furthermore, those employed shortly after release have even better odds.

The role of genetics in divorce

The odds that a Nebraska resident gets a divorce could be influenced by genetics. This is the conclusion of a study conducted by the American Association of Psychology. The study looked at 20,000 children and compared their rate of divorce with their biological and adoptive parents. It found that 20 percent of children divorced if their biological parents had also ended a marriage.

Retirement planning and grey divorce

Recent changes to the tax code may affect the way people get divorced, at least until 2025. Under the old law, a higher-earning Nebraska spouse might use alimony as a way to keep more of the marital assets while ensuring their former spouse has the money they need to survive. However, the changes that go into effect at the beginning of 2019 make alimony a less attractive option. Since the person who pays spousal support will no longer be able to deduct the money they pay when they file their income tax return at the end of the year, they may use creative strategies to divide the marital wealth without impacting either spouse's retirement savings.