{"id":28785,"date":"2022-12-28T14:18:55","date_gmt":"2022-12-28T14:18:55","guid":{"rendered":"https:\/\/divorcestories.info\/2022\/12\/28\/postponing-a-divorce-until-the-new-year-has-advantages\/"},"modified":"2022-12-28T14:18:55","modified_gmt":"2022-12-28T14:18:55","slug":"postponing-a-divorce-until-the-new-year-has-advantages","status":"publish","type":"post","link":"https:\/\/divorcestories.info\/2022\/12\/28\/postponing-a-divorce-until-the-new-year-has-advantages\/","title":{"rendered":"Postponing a Divorce Until The New Year Has Advantages"},"content":{"rendered":"
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When a couple decides to divorce, the spouses typically want to resolve the matter as quickly and painlessly as possible. However, there may be financial advantages to staying married through the end of the calendar year.<\/p>\n
Two important considerations \u2013 tax liability and insurance coverage<\/a> \u2013 should help guide your decision-making.<\/p>\n Tax liability is a major factor when negotiating a divorce settlement<\/a>. Couples filing tax returns are generally better off using the Married Filing Jointly status, which only applies when the couple remains married on December 31 of that tax year. Filing individually may result in greater tax obligations.<\/p>\n If one spouse is the primary wage earner, the differential between filing jointly or individually may be significant enough to put off filing the couple\u2019s divorce settlement agreement with the court. The terms of the divorce can be settled in advance and finalized later, assuming the couple can come to an amicable settlement.<\/a><\/p>\nAvoiding Higher Tax Liability<\/h3>\n
Maintaining Health Insurance Coverage<\/h3>\n