Nelson Law Group PC

Are Child Support Payments Calculated Based on the Expense of Raising a Child?

It is natural to have a litany of questions when going through a divorce. For instance, consider child support payments. Most divorcing parents understand that these are court-ordered payments made by one spouse to the other to help care for and support their children. They cover food, shelter, school fees, clothes, transportation, certain educational costs,

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Corporate Transparency Act: BOI Filings Face Legal Pushback

 In July, our team of attorneys published an article about a new corporate reporting requirement from the Financial Crimes Enforcement Network (FinCEN) that took effect on Jan. 1, 2024. Commonly referred to as the Corporate Transparency Act, the new regulations mandated various business types to complete an additional beneficial ownership filing or face penalties, which

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Estate Planning: Beneficiary vs. Contingent Beneficiary

When you want to pass your assets and other belongings onto someone else after you die, you choose a beneficiary. Most people automatically list their spouse, children, or sibling, while others might include a charity or nonprofit. This is an essential piece of estate planning, and congratulations if you already made those selections. But please

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