How should I enter vehicle (car, truck) expenses in the software?
There are a number of ways to enter vehicles into the software, depending on the situation. Asset side: Personal Items. Most people will want to enter the current market value of the car, or an average value, as a Personal Item on the screen where you enter assets and debts. Payment side: On the payment […]
How can I change the description or label of an expense item?
1. On the screen where you enter expenses, click the party’s name at the top of the screen. This will show the expense of just that party. 2. Scroll down to the item you want to rename, and click “more info.” 3. You will see the label, with an option to overwrite it. Note that […]
How can I change the order (sequence) in which assets are listed?
You can change the sequence in which assets and debts are listed. If there is more than one item in an asset group, then, next to the name of the group, you will see a button, as illustrated below: Click that button, and a dialog box will pop up that allows you to change the […]
How do I enter a business buyout note?
Here are the steps to take to enter a business buyout, where assets or income of the business itself are being used to buy out a party: 1. On the “more info” screen for the business, scroll down to the section on business buy-out. There are two yes/no questions. The first question asks if there […]
How do I enter separate property?
On the “more info” screen for the asset, you will see a section for entering separate property. You will be able to specify that the asset is entirely separate property of one party or the other, or partially separate, as shown below.
How do I enter IRA and 401(k) contributions?
Enter IRA and 401(k) contributions on the more info screen for the IRA/401k asset. (In the Cloud, click the green 3-dots button.)
How can I enter an expense that ends at a future date, such as child care, or when children leave the home, or expenses for a home that is being sold?
There are expenses that you know will end at a time in the future. These include childcare, and also expenses that will end when a child leaves the home or becomes emancipated. Go to the line where you enter the expense, and click more info (the green 3-dots button in the Cloud software). On the […]
What do you think about the prohibition against “double dipping?”
“Double dipping” is the notion that one should not use the same asset both for property division and for child and spousal support. Most typically this concept arises in situations where one party wants to use the income from the same asset for both property division and alimony/support. This usually comes up in the context […]
How can I use the software as a general financial planning tool?
Many people have told us that the software is so good that they would like to use it for general financial planning. With some minor juggling, it is possible to do this. To use the software for planning outside of the divorce context, do the following: That’s it! The software’s reports will now reflect the […]
I am getting a different result than other software, or than opposing attorney or someone else using Family Law Software.
There are situations that can arise where you and another party both enter what you believe to be the same numbers into Family Law Software and get different outcomes. The same thing can happen where the other party is using a different software for child support and you enter what you believe to be the […]