May
18

Tax Benefit

There are multiple tax benefits associated with parenting including the minor child tax dependency exemption (dependency exemption), the child tax credit, head of household status, child and dependent care tax credit, the earned income tax credit, and benefits associated with Health Savings Accounts.

When the parents of a child are together and filing taxes jointly, the parties do not have to think about who is entitled to the tax benefits of claiming the minor child or children. However, when couples divorce, who claims the child or children for tax proposes can become a source of...

Oct
12

Recognition of Parentage: Simple Form with Serious Outcomes

When a child is born in Minnesota to an unmarried mother, the mother automatically has sole legal and sole physical custody of that child under Minn. Stat. § 257.541.  When this happens, many parents sign a Recognition of Parentage, or ROP, form so that the baby’s birth certificate will have both parents listed. This is a form that is frequently signed at the hospital and is then submitted to the Minnesota Office of Vital Statistics. The ROP can be signed at any time, however, no matter how old the child is. Signing the ROP is easy to do, but doing so can cause significant...