Men and women alike utilize divorce finance. Divorce Finance gives the non-moneyed spouse a level playing field. Thereby enabling clients to pay for qualified attorney and other experts, so they can achieve their best results. A simple one-page application is filled out. Once the application is submitted typically will be in contact with the client’s […]
Financial Issues
Is it a better financial decision to take my divorce settlement money in a lump sum?
I am expecting to receive some money from my divorce settlement. Is it better to get it in a lump sum or over time?
Hiding Money From My Spouse During Divorce: Can A Lawyer Help?
Thinking about hiding money during divorce from your spouse? Want to know if a lawyer can help? Disclosing the asset might just be in your better interest.
How should I proceed if I’m not sure I can afford to keep the house?
I am Filing for a Divorce and I would like to Keep the House for Me and My Children. But I Am Not Sure if I can Afford it. What Should I do?
If my husband reports lower income than he earns, how can I ensure I’m paid my fair share?
My husband and I are getting a divorce and I’m worried that I won’t get the amount of spousal support I’m entitled to because my husband has always reported lower income for tax purposes than he typically earns. How can I ensure I’m paid my fair share?
Can I make my spouse sign a joint tax return if we divorce?
Tanya Helfand, a family lawyer in Whippany, answers: While a divorce case is pending and the parties are still married, if it makes financial sense to file a joint tax return to save money, the parties should do so. The Court has the power to compel parties to file a joint return or issue a […]
Do you think a do-it-yourself online divorce will work for us?
My spouse and I have been married for seven years. We have two children. He has a business, I have a dental practice, plus we own two properties. Do you think a do-it-yourself online divorce will work for us?
Can I safeguard my credit score throughout our divorce?
Mary Elias is a Certified Management Accountant (CMA) and a Certified Divorce Financial Analyst™ (CDFA™), in West Palm Beach, answers: If you are going through a divorce, you should immediately begin taking steps to protect your credit score. Your financial future depends on a good credit rating. Here are some tips for handling your finances […]
Will divorce impact my income taxes?
Loretta Hutchinson, a Certified Divorce Financial AnalystTM with offices in Florida, answers: Your income taxes can be affected in many different ways by your divorce. Some examples (using Florida tax rules) might be: Alimony payments are deductible by the paying spouse, but not child support. If you are the receiving spouse, spousal support payments are […]
What is a financial affidavit and why is it relevant to my divorce?
Bryan J. Koslow, MBA, CFP®, CDFATM, in Red Bank, NJ, answers: The Financial Affidavit is a comprehensive list of all assets, liabilities, income, and expenses for both parties. It contains all relevant case information including the date of the marriage, children’s names, issues in dispute, and the date of separation. Each spouse typically completes his […]
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