As a financial advisor, I do a lot of networking – casually meeting people at various events and learning about who they are and what they do, while also sharing my own experiences. When I explain that I specialize in financial planning for individuals who are going through a divorce, most often I see a […]
Divorce Settlement
4 Common Divorce Regrets – and How to Avoid Them
While a divorce can greatly affect you emotionally, it can also impact you financially. As you go through the divorce process, remember that the decisions you make now will have long-term effects on your future. As a Certified Divorce Financial Analyst (CDFA), I’ve seen people make numerous mistakes as they went through a divorce, especially when […]
Dissipation of Assets in Divorce: What You Need to Know
Divorce is a time of great distrust of between spouses. Such distrust is most likely at the root of the many possible reasons for the divorce. If money seems to be disappearing, either during the marriage or since the initiation of the divorce, it is possible that there is spending that qualifies as dissipation. What […]
Structuring Tax-Free Property Settlements Between Divorcing Spouses
Utilizing Section 1041 of the Internal Revenue Code, divorcing spouses can achieve tax-free property settlements. Read on to learn more.
What to Do with the Family Home: 3 Options to Consider
Some people think the house is the trophy. Most likely it will prove to be the booby prize. Financially, it can become a rock around your neck. How so? Think about it: When you bought that house, your household income was double, or more, of what it will be in the future. That house was […]
The Importance of Financial Disclosure in Divorce
As is often the case in divorce, one spouse may not have a complete knowledge of the marital financial situation. Before productive settlement discussions can occur, both parties must be on the same page and have full financial disclosure regarding all the property and debt they acquired during the marriage. Agreeing to a property settlement […]
Where Can I Ask a Family Lawyer Questions for Free?
It shouldn’t be a surprise that getting involved in a divorce, separation, or other legal matter can quickly become an expensive issue, especially when there is a lot of disagreement and distance between the parties involved. This is because resolving disputes and protecting the interests of all parties involved requires an extensive amount of legal […]
5 Benefits of Addressing Your Divorce Issues Now Versus Later
While you may want to avoid the pain, effort, and cost of a complete divorce settlement — the benefits of addressing divorce issues now can help you later.
5 Questions to Ask Yourself Before Choosing a Do-It-Yourself Divorce
Many are tempted by a do-it-yourself divorce so they can save on costs. Here are 5 questions couples should ask themselves before taking that risky step.
5 Ways to Financially Prepare for Divorce
Financial issues will dominate the discussion of your divorce settlement. Therefore, it makes sense to financially prepare for divorce. You are preparing not only for the actual expenses related to the divorce process, but also for the major financial adjustments that will follow. (For those of you who were looking for ways to hide assets, […]
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