Category Archives: Taxes and Divorce

April 13, 2016

Getting Help Following Divorce, Part 2 – How to choose a Financial Planner

Determining who is best qualified to help you reach your financial goals, understanding what they can do for you, and getting clarity on how they get paid for their services may be a challenge if this is all new to Continue reading…

March 15, 2016

Getting Help After Divorce, Part 1 – How Does Financial Planning Work?

Once you have completed your divorce, the list of things to figure out can be daunting. It can be easy to push off those things that don’t seem to affect your daily routine.  Some of those things that you have Continue reading…

December 8, 2015

Tax Tips: Divorce and Name Changes; 5 Action Steps

Being in the tax season moment, my next few blogs will address some common tax issues and implications resulting from divorce. The first issue/implication I will write about are name changes. It is quite common for a spouse going through Continue reading…

December 1, 2015

How Long Should You Keep Important Documents and Records?

It will really help your efforts to organize your financial affairs if you know how long you need to keep statements or documents. A survey by Consumer Reports showed that only 40% of respondents thought that they could find a Continue reading…

November 30, 2015

Tax Tips: 5 Things to Know About the Child Tax Credit

The child tax credit may save you money if you have a qualified child.  Here are the top five things to know about this credit as it relates to divorce: Depending upon your tax filing status and your income you Continue reading…

November 25, 2015

Estate Planning After Divorce

As part of organizing your financial affairs following a divorce, you should also make preparations for your financial affairs after your death. Planning your estate is an essential part of getting one’s financial matters in order at any point in Continue reading…

November 23, 2015

Cost Basis: What Is It? Why Does It Matter?

As another tax season comes to a close, there are people all over the country digging through shoe boxes and file cabinets trying to meet their tax accountants’ request for cost basis information on an investment they sold last year. Continue reading…

October 13, 2015

Gray Divorce: Special Issues

Couples who divorce later in life can have unique issues to those who divorce earlier in life. It is no surprise that the numbers of gray divorces are increasing – after all, we have an aging population, so there are Continue reading…

September 21, 2015

The Collaborative “Team”: The Role of the Financial Neutral

1The Financial Neutral often plays an invaluable role for the divorcing couple. Usually a Certified Financial Planner, and often also someone with the additional certification of Certified Divorce Financial Analyst, the Financial Neutral also has training specifically in the collaborative Continue reading…

August 28, 2015

Getting Unmarried: 5 Tips for Managing the Cost Of Divorce

Your divorce, regardless of process will not be free. While a free divorce is impossible you can self manage many of the costs of your divorce. In my work as a financial neutral working with couples and individuals going through Continue reading…