Category Archives: Finances and Divorce

February 3, 2019

Tax Planning – Bonuses Gone Bad!

It is important to review and discuss tax planning for the year in which a divorce was completed, especially for high earning individuals who receive incentive compensation and plan to be divorced by December 31, 2018. As part of the Continue reading…

January 20, 2019

Splitting Investment Income on Tax Returns

When a joint investment account is divided, the financial institute will use only one Social Security number to report the earnings and thus only one 1099 will be issued for that account. For example, following their divorce, Dick and Jane Continue reading…

June 1, 2018

Top Tips to help you Thrive Financially

Your divorce is over. It’s time to start sorting through all the things you need to do, to get your financial life in order.  Here are just a few tips to help you thrive financially, as you move into this Continue reading…

January 6, 2018

The House Decision

Divorce has a way of completely upsetting one’s expectations for the future.  One day things are moving along just fine, and the next you are making decisions that will impact the rest of your life.  One of the big decisions Continue reading…

June 19, 2017

Considerations on the Cost of Divorce Part I

So, You Are Getting Divorced: Considerations on the Cost of Legal and Professional Services Part I In this two part series, I will address the Challenges in accurately estimating legal and professional fees in Part I, and will offer thoughts Continue reading…

June 12, 2017

How to Avoid the Divortex – Part 2

In Part 1, vortex was defined as: 1) a whirling mass of water or air that sucks everything near it towards its center; 2) a place or situation regarded as drawing into its center all that it surrounds, and hence, Continue reading…

January 20, 2017

Should I Stay or Should I Go? The Tax Impact of Selling Your Home During Divorce.

 When divorcing, whether one spouse stays in the family home is often a pivotal decision.  For most, there are several considerations that go into deciding whether to sell or stay.  The tax impact of selling the marital home is unlikely Continue reading…

September 20, 2016

Cooking for One

You may find cooking a daunting enough task as it is, but cooking for just one can be downright grueling, and can often lead to unhealthy eating. If you find yourself undereating, forgetting to eat, going through the drive thru, Continue reading…

August 1, 2016

Divorce Blog about Divorce Blogs

While researching for this post, I came across a number of divorce-related blogs.  The blog medium provides an efficient and concise opportunity to share information and educate the public.  This blog focuses on the collaborative process — where clients commit Continue reading…

May 16, 2016

Single Parents Often Walk a Financial Tightrope

Being a single parent demands so much of a person’s time and energy that taking care of longer-term financial concerns often take a back seat. So many single parents face financial restrictions that make it seem they are constantly on Continue reading…