Category Archives: Divorce

February 18, 2019

Notable 2019 Contribution Limits

Categories: Money and FinancesTaxes

As we move into 2019, it’s helpful to know contribution limits and Social Security changes. Individual Retirement Accounts: The annual contribution limits for traditional and Roth IRA’s have increased to $6,000, a boost of $500 over 2018 contribution limits. The catch-up Continue reading…

February 10, 2019

Wouldn’t You Rather Divorce in a Conference Room Than a Courtroom

Categories: Collaborative LawDivorce

Wouldn’t it be great if families could complete their divorce in a conference room rather than a courtroom? That’s the thinking behind the Collaborative Process and what makes the Collaborative Law Institute of Minnesota so helpful to divorce professionals and Continue reading…

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 27, 2019

3 Life Insights from the Jeff and MacKenzie Bezos Divorce

One of the reasons that divorce is such a challenging life transition is its public nature. A couple might keep their problems private as they try to work through them. But if a rift opens that can’t be mended, 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…

October 22, 2018

Health Insurance Season

Categories: Money and Finances

It’s that time of year again, when the trees become bare and days grow short, that one’s thoughts turn to health insurance. That’s right, the open enrollment window for renewing your existing health insurance plan or shopping for a new plan Continue reading…

August 18, 2018

Reduced Fee Divorce – For Couples Who Want a Respectful, Collaborative Divorce

Categories: Collaborative LawDivorce

If you want a respectful, affordable and uncontested divorce without breaking the bank, you’ll want to consider a Collaborative Divorce. Do you have a reasonable level of trust and ability to work together with your spous if you have the Continue reading…

July 15, 2018

How Can a Mortgage Professional Help With Divorce?

It goes without saying, but I’ll say it anyway…divorces are complicated! There are many questions that an experienced mortgage professional can help answer before you finalize your divorce. For example: Can one of us afford the family home or do Continue reading…

June 30, 2018

Negotiating Better Outcomes in Divorce

Categories: Divorce

Understanding the difference between interests and positions could make all of the difference in helping you negotiate a better outcome in your divorce. Position-Based Bargaining: Most people have a tendency to negotiate by arguing in favor of their positions. In Continue reading…

June 15, 2018

Uncontested Divorce: Should We do it Ourselves?

Have you ever wondered about how to do something that felt daunting but maybe not super complicated (baking a perfect soufflé, building a patio, learning to golf) and decided to follow the advice to “Just look on YouTube!”  So you Continue reading…