Category Archives: Taxes and Divorce

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…

August 12, 2015

5 Considerations for Divorce

Because divorce is generally considered to be the second most stressful life experience, only behind the death of someone close, it is important to find professionals you can trust to help you through difficult times. Here are five considerations to Continue reading…

May 8, 2015

Getting Unmarried and Taxes

Getting unmarried and taxes can become a consideration in terms of whether to have a divorce final by year-end or final after January 1. I have worked on a number of divorce cases where this very topic deserved a thorough Continue reading…

January 22, 2015

Changing Your Name Following Divorce

There are few things that distinguish a new phase in life more than changing one’s name. However, one has to do a thorough job of informing the “world” of this change – such as identity providers, business relationships, friends and Continue reading…

December 10, 2014

Divorce and Taxes

This time of year, it is often important to consider the tax implications of filing for divorce. In both federal and state taxes in Minnesota, you cannot file jointly if you are divorced before the end of the year. If Continue reading…

October 29, 2014

4 Common Divorce Mistakes

1. Forcing Your Kids to Take Sides The last thing a parent wants to do during a divorce is to cause more pain for the children. Divorce is a painful time during which many negative emotions can arise, including anger, fear, Continue reading…

September 30, 2014

Collaborative Divorce: Saving You More than Just Money

Potential divorce clients often ask, how much does a collaborative divorce cost? Great question, it differs with each case and is dependent on clients and their level of conflict regardless of process. The more conflict a couple brings to any Continue reading…

August 18, 2014

Getting Unmarried; Money, Divorce, and Financial Neutrals Part II of II

In Part I of Getting Unmarried, Money and Divorce, I talked about the two financial pillars of any divorce. The first being the balance sheet that lists every single asset and liability. The second being forward looking cash flow and Continue reading…

June 16, 2014

“What’s Fair?” May Not Be The Best Question In Divorce

I often hear from my divorce clients, “I just want what’s fair.”  Who can argue with this? However, when we are in conflict, it’s common to see our own ideas as “fair” and the other’s ideas as “unfair.” In a Continue reading…

May 20, 2014

Plan for Tax Changes During and After Your Divorce

During and after a divorce, tax matters take on new importance since your financial circumstances have probably changed, as has your filing status. If you were in charge of tax returns during your marriage — and especially if you were Continue reading…