Tag Archives: money and divorce

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 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…

November 18, 2015

Keeping More of Your Money in the Family: Choose Your Attorney Wisely

Categories: Divorce

After choosing your process wisely, discussed in my two previous blogs part 1 and part II, the next step is to choose your attorney wisely. I believe this is something to approach with significant thought about your goals, careful consideration Continue reading…

November 17, 2015

What is a QDRO?

For many, a significant portion of their post-divorce assets consist of a part of their former spouse’s company-sponsored retirement account. In order to split a company retirement account, the plan administrator of the pension, 401(k), 403(b) or other company retirement Continue reading…

November 11, 2015

Keeping More of Your Money in Your Family: 5 Quick Financial Tips

5 quick Divorce financial tips: These five are only a starting point. Plan your cash flow and spending carefully.  Do not over exaggerate.  You and your spouse only have so much income between the two of you.  Unless you can Continue reading…

October 28, 2015

Keeping Your Money in Your Family: Part II

In part I of keep more of your money in your family; choosing your process wisely I wrote about the well known traditional litigated court based divorce process and mediation. In this issue, I will cover Collaborative Divorce. Collaborative divorce Continue reading…

October 20, 2015

Keeping Your Money in Your Family: Part I

Getting married sometimes can be expensive if you let it. Getting unmarried can be even more expensive if you and or your spouse allows it to get that way. In divorce, emotions are high and often contribute to higher levels Continue reading…

September 12, 2015

Getting Unmarried: A Thorny Divorce Financial Issue

Allocating assets and liabilities between spouses is one of the financial pillars in any divorce. In my work as a financial neutral and also when working on behalf of an individual in a divorce the subject of credit card debt Continue reading…

September 4, 2015

5 Things to Consider About Prenuptial Agreements

So, here is another one of those 3, 5, 7, 8, etc. things/reasons to do/not do something. In thinking about this blog I actually found an article called 5 Realities About Prenuptial Agreements – Why Having One May Be a Continue reading…