Tag Archives: money and divorce

April 4, 2016

Making Cash Flow, Flow Positively

One of the challenges of divorce is separating income that used to be joint income, along with separating into two households versus one. This is a recipe for cash flow drain for most couples.  All of the sudden the same 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…

March 8, 2016

Unemployed and Divorcing: Make it a Win-Win

Categories: Divorce

When one spouse in a divorce has been unemployed for an extended period, it can often be a frightening situation for that particular spouse.  It can also be frightening to the other spouse.  This fear shared from opposite perspectives can Continue reading…

February 23, 2016

Keeping an Eye on Your Credit: During & After Divorce

Divorce is not fun for anyone nor is it a financially savvy thing to go through. You are splitting up what you own and what you owe to others. This often includes unpaid credit card balances and loans. What can 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 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…