John

About John Faggio

John Faggio is the managing director of Faggio Financial, LLC (www.divorce-finances.com), Maryland's only exclusive matrimonial finance practice. John is a CPA, a Certified Financial Planner® Professional, and a Certified Divorce Financial Analyst (CDFA®).

Critical Divorce and Real Estate Issues

Can Have Spouses Seeing Red The majority of future divorcing couples will undoubtedly own some kind of real estate - a family home, vacation property, rental properties, etc. and the odds are that this property will be most valuable asset that the couple will haggle over. A divorce financial advisor can be of immense help [...]

By |2017-07-27T10:51:32-04:00December 18th, 2014|Marital Property|Comments Off on Critical Divorce and Real Estate Issues

Divorce Financial Planner Using Graphics to Settle Cases

Certified Divorce Financial Analysts™ (CDFA) have a unique and effective  "tool" to help individuals understand the potential financial impact that a settlement offer can have on their future finances. If used properly, introducing charts and graphics into settlement discussions can focus all parties on the bigger picture, separate fact from fiction, and make it [...]

By |2017-08-04T10:04:45-04:00October 21st, 2014|Divorce Filing Status, Divorce Financial Planning, Divorce Settlement Agreements, Financial Divorce Analyst, Income Taxes, Marital Property, Maryland Property Settlements|Comments Off on Divorce Financial Planner Using Graphics to Settle Cases

Divorce with a Financial Divorce Analyst™ is a no-brainer

Many times, Divorce Mediation can be the most cost-effective, lowest conflict, process of all of the divorce settlement options. Currently, the majority of divorce mediators are either mental health practitioners or attorneys who help couples make decisions regarding the legal, child custody, and financial issues of the divorce settlement. Certified Divorce Financial Analysts (CDFA™) [...]

By |2017-07-31T09:48:22-04:00June 3rd, 2014|Budgets, Costs of Divorce, Divorce Financial Planning, Divorce Negotiations, Financial Divorce Analyst, Marital Property, Mediation|Comments Off on Divorce with a Financial Divorce Analyst™ is a no-brainer

When Financial Divorce Tactics Trump Sound Financial Planning

There are times when a CDFA’s financial recommendations fly straight in the face of sound financial planning strategies. Since 2008, there have been a few cases where the Divorce Financial Planner has apologized to divorcing spouses, “I know you came to me help you get divorced, but we have to address financial survival first.” [...]

By |2017-07-30T00:23:57-04:00May 16th, 2014|Business Assets and Divorce, Divorce Financial Planning, Financial Divorce Analyst, Retirement Funds|Comments Off on When Financial Divorce Tactics Trump Sound Financial Planning

Divorce and Income Taxes – How to minimize taxes and avoid pitfalls

Divorce and income taxes - many times, these two issues become so intertwined that they become the "garden hose" of the negotiations, preventing settlement and paying for your attorney's children's education. If you were physically separated or divorced in 2013, there are several critical tax issues that you will need to address when filing [...]

By |2017-08-04T08:12:59-04:00March 31st, 2014|Tax Exemptions|Comments Off on Divorce and Income Taxes – How to minimize taxes and avoid pitfalls

Divorce Financial Planning is Critical
to Federal Employees and Their Spouses

Divorce Financial Planning is a must for most Federal Employees going through the divorce process. Faced with similar divorce financial and tax issues that others experience, these employees have multiple employee benefits that require special research, analysis, and timely execution of divorce-related documents. Health and Life Insurance Continuing or needing to apply for FEHBP [...]

By |2017-07-31T09:50:49-04:00February 19th, 2014|Federal Employee Benefits, Pensions, TSP|Comments Off on Divorce Financial Planning is Critical
to Federal Employees and Their Spouses

Five Critical Divorce Financial Planning Tips

These Divorce Financial Planning Tips are for those starting their journey in what's been acclaimed as "divorce month" in many publications. No matter what month you begin the process, if your financial future is at stake, engaging the services of a CPA Divorce Specialist or Certified Divorce Financial Analyst (CDFA™) will be crucial for [...]

By |2017-08-04T09:27:14-04:00January 9th, 2014|Divorce Filing Status, Mediation|Comments Off on Five Critical Divorce Financial Planning Tips

One of my favorite tasks – Finding Hidden Income or Assets in Divorce

Finding hidden income or assets in divorce is one of the most challenging yet rewarding service that a CDFA™ or CPA can provide. It can alternatively be frustrating and expensive for the client, providing little or no answers. In any forensic case, I always alert my clients to the probability of little or no [...]

By |2017-08-04T09:21:37-04:00November 6th, 2013|Forensic Services, Hidden Income, Income Taxes, Marital Property|Comments Off on One of my favorite tasks – Finding Hidden Income or Assets in Divorce

What You Must Consider in Splitting Pensions in Divorce – Part 2

My September 4th post listed the two methods of dividing pensions in divorce and what information was needed to make the division. The "If, as, and when" method is the one most used by the court as it is relatively simple and judges do not need to hear conflicting testimony by valuation experts. Once [...]

By |2017-08-04T09:20:04-04:00September 30th, 2013|Pensions|Comments Off on What You Must Consider in Splitting Pensions in Divorce – Part 2

What You Must Consider in Splitting Pensions in Divorce – Part 1

When splitting a retirement pension in divorce, most times, not necessary to determine the present day value of the pension. In my experience, I have seen spouses and divorce professionals spend unnecessary time, money, and energy in this process when it is a far-gone conclusion that the pension can only be divided by sharing the benefits. [...]

By |2017-08-04T09:08:03-04:00September 4th, 2013|Pensions|Comments Off on What You Must Consider in Splitting Pensions in Divorce – Part 1