Budgets

Protecting Your Credit During Divorce – Part 1

Getting divorced can be a great personal and financial challenge. During the process of negotiating a divorce agreement, it is crucial to ensure that you will be sound financially and not burdened by the debts of your former spouse. Unfortunately, people are often quite unpredictable when times are stressful. Out of spite, a divorcing spouse [...]

By |2018-01-04T09:36:49-05:00January 4th, 2018|Budgets, Business Assets and Divorce, Divorce Financial Planning|Comments Off on Protecting Your Credit During Divorce – Part 1

Selecting the Divorce Attorney Who’s Right for You – Part 3

As discussed in Part 2, compatibility is perhaps the most important factor in selecting the divorce attorney right for you. Part 3 will complete this article by discussing several other factors to consider before making the final choice of a divorce attorney. Relevant Experience and Reputation Determined by the residence of the divorcing couple, divorce [...]

By |2017-12-30T09:24:49-05:00December 30th, 2017|Budgets, Costs of Divorce, Divorce Fees in Maryland, Divorce Negotiations, Divorce Settlement Agreements, Divorce Team|Comments Off on Selecting the Divorce Attorney Who’s Right for You – Part 3

Five Critical Factors That Must Be Evaluated For a Positive Result

You can dramatically improve your chances of starting your new life on sound financial footing if you look beyond the divorce settlement and analyze the impact that your decisions will have on your finances in the short and long-term future. For example, the decision of who will own and occupy the family home certainly has [...]

By |2017-08-04T09:31:02-05:00June 20th, 2017|Budgets, Costs of Divorce, Women and Divorce|Comments Off on Five Critical Factors That Must Be Evaluated For a Positive Result

5 Potentially Bad Divorce Decisions
(and how to avoid making them)

Going it alone or excluding a Financial Divorce Analyst from your divorce team can lead to bad decisions that will have a negative impact on your future financial security. Here's a short list of the potentially worst decisions that individuals have made and continue to make as emotions take hold. 1. Trading your share [...]

By |2017-07-31T09:42:10-05:00August 26th, 2015|Alimony, Budgets, Divorce Settlement Agreements, Divorce Team, Financial Divorce Analyst, Hidden Income, Income Taxes, QDRO, Tax Exemptions|Comments Off on 5 Potentially Bad Divorce Decisions
(and how to avoid making them)

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 |2017-07-31T09:48:22-05:00June 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

Maryland Divorce Financial Statements – Time for a change?

Prior to October 1st, 2010, the Maryland Child Support Guidelines had not been amended for 22 years. According to the Department of Family Administration website, the long form financial statement that’s used in the majority of divorce cases was last revised in 2001. Is it time for a change? Judges and Masters, who are under immense [...]

By |2017-07-31T12:24:41-05:00April 21st, 2011|Budgets, Divorce Financial Planning|Comments Off on Maryland Divorce Financial Statements – Time for a change?