Costs of Divorce

Maryland Divorce and Taxes- How and When Should You File

In the divorce process, but haven’t filed your 2018 tax return? Your soon-to-be ex-spouse says the “best” way to file is Joint; but best for who? Are you being pressured to file jointly but negotiations are not being conducted in good faith? When you file and how you file can [...]

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

Divorce’s Devastating Effects on Finances – Part 2

As discussed in Part 1, the financial effects from divorce remain as devastating as ever, even though American divorce rates have dropped the past three years. Part 2 will discuss the financial impact of alimony and legal expenses. Consult with a financial divorce specialist for professional guidance. Alimony Accumulates Varying greatly state to state how [...]

By |2017-12-08T10:12:20-05:00October 26th, 2017|Alimony, Costs of Divorce, Financial Divorce Analyst|Comments Off on Divorce’s Devastating Effects on Finances – Part 2

Divorce’s Devastating Effects on Finances – Part 1

The U.S. divorce rate had dropped for three years in a row, dipping to its lowest mark in almost 40 years in 2016. However, the financial effects from divorce remain as devastating as ever. Depending on the state where you and your spouse reside, the average cost is from $15,000 to $20,000. If you are [...]

By |2017-12-08T10:14:43-05:00October 6th, 2017|Costs of Divorce, Divorce Fees in Maryland, Divorce Financial Planning, Divorce Settlement Agreements, Maryland Divorce Settlement Agreements|Comments Off on Divorce’s Devastating Effects on Finances – Part 1

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

Coping with Your Divorce’s Financial Impact – Part 1

The greatest impact of divorce is typically its devastating effect on the family. However, divorce can also be devastating on family finances. Studies have found that spouses who divorce will have to generate 30% more income in order to maintain their lifestyles. Being knowledgeable about your obligations and rights is the best way to decrease [...]

By |2017-07-31T12:13:03-05:00June 16th, 2017|Alimony, Costs of Divorce, Financial Divorce Analyst|Comments Off on Coping with Your Divorce’s Financial Impact – Part 1

Women and Divorce – Warnings from a Divorce Financial Analyst

Researchers for a University of Utah Report on Divorce cite the following statistics: About one in three women who own a home and have children at home when they divorce lose their homes. Three of four divorced mothers do not receive full payment of child support About one in five women fall into poverty as [...]

By |2017-08-04T09:30:31-05:00August 25th, 2016|Costs of Divorce, Divorce Team, Financial Divorce Analyst, Maryland Property Settlements, Women and Divorce|Comments Off on Women and Divorce – Warnings from a Divorce Financial Analyst

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

Divorce Costs in Maryland – How to Get Your Own Stimulus

Depending upon the process that is used, divorce costs in Maryland can destroy a family's finances. Whether it's Mediation, Collaborative Divorce, or litigation, thousands of dollars can be wasted and paid to professionals prior to the creation and acceptance of a Maryland Separation and Divorce Agreement. Retained divorce professionals can help you significantly reduce [...]

By |2017-08-04T08:52:30-05:00April 17th, 2012|Costs of Divorce, Divorce Fees in Maryland, Divorce Settlement Agreements, Mediation|Comments Off on Divorce Costs in Maryland – How to Get Your Own Stimulus

Maryland Divorce Advice – Five Really Big Mistakes that Increase Costs

I have seen a recurring pattern in many Maryland divorce property settlement negotiations. Whether it is a Collaborative, Cooperative, Litigated, or Mediated case, these mistakes do nothing but delay the inevitable and increase the costs of the divorce. Holding on to the garden hose A divorce attorney told me about a case where the [...]

By |2017-08-04T08:57:22-05:00January 10th, 2012|Costs of Divorce, Divorce Negotiations, Mediation|Comments Off on Maryland Divorce Advice – Five Really Big Mistakes that Increase Costs