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 [...]
As mentioned in 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. Part 2 will discuss two more methods for protecting your credit [...]
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 [...]
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 [...]
I always tell clients that my work is not complete until I review the draft of the property settlement agreement. In fact, I strongly believe that a Certified Divorce Financial Analyst (CDFA) review any divorce agreement where finances (deductible alimony, retirement, pensions, etc.) are a significant part of that agreement. But wait a minute; shouldn’t [...]
