Posts Tagged ‘Divorce and Finances’
Divorce and Your Credit
This article addresses what to do if your credit is affected by your ex-spouse not paying joint debt that he/she promised to pay during your divorce. This concern should be addressed in writing in your Settlement Agreement to make sure that your credit is not impacted. Make sure that your name is removed from any…
Read MoreDivorce and Alimony
With the new Tax and Jobs Act, the tax treatment of alimony has changed, but so have the formulas and/or considerations for calculating alimony payments. To learn more read the article, “Is Divorce Becoming a Tax Strategy Game?“
Read MoreLearning to Make Ends Meet After Divorce
It is a fact that it costs more to financially support two households than it costs to support one. It is usually financially tight when divorced spouses first strike out on their own. Things usually get better once you settle in, balance your budget and operate within your means. The good news is that you…
Read MoreFinancial Decisions After Divorce
During the divorce mediation process, we explore finances to ensure that you are able to afford the decisions you are currently making. A financial planner can help you extrapolate that information so that you are prepared for your future and your family’s future. Ask your friends for recommendations and work with someone who aligns with…
Read MorePreparing Your Finances For Divorce
If you haven’t been the one paying the bills for your joint household, you will need to learn and there is no time like the present while you are going through the divorce process. We take the time during the mediation process to make sure that you understand your finances and can afford your decisions.…
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