Divorce and Your Finances

This article outlines some wise steps for moving forward after divorce.  While many fear the unknown financially and otherwise, it is also an opportunity to take control and be the CEO of your own independent financial household.

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Divorce 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?“

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Learning 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…

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Life Insurance in Divorce

It is important that you maintain life insurance with the children named as beneficiaries and the alternate spouse as trustee (via UTMA or otherwise) so that in the event that one spouse dies during the child support term, that the support intended for the children remains in place.  The reason for naming the alternate spouse…

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Financial 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…

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