How do I stop a protracted divorce litigation (an extended divorce process)?
It is not uncommon for people to be unsatisfied in their divorce process. People who may be the breadwinners can pursue a strategy to drain the other side of money until they give in or simply do not understand. What you need to do is work on two things: Develop a...
My divorce attorney is not skilled in financial matters. What do I do?
Don’t worry you are not alone. Lots of divorcing parties innocently assume their attorney is skilled in divorce finance matters. If you could have an open and private conversation with your family law attorney you would discover s/he is skilled in the aspects of the...
Can social security impact a settlement structure in a divorce?
Can social security impact a settlement structure in a divorce? The short answer is absolutely. But, you would never know it if you didn’t work through the details and get a reasonably clear look into your financial future. Below is a real life situation which may...
Should a margin loan be used to fund a Divorce?
Honestly, it all depends on your situation. For some people it works well and others it can bring on unwanted risk. For purposes of this article we will outline some of the issues you will need to consider for your decision making process. Please know, each person’s...
Beware of commingling separate property with marital assets
You may have heard about the challenges that commingling of assets brings to a divorce proceeding. In this article we will discuss what the term commingling means and what you have to do to manage your financial risks. When you think about divorce, you need to be...
Carve out separate property from marital property in a divorce
There is wide acceptance from the courts that both spouses associated to a marital estate should benefit from the wealth accumulated from either party during the marriage. Yet, the same perspective is not upheld when there is property that was accumulated before the...
How to unfreeze frozen assets in a divorce
If you have been the subject of a freezing order in a divorce you may be experiencing a lot of financial turmoil in your life. You may be unclear why the freezing order was established in the first place or question the financial thresholds placed upon you. Your...
How to reduce future alimony payments for owners of financial advisory firms
If you are an owner of a financial advisory firm and going through a divorce be sure to determine which layer the income stream from your business will be included in for determining your property division; should it be included within the marital estate, the value of...
Is your spousal support calculation correct?
If you are going through a divorce and are the intended recipient of spousal support you need to read this article. One key takeaway is to be careful what your financial profile looks like today compared to what it needs to look like tomorrow. In other words, how you...
4 methods to allocate the tax liabilities in a divorce
If you are going through a divorce and filing as married filing jointly or married filing separately, be wary how the tax liabilities are allocated in your divorce. Why? If one of your goals in your divorce is to keep as much wealth in your pocket as you can, you need...