Category: Divorce
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We just want the kids to “be okay”
One concern I hear from clients a lot is the desire for their kids to “be okay” and to maintain strong relationships with both parents going forward. When this comes up, I remind my clients that even if you choose to move into a new home, or schedules need to change, if you can show…
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Divorce Process in CA – Steps 1 and 2
In California, there are 4 main parts of the legal divorce process, beginning with filing for divorce. This information is pulled from https://selfhelp.courts.ca.gov/divorce/start-divorce/file which is a great resource for Californians looking for more information about the divorce process. Of course, if you hire an attorney or mediator, these professionals will help you with this process.…
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Avoid These Tax Tragedies
All assets are not created equal. This is because of the tax consequences associated with different types of investments and the types of accounts that hold the investments. For example, in divorce, you wouldn’t want to offset home equity with a retirement account dollar for dollar. There are a couple reasons for this. Number one,…
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Prenups – They’re Trending
So you’ve DTR – defined the relationship – and you’re engaged! Congratulations! While you’re at it, before you get married, you may also want to DTM – define the money. Prenuptial agreements or “prenups” are a really smart way to protect the assets you’ve built. I spoke with a family law mediator earlier this week…
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Reality Check: Spousal Maintenance
if you and your spouse have chosen for you to stay home to raise children while your spouse has continued to work, you cannot rely on a spousal support award that will allow you to never work again. The reality is that the standard of living for both spouses statistically decreases by 40% following a…
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Divorced 3 Times
If you are considering divorce, there are several pathways to get there. Before getting my Certified Divorce Financial Analyst designation, I assumed that the first step to divorce was hiring an attorney – even if the spouses were hoping to be amicable. I now know that couldn’t be further from the truth, and just like…
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How to prepare for divorce financially
If you are just starting to contemplate divorce or have already had the conversation with your spouse, the next step is to start to understand your finances – arguably before you begin interviewing attorney
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What is a CDFA™ Professional?
CDFA™ professionals have expertise in the area of divorce finance and are uniquely qualified to help you understand the financial considerations of your divorce and how to make smart decisions during this difficult time in your life.
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Don’t keep the marital home and lose everything else
Keeping the marital home in divorce is a big decision – one that should be made with emotion AND an understanding of the financial impact.
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Do you need an attorney to divorce?
The short answer is no – you do not legally need an attorney to get divorced. For spouses who are amicable, feeling the need to lawyer up is an old way of thinking and one that is misguided by media and divorce horror stories. That doesn’t have to be you. 4 Alternative Divorce Solutions that…