A number of divorce professionals — including yours truly — spoke with Glass Jacobson’s Divorce Advisory Group about top tips in dealing with child support during your divorce. My number one tip: Continue reading “Interview: Child Support and Divorce: 8 Experts Give Their Best Advice”
Category: Marital Finances
Top Six Reasons You Should Take The Job Despite Your Divorce
Marcy hadn’t worked in four years and suddenly was faced with an amazing six-figure job offer – but the offer came right in the middle of her extremely nasty divorce. “Should I take it?” she asked. “What about child support? Alimony? Custody?” My answer was absolutely YES – take the job! Here are my top 6 reasons why you should take the job, regardless of your divorce: Continue reading “Top Six Reasons You Should Take The Job Despite Your Divorce”
Interview: Divorce is a luxury | Emma Johnson
Earlier this week, Financial blogger Emma Johnson — who writes at WealthySingleMommy.com, Forbes.com and runs a popular podcast called “Earn Like a Mother” — and I spoke about the idea that Divorce is a luxury. Continue reading “Interview: Divorce is a luxury | Emma Johnson”
The #1 Secret Weapon And Surprising Best Friend In Your Divorce
Reviewing the numbers in your divorce will always help guide you. You cannot ignore the math! In this post, I explore how the calculator can be your best friend when trying to come up with settlement terms for your case.
Mark was confused: his wife was demanding their co-op apartment in the divorce, and he felt – deep in his heart – that she should have it. His friends and coworkers were telling him it was a bad deal to trade-off paying her “alimony” and give her the apartment. And so was I. When Mark came in for our next appointment, I showed him my number one secret weapon in divorce – and his new best friend: a calculator.
“When you break down the tax benefits to paying ‘alimony’ and look closely at avoiding capital gains in a sale of the home, you are losing,” I told Mark. And so did the calculator.
Once Mark and I factored in the costs of litigation (best-case and worst-case), and examined his investment and retirement accounts, he had a choice: would he give up $175k in exchange for a…
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