The #1 Secret Weapon And Surprising Best Friend In Your Divorce

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Meet your new BFF

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 “quick” settlement? Finally, Mark saw the light and went to a CPA and a realtor to confirm our rough estimates. Continue reading “The #1 Secret Weapon And Surprising Best Friend In Your Divorce”

Courts Tell Stay-at-Home-Moms to “Get to Work”

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Earlier this week, Financial blogger Emma Johnson — who writes at Wealthy Single Mommy (dot) com — and I discussed the continued, growing trend in New York City courts: judges telling stay-at-home-moms to “get back to work.”  As one judge said during a hearing last week: “Just because you were a care-taker for a time, doesn’t excuse you from supporting yourself.”  While some women are able to creatively navigate such a big transition, others fail miserably, ending up in low-paid jobs.  How can SAHMs protect themselves while still staying-home with their kids? Watch our discussion:

 

Continue reading “Courts Tell Stay-at-Home-Moms to “Get to Work””

He Said, She Said: Should We See a Marriage Counselor or Divorce Lawyer?

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A divorce lawyer and a marriage counselor walk into a bar… Sounds like the beginning of a joke. But your relationship problems are no laughing matter. You need information and perspective.

When faced with questions about whether to divorce or reconcile, where do you go for advice: a marriage counselor or a divorce lawyer? You want to know: “How do I know if my marriage is over?” “If I go  to counseling, how do I know if my spouse will really change?” or “If I go to an attorney, is my marriage over, or can we still reconcile?”

Marriage counselor Aaron Anderson and I discuss our different views on when to see a therapist or #divorcelawyer in a piece featured on the Huffington Post.

Continue reading “He Said, She Said: Should We See a Marriage Counselor or Divorce Lawyer?”

Featured on the Huffington Post: My Tips May Save Your Marriage

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What does a divorce lawyer know about saving marriages? You might be surprised. After so many clients, I’ve pin-pointed four relationship pitfalls that couples need to address if they want to avoid a seat at my desk.

Read the full article here: Avoid These Four Relationship Pitfalls And Save Your Marriage