5 Important Questions To Ask Your Divorce Attorney – Smarter Divorce Solutions Continue to own the house jointly for a few years, usually 3-5, at which point you either sell or refinance and split the proceeds. – Continue to own the house jointly for a few years, usually 3-5, but the spouse not living there […]
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Entries by geoff
How to Get Divorced Without Destroying Your World Divorce can be a painful experience, so much so that it tends to use the language of war. But it doesn’t need to be hurtful. Here are five ways to avoid harming your soon-to-be ex, yourself, and your children and move toward a collaborative divorce.
Divorce And Money Considerations Divorce and money are ultimately tied together, not just during the divorce, but in surviving afterwards. Make sure that you make smart financial decisions.
Revising Your Estate Plan After Divorce If you don’t update your will, trust, and beneficiary designations, your ex could inherit. If you’re going through the emotional and financial turmoil of a divorce, estate planning may be the last thing on your mind. But after a divorce, you need to take steps to update your estate […]
Money Milestones: A divorce doesn’t have to be the end of your retirement funds By Suzanne Riss and her ex-husband knew going into their divorce that they needed to consult a financial expert. Divorce, even a simple one, still involves a decent amount of complexity when dividing assets, including retirement savings.
California Community Property FAQs Frequently asked questions about dealing with California community property at divorce. California law defines community property as any asset acquired or income earned by a married person while living with a spouse. Separate property is defined as anything acquired by a spouse before the marriage, during the marriage by gift, devise, […]
Divorce Settlement Blunders – Seven Costly Financial Mistakes How to avoid regretting your divorce settlement There are nearly one million divorces in the United States each year. Unfortunately, many divorcing spouses are financially devastated as a result. One reason is that too often, divorcing spouses accept unfair settlements, and find that a few years later […]
I recently got a call from a woman in the midst of a divorce who very wisely began asking a lot of questions about the pension she would be receiving payments from when her soon-to-be ex-spouse retired. We called the pension office together to review the language of the marriage settlement agreement (MSA) and draft […]
Before getting to the financial aspect, let’s start with the word mediation. Mediation is a terrific conflict resolution strategy. It uses a neutral third party to facilitate the process of resolving the dispute. Typically, the neutral party provides a structured process that defines the issue(s), breaks the issue(s) into components, and creates a cooperative solution […]
Yes, the California Courts require full financial disclosure of all income, assets, and expenses. Honestly, I think this is an important requirement even though it can be difficult. It is unfortunate that many of us do not know much about our finances. That can be for many reasons, but truthfully, managing money is not usually […]