John

About John Faggio

John Faggio is the managing director of Faggio Financial, LLC (www.divorce-finances.com), Maryland's only exclusive matrimonial finance practice. John is a CPA, a Certified Financial Planner® Professional, and a Certified Divorce Financial Analyst (CDFA®).

Divorce Financial Planning is Critical
to Federal Employees and Their Spouses

Divorce Financial Planning is a must for most Federal Employees going through the divorce process. Faced with similar divorce financial and tax issues that others experience, these employees have multiple employee benefits that require special research, analysis, and timely execution of divorce-related documents. Health and Life Insurance Continuing or needing to apply for FEHBP [...]

By | 2017-07-31T09:50:49+00:00 February 19th, 2014|Federal Employee Benefits, Pensions, TSP|0 Comments

Five Critical Divorce Financial Planning Tips

These Divorce Financial Planning Tips are for those starting their journey in what's been acclaimed as "divorce month" in many publications. No matter what month you begin the process, if your financial future is at stake, engaging the services of a CPA Divorce Specialist or Certified Divorce Financial Analyst (CDFA™) will be crucial for [...]

By | 2017-08-04T09:27:14+00:00 January 9th, 2014|Divorce Filing Status, Mediation|0 Comments

One of my favorite tasks – Finding Hidden Income or Assets in Divorce

Finding hidden income or assets in divorce is one of the most challenging yet rewarding service that a CDFA™ or CPA can provide. It can alternatively be frustrating and expensive for the client, providing little or no answers. In any forensic case, I always alert my clients to the probability of little or no [...]

What You Must Consider in Splitting Pensions in Divorce – Part 1

When splitting a retirement pension in divorce, most times, not necessary to determine the present day value of the pension. In my experience, I have seen spouses and divorce professionals spend unnecessary time, money, and energy in this process when it is a far-gone conclusion that the pension can only be divided by sharing the benefits. [...]

By | 2017-08-04T09:08:03+00:00 September 4th, 2013|Pensions|0 Comments

Women and Divorce – Crucial Information for a Positive Result

Men and women alike can get caught up in the emotional issues of divorce and each have their own financial issues in the process.The addition of a Certified Divorce Financial Analyst™ to the divorce team can help either or both understand their issues and move forward toward an equitable property divorce settlement. Depending upon [...]

By | 2017-08-04T09:04:59+00:00 June 24th, 2013|Alimony, Pensions, Tax Exemptions, Women and Divorce|0 Comments

The perfect marriage for a divorce in Maryland

The “marriage” of legal counsel and a Maryland Divorce Financial Planner can provide divorcing spouses with significant financial issues with a definitive edge in their divorce negotiations. Once thought of as an “attorneys only” process, more people are discovering that the addition of a divorce CPA or CDFA™ to handle the financial aspects of [...]

By | 2017-07-31T12:16:04+00:00 July 9th, 2012|Financial Divorce Analyst, Mediation|0 Comments

Maryland Divorce Tips – How to Avoid Alimony Recapture

Alimony payments made in Maryland divorce cases are most times deductible as long as the payments meet the IRS criteria below: Payments must be made in cash or cash equivalents There must be a written separation agreement or court order designating the payments as alimony Neither spouse opts out of the tax treatment of [...]

Divorce Costs in Maryland – How to Get Your Own Stimulus

Depending upon the process that is used, divorce costs in Maryland can destroy a family's finances. Whether it's Mediation, Collaborative Divorce, or litigation, thousands of dollars can be wasted and paid to professionals prior to the creation and acceptance of a Maryland Separation and Divorce Agreement. Retained divorce professionals can help you significantly reduce [...]

Divorce and Business Ownership- A “Tangled Web”

Divorce and closely-held business interests owned by either spouse is a combination that can add significant challenges and costs to a negotiated Marital Separation and Divorce Agreement. Under Maryland divorce laws, business ownership (100% or partial) is considered Marital Property if the ownership was started or the business has increased in value during the [...]