Divorce Financial Planning

Divorce Financial Planner Using Graphics to Settle Cases

Certified Divorce Financial Analysts™ (CDFA) have a unique and effective  "tool" to help individuals understand the potential financial impact that a settlement offer can have on their future finances. If used properly, introducing charts and graphics into settlement discussions can focus all parties on the bigger picture, separate fact from fiction, and make it [...]

Divorce with a Financial Divorce Analyst™ is a no-brainer

Many times, Divorce Mediation can be the most cost-effective, lowest conflict, process of all of the divorce settlement options. Currently, the majority of divorce mediators are either mental health practitioners or attorneys who help couples make decisions regarding the legal, child custody, and financial issues of the divorce settlement. Certified Divorce Financial Analysts (CDFA™) [...]

When Financial Divorce Tactics Trump Sound Financial Planning

There are times when a CDFA’s financial recommendations fly straight in the face of sound financial planning strategies. Since 2008, there have been a few cases where the Divorce Financial Planner has apologized to divorcing spouses, “I know you came to me help you get divorced, but we have to address financial survival first.” [...]

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 [...]

Maryland Divorce Advice for Women
7 Tips to Avoid Financial Disaster

A Divorce in Maryland can be very expensive. It can leave either spouse at risk for financial disaster, including bankruptcy. Advance divorce financial planning will greatly improve one's chances of an equitable settlement. These practical measures can take to minimize your costs or, at least, keep them under control: Do not get stuck on [...]

Maryland Divorce Advice – What does a divorce financial planner do?

I first learned how critically important Divorce Financial Planning was in my own divorce in 1999. At that time, I had no specialized training and emotionally, I was focused strictly on getting through one day at a time. Years later, I discovered that many people could use a special type of independent divorce advice, properly [...]

Maryland Divorce Financial Statements – Time for a change?

Prior to October 1st, 2010, the Maryland Child Support Guidelines had not been amended for 22 years. According to the Department of Family Administration website, the long form financial statement that’s used in the majority of divorce cases was last revised in 2001. Is it time for a change? Judges and Masters, who are under immense [...]

By | 2017-07-31T12:24:41+00:00 April 21st, 2011|Budgets, Divorce Financial Planning|0 Comments