What I Learned From A Mistress
“She’s a sweet girl…” my friend assured me. “OK…” I walked next to her heading to this upscale restaurant/bar inside a wine shop last Saturday night to meet up with …
Read MoreAuthor: evangeline
Divorce Impact on Life Insurance Needs
It’s important to consider your life insurance needs prior to the divorce so that you can include appropriate provisions into your settlement. If you pass while married, in most states, …
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Divorce, Debt and Credit Accounts
Most people understand the importance of good credit in starting a new, independent life after a divorce. Unfortunately, many people find that their credit is damaged due to circumstances that …
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Protection in Divorce Against Asset and Income Hiding
Your and your spouse’s income and asset information are needed when structuring the key divorce settlement issues: property split and any alimony or child support calculations. If you suspect that …
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Financial Impact of a Properly Structured Alimony Agreement
Over the years, we have seen cases in which separation or divorce instruments violate the requirements for structuring alimony payments correctly. These situations often produce a negative financial impact for …
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Transferring IRA Assets During Divorce
In this article, we address divorce and transfer of Individual Retirement Account (IRA) Assets. We focus on the Traditional IRA because the rules for transfers are more restrictive than for a Roth …
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Bankruptcy and Divorce
There are several issues to consider when contemplating a bankruptcy filing as part of a divorce. Certain debts are dischargeable and others are not. The following divorce related debts are …
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Community Property vs. Equitable Property Rules in Divorce
Nine states are Community Property states Arizona California Idaho Louisiana Nevada New Mexico Texas Washington Wisconsin In contrast, other states follow an Equitable property distribution. Both terms are described below. …
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Divorce and Claiming Your Child as a Dependent
The ability to claim the dependent child exemption can be a significant advantage for a divorced parent. It’s important that this exemption be consciously planned for as part of the …
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Impact of Retirement Account Split
An area where many individuals get into tax trouble is when splitting their Qualified Retirement Accounts (QRPs) and Individual Retirement Accounts (IRAs). Once you have come to the revelation that …
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Preparing For the Divorce – Assessing Your Financial Condition
One of the situations that we see in many family situations is where one spouse is the primary caretaker of the financial obligations for the family. That person may have …
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Study: Women in Their 30s Really are Friskier
When I was growing up, various people used to tell me, “A woman really hits her sexual peak during her 30s.” I have no idea why people thought that this …
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