Monthly Archives: October 2014

Today’s Alerts: Marriage, Financial Planning, and Your 401(k) Rollover

My Today’s Alerts series highlights ideas generated in my divorce financial advisory practice. Kate* called to let me know that she’d decided to leave her company, AFD, Inc., to pay attention to her start-up business full time. She wanted to make a clean break so she planned to add the 401(k) to her existing IRA right … Continue reading Today’s Alerts: Marriage, Financial Planning, and Your 401(k) Rollover

Business Valuation in Divorce: A Very Quick Primer

Bill owns a business called Clean Wipers, Inc. that sells unique, high quality windshield wipers to luxury car companies and car owners. Bill and his wife Brenda decide to divorce. Bill tells Brenda he takes an $80,000 salary from the business each year and that he’s thought about selling the business recently because sales were … Continue reading Business Valuation in Divorce: A Very Quick Primer

Today’s Alert: To Close or Not to Close Credit Cards in Divorce

My Today’s Alerts series highlights ideas generated in my divorce financial advisory practice. Closing a jointly owned credit card account reduces access to credit which, in turn, typically increases your “utilization rate”. The utilization rate is the ratio of credit card debt to available credit.  A higher utilization rate means that you are getting closer to using … Continue reading Today’s Alert: To Close or Not to Close Credit Cards in Divorce