Category: Divorce Asset Division

Deferred Maintenance on the Primary Home or other Real Estate in Divorce

A post divorce prospective client, Linda*, called me last week.  She signed her divorce decree over a year earlier and is now trying to divide property and accounts. Linda was awarded the home and previously unidentified expenses have come up.  She may have to sell the home as is, at a reduced value.  Likely proceeds … Continue reading Deferred Maintenance on the Primary Home or other Real Estate in Divorce

Inherited IRAs in Divorce

Inherited IRAs could be mistaken for traditional IRAs in divorce.  The consequence can be dramatic and costly. An Inherited IRA could inadvertently be treated as a traditional IRA, included as a community asset and divided in the decree – mistakes that could cost the beneficiary of the Inherited IRA thousands in both the amount included … Continue reading Inherited IRAs in Divorce

Four Reasons Why Great Family Law Attorneys use Certified Divorce Financial Analysts®

Experienced family law attorneys and Certified Divorce Financial Analysts™ (CDFAs) are ideal referral partners and more.  CDFAs Build a Financial Picture CDFAs do the homework.  We gather the tax returns and other financial documents that attorneys need.  We know which additional documents will help get to the real picture.  Then we organize financial information and provide … Continue reading Four Reasons Why Great Family Law Attorneys use Certified Divorce Financial Analysts®

A Thoughtful Guide to Divorce Mediation: The Money Issue

When you marry, you agree to abide by the laws in your state with respect to divorce. In divorce, many spouses finally take the time to learn about those rules. But it’s often too late. For example, Sally didn’t know the rules of separate property so she didn’t know that much of Bill’s wealth was … Continue reading A Thoughtful Guide to Divorce Mediation: The Money Issue

Increasing Financial Resources in Divorce

I recently attended the annual conference of the Association of Divorce Financial Planners. A presentation from my colleague Nancy Hetrick of Arizona highlighted something I’ve been able to achieve in my own practice – increasing the amount of money available to be divided in divorce without borrowing money. There is often a better way than … Continue reading Increasing Financial Resources in Divorce