Archive | Finances

Chris Chen, CFP, CDFA

Killing Alimony

by Chris Chen, CFP, CDFA http://insightfinancialstrategists.com/ “Eliminating the deductibility of alimony payments from taxable income is one of the features of the Republican House Tax Reform bill. It is very significant to both payors and recipients of alimony. Currently, payors can deduct their alimony payments from their taxable income. As a result, they reduce their […]

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adamopolous

Supreme Judicial Court Says Wife Does Not Get More Alimony Just Because Husband’s Income Goes Up

by Attorney Anthony C. Adamopoulos, Divorce Mediator, Arbitrator and Collaborative Law practitioner http://www.divorcingoptions.com/ In a September 25th decision, the Supreme Judicial Court (SJC) affirmed an often misunderstood legal tenet i.e., just because the alimony paying ex-spouse starts making more money, the receiving ex-spouse does not automatically get an increase in alimony. In the year before […]

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Robin Fleischer, Esq.

Massachusetts Child Support Guidelines Have Changed Effective September 15, 2017

By Robin S. Fleischer, Esq. Fleischer Law Solutions, PLLC robin.fleischer@robinfleischer.com Are you ready for some good news about child support payments in Massachusetts? That’s right, for once an attorney is sharing something positive about one of the most emotionally and financially minefield ridden parts of divorce – paying for the kids. Drumroll please…On September 15, […]

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New Child Support Guidelines Bring Change to Paying for College Expenses

By Anthony C. Adamopoulos, Esq. DivorcingOptions.com The new Child Support Guidelines (Guidelines) include a new section to deal exclusively with college or other post-secondary educational expenses. While the Guidelines officially go into effect on September 15th, they are already being used by attorneys, mediators and others. At the outset, the Guidelines remind litigants that the […]

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What Happens to Your Credit When You Get Divorced?

by Maricel Tabalba www.credit.com Bringing any marriage to an end is a complex process and one of the greatest challenges in divorce is dealing with the financial implications. It’s important to remember that the divorce itself does not impact your credit. The shift in your financial circumstances, however, can lead to credit problems, especially if […]

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dpappas

College Financial Aid, the FAFSA and Divorce

By Diane C Pappas, CDFA™ Solutions For Divorce LLC www.untyingthefinancialknot.com It’s the new year…time to fill out the FAFSA or Free Application for Federal Student Aid. If your child will be attending college between July 1, 2017 and June 30, 2018, the 2017-2018 FAFSA is now available on line. Follow this link to the new […]

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Contemplating Divorce? Take An Asset Inventory Now!

By Diane C Pappas, CDFA™ Solutions For Divorce.com www.untyingthefinancialknot.com Ask ten different people what’s the first thing you should do if you are contemplating a divorce and you will get ten different answers. But ask a CDFA™ (Certified Divorce Financial Analyst) what the first thing is you should do, and they should say, take an […]

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adamopolous

Savings $$$$ When Facing Divorce — Financial Statements

By Anthony Adamopoulos, Esquire DivorcingOptions.com In my over 25 years of helping people facing divorce, I have seen, in almost every divorce, a reoccurring client decision that results in wasting hundreds, and sometimes, thousands of dollars. What is that decision? The decision not to read and follow the court’s instructions on how to complete the […]

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The Biggest Financial Mistake Women Make in Divorce

By Diane C Pappas, CDFA™ Solutions For Divorce LLC www.SolutionsForDivorce.com Home is where the heart is. We all know that saying and most of us ‘take it to heart’. Your home is the place that you love the most, it is the place filled with your family and your memories and where you feel loved […]

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Do I Need to Have the Business Valued?

By David H. Goodman MBA, CPA/ABV/CFF, CVA In a divorce one of the parties may be self-employed or own a business interest. Often there is a question of whether the business needs to be valued? The business owner may tell their spouse, “the business is worthless … don’t waste your money.” Or a proposal may […]

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