Often when people go through a divorce, their emotions are tied up. The questions on their mind are “how does this marriage end?” and “what do I get financially?” When they do think about health insurance, they usually don't consider long-term care insurance (LTCi). Why is it so important for recently divorced or currently divorcing couples to think about long term care planning? Two…See More

Perhaps you’ve heard about the phenomenon known as the “grey divorce” and are wondering what it’s all about. An important study conducted by the Department of Sociology and the National Center for Family and Marriage Research at Bowling Green State University entitled “The Grey Divorce Revolution” addressed this issue. I was attending the Institute for Divorce Financial Analysts’…See More

I recently attended a conference for The Academy of Professional Family Mediators in Memphis, Tennessee. One of the workshops I participated in was on elder care mediation, which gave some fascinating insights. A 2001 study, done by Debra B. Gentry, showed nearly 40% of adult children providing care for their parents reported serious conflict with siblings, usually related to a lack of sufficient help from those siblings. This study…See More

I very much appreciate working on divorce cases with a team, as it has so much value for clients. Mental health professionals can bring much-needed clarity to very difficult situations. The following article, written by Howard Dructman, PhD and Marsha Schechtman, LCSW, Atlanta Behavioral Consultants, explains how the concept of parallel parenting works:A literature…See More

We all hate the word budget. How many times have you had a budget that never worked and only made life harder? And when you didn't follow it, did you feel like you failed?If a budget is done right, it will provide many benefits that are crucial when going through a divorce.A budget is a guideline to help you forecast how your cash flow will look.Having a budget keeps your priorities and values straight. Many…See More

People have a range of preconceptions about divorce, the law, and the courts. In reality, going before a judge to air your grievances about your soon-to-be ex-spouse is rarely as satisfying as movies and television shows may have you believe. Mediation offers a private, cost-efficient alternative to litigation—but before you choose either venue, there are some guiding principles to keep in mind:Don't expect…See More

Time flies when you’re having fun; here we find ourselves in a new year, with new challenges ahead—and of course our taxes are due. So let’s bring you up to date on some tax changes that we know of. (Remember this year could bring other tax changes that we don’t know about at this time).One big change is that 1099s have to be in to the IRS by January 31st of his…See More

The Association of Divorce Financial Planners held their annual conference this past October. One of the keynote speakers was Mary Beth Franklin, CFP, who is a contributing editor for Investment News. She spoke about the new Social Security rules and how to maximize benefits. Here is part of her talk relating to divorce:If married at least 10 years and currently unmarried, you may be able to collect on your ex-spouse’s work record as…See More

I recently attended The Association of Divorce Financial Planners 2016 Divorce Catalyst Conference, held from October 27-29. There were a number of excellent speakers and interesting topics presented over the three days: Day OneThe keynote speaker was Jeff Brend. Jeff is an attorney who specializes in family law and is a fellow of the American Academy of…See More

One of the things I have learned over the years is that I cannot be a Jack-of-all-trades and a master-of-none. In today’s ever-changing world, we need to have connections with professionals in other disciplines and specialties. This is especially true working in the divorce area.In the past, it was the attorney’s job to do everything. Today divorcing…See More

In my last blog, I had an article by Scott Evans about ARM Rates. This is a continuation of mortgages.  Scott Evans wrote about Home Equity Line Resets.  Home Equity Line ResetsFor some, other looming issues are Home…See More

One of the things I have learned over the years is that we cannot be a Jack-of-all-trades and a master-of-none. In today’s ever-changing world, we need to have connections with professionals in other disciplines and specialities. This is especially true working in the divorce area.I think it is important that we do the same thing and have our own list of…See More