Posts Archive
divorce
The divorce is final. Now what?
Written by Mary Ann Ferreira, CFP®, Certified Divorce Financial Analyst™, and Viridan Shareholder. The original article is published on MarketWatch. To read the full article, click here.
Read More The plan you never want to make: How to prepare for a divorce
Written by Mary Ann Ferreira, CFP®, CDFA™, AIF® Original article posted on Market Watch Here.
Read More Why divorcing over 50 can be especially awful
Written by Mary Ann Ferreira, CFP®, CDFA™, AIF® Original article posted on Market Watch Here
Read MoreDivorce and Estate Planning
How does divorce affect estate planning? Wills for both spouses are often drawn up sometime during the marriage–particularly if there are children involved. When divorce is contemplated, the selection of beneficiaries and executors will likely be revised to reflect the absence of your former spouse. Additionally, you will need to re-examine the gift and estate…
Read MoreHow Women Are Different from Men, Financially Speaking
We all know men and women are different in some fundamental ways. But is this true when it comes to financial planning? In a word, yes. In the financial world, women often find themselves in very different circumstances than their male counterparts. Everyone wants financial security. Yet women often face financial headwinds that can affect…
Read MoreQualified Domestic Relations Order (QDRO)
What is a qualified domestic relations order (QDRO)? A qualified domestic relations order (QDRO) is a court judgment, decree, or order establishing the marital property rights of a spouse, former spouse, child, or dependent of a pension plan participant with respect to certain qualified retirement plans. Several requirements and restrictions apply. To what extent are…
Read MoreDealing with Divorce
Divorce can be a lengthy process that may strain your finances and leave you feeling out of control. But with the right preparation, you can protect your interests, take charge of your future, and save yourself time and money. You certainly never expected divorce when you cut the wedding cake–you and your spouse planned on…
Read MoreAlimony: Tax Planning
What is alimony? Generally, alimony is a support payment made to a former (or separated) spouse under a divorce decree (or separation instrument) in an attempt to maintain the predivorce lifestyle. Alimony is determined by state law and is sometimes called maintenance. It is based on one party’s need and the other party’s ability to…
Read MoreAre You Sabotaging Your Finances With Your Spouse?
This is a repost of a great article I read this morning. It is extremely relevant in this day of underwater mortgages and the thought still of, “keeping up with the Jonses.” How Couples Sabotage Their Finances Simple principles still apply here: Spend less than you make Have a shared financial budget Save in tax…
Read MoreThe Impact of a Divorce on Your Finances
Divorce can extract a heavy price — both emotionally and financially. Protecting your financial health during a divorce is crucial. If you and your spouse are headed toward a split, be sure to learn about the laws that shape divorce proceedings and the impact they can have on your assets. Dividing the Assets Typically, everything…
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