When it comes to navigating the financial complexities of a divorce, choosing the right payment structure for professional guidance is an important decision. At Alternative Divorce Solutions, we understand that every case is unique. That’s why we offer both hourly and flat fee billing options, allowing clients to select the approach that best suits their…
Divorce brings with it many financial decisions, and education funding is often one of the most significant. If you’ve saved for your child’s education in a tax-advantaged account, you may be wondering how to handle those funds now that you’re separating from your spouse. Fortunately, there are several options available that can allow you to…
by Attorney Robert “Chip” Mues, Guest Contributor We are pleased to welcome Mr. Mues to the Alternative Divorce Solutions blog. He writes below about legal considerations under Ohio’s recent recognition of postnuptial agreements. I have primarily practiced divorce and family law work in Montgomery County and throughout Southwest Ohio for 40+ years. I have now…
Navigating the divorce process can be particularly challenging for families. While dividing assets is rarely easy in any scenario, determining how to divide accounts you started for your children during your marriage can raise additional questions and concerns. Types of children’s financial accounts There are several types of accounts parents open for their children. Some…
When going through the divorce process, taxes likely are not top of mind. Despite this, there are many common questions divorcing spouses have regarding how their children factor into the tax equation post-divorce. Can both parents claim dependents on taxes? After a separation or divorce, only the custodial parent can claim their children as dependents…
A financial advocate looks out for your best financial interests. Because divorce involves making financial decisions about asset division, spousal support and child custody, it’s helpful to have a financial expert looking out for your interests. A divorce financial specialist can make the complicated financial issues easier to understand, so you feel more confident about…
During divorce mediation, spouses meet with a neutral third party to determine issues, such as how to divide property, spousal support and child custody. The spouses, rather than the court, structure their own settlement. Divorce mediation can save time and money—and give spouses more control over the outcome. Generally speaking, a mediated divorce has a…
Military retirement benefits differ from other government retirement benefits—and likewise, so do the timelines and eligibility rules in a divorce. If a military pension is involved in your divorce, it’s important to understand some recent changes in eligibility, how military pensions differ from other government programs, health care benefit eligibility, disability payment rules and post-divorce…
When you’re preparing to go into divorce mediation, there are certain steps you can take to help the process go smoother. Below, read about what to do and what not to do in mediation so you are ready for an effective and satisfactory mediation process. Do Get Organized As we mention in our How To…
The short answer is that divorce will not affect your Social Security in negative ways. There are, however, certain circumstances that may lead to changes in the amount that you or your spouse can collect in Social Security benefits. Read on to learn more about how you or your spouse’s Social Security benefit could change…