Divorce is a complex process, and for high-net-worth individuals, asset division introduces an added layer of intricacy. Misconceptions about marital property, hidden assets, and financial implications can complicate matters further, leading to costly mistakes and misunderstandings. By addressing these myths, divorcing spouses can better navigate this challenging time with clarity and informed decision-making. What Constitutes…
The Social Security Fairness Act: What It Means for Divorce Settlements The recent passage of the Social Security Fairness Act has introduced significant changes that directly impact pensions, spousal support, and divorce settlements. For divorcing couples and the professionals assisting them, understanding these updates is crucial to ensuring equitable financial outcomes. The elimination of the…
When it comes to dividing assets during a divorce, executive compensation can be one of the most complex and misunderstood areas. High-level executives often receive compensation packages that extend beyond a traditional salary, and understanding the nuances of these benefits is crucial for equitable asset division. What is Executive Compensation? Executive compensation refers to the…
Divorce can introduce a wide range of financial questions and challenges, each with unique considerations. For individuals or attorneys needing specific financial calculations—without a full financial planning service—Alternative Divorce Solutions offers a la carte financial calculations tailored to address individual needs. From precise asset valuations to separate property tracing, these targeted services allow clients to…
Divorce can be a complex and costly process, but with careful planning and strategic guidance, you can take control of your financial future while minimizing unnecessary expenses. At Alternative Divorce Solutions, we provide financial expertise that empowers clients to make well-informed choices during divorce, reducing the financial strain and helping them achieve a fair outcome….
When going through a divorce, especially one involving litigation, the legal and financial complexities can be overwhelming. At Alternative Divorce Solutions, we provide specialized financial advocacy to support both individuals and their attorneys through the financial intricacies of divorce. As a Certified Divorce Financial Analyst® (CDFA®), our role is to focus on the financial well-being…
Going through a divorce is overwhelming. Between legal proceedings, emotional challenges, and trying to manage your finances, it’s easy to feel like you’re missing something important. As you navigate these decisions, you might wonder: Am I covering all my bases? Are there red flags I should be aware of in my financial picture? This is…
Divorce is a challenging time, and when it coincides with a high-interest rate environment, making decisions about the marital home can become even more complex. While you may have been able to comfortably afford your mortgage at a 3% interest rate, the reality of refinancing or buying out your spouse at today’s rates—closer to 7%—might…
Divorce can be an emotionally painful process—and it can have financial repercussions that affect you for the rest of your life. Decisions made about dividing assets, retirement plans and spousal support can be complex and have long-term impacts. While attorneys help navigate people through the legal aspects of divorce, and family, friends and therapists provide…
Divorce mediation can save time and money—and give spouses more control over the outcome. When both parties are willing and able to communicate, and both are open with the data, it can be a good alternative to a litigated divorce. Mediators handle the divorce mediation process differently. Below we discuss our process and the benefits…