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…
The decisions made about valuing and dividing marital assets and income during a divorce can impact you financially for the rest of your life. That’s why it pays to include a Certified Divorce Financial Analyst® (CDFA®) on your divorce team. While a divorce attorney can navigate the legal matters of divorce, a Certified Divorce Financial…
The short answer is that you are never too old to get divorced. However, if you get divorced later in life, there may be a greater effect on your financial life. To account for this, there are certain steps you can take and factors to consider to feel more prepared for divorce at an older…
When people plan ahead for divorce, strategizing for a comfortable retirement is often at the top of the list. You likely have a wide range of assets that will be divided in your settlement, including any retirement accounts. Your 401K is subject to equitable division in Ohio, so below we will explore how your 401K…
Some divorce settlements can be simpler than others to negotiate. Sometimes ownership of certain accounts or assets can provide more complexity and may require help when discussing possibilities for dividing your financials. One of those more difficult aspects is the division of rental properties. If you and your spouse obtained any rental properties during your…
One way to ensure that we are serving our clients to the best of our abilities is to gather information that forms the most complete picture of your financial situation. The trust that our clients put in us, allows us to serve them better, which is why all of the information that you send us…
How To Ensure a Fair Settlement in Your Divorce Divorce can be stressful for a number of reasons, one of which is the worry that you may have nothing left at the end of it. For this reason, a major concern for most people going through a divorce is how to ensure a fair settlement….
When people hear about division of assets or finances in a divorce, one of the first things that might come to mind is a 50/50 split down the middle. While this works in some instances, there are other ways to divide assets that might make more sense in certain cases. Today we will discuss the…
Divorce can look quite different depending on the age of your children (or if you have children at all). In a prior blog post, we discussed some of the factors you need to consider if you are going through a divorce without minor children, but there are specific circumstances to plan for if you are…