Financial planning can be complex and difficult under the best of circumstances. Financial planning in the context of a divorce represents a different level of complexity. These are the times when having the support and guidance of an experienced Certified financial planner can be invaluable.
The list of things that you might have to consider is extensive. Consider whether any of these items are pertinent to your case:
Separate property (inheritances or pre-marriage assets)
Medical insurance to provide post-divorce coverage
Tax effects of the divorce
Right to spouse's social security
Right to spouse's pension
Are you prepared to address this list of issues without professional help?
We offer recommendations in our extensive list of articles for your review. Use the search box to find topics. When you are prepared to begin work and want to talk about your situation, give us a call and let us help you through this time!
We offer Financial Planning for Divorce Mediation in Houston TX & the surrounding areas:
Below is a list of articles with the most recent ones listed first.
Individuals considering both bankruptcy and divorce have additional planning issues to consider. Which should be done first? Can we arrange our asset division to protect assets following divorce? Which assets can be discharged and which must be paid? Can income taxes be discharged?
When going through a divorce perhaps the last thing on someone’s mind is financial planning advice. While there may be more emotional and personal issues on the table, this is definitely one area that cannot be ignored.
The CLUT (Charitable Lead Unitrust) details and whether it is right for you. Family limited partnerships (FLPs) have become a popular planning tool for the high net worth individual. The following contains the advantages of an FLP.