Lifetime Planning

Patricia Barrett CFP CDFA

832-858-0099

  • About Us
    • Getting Started
    • Summary of Divorce Services
    • Frequently Asked Questions About Divorce Financial Planning
    • Testimonials
  • Cooperative Mediation
    • Cooperative Divorce Mediation
    • How Texas Mediation Works
    • Divorce Mediation Articles
  • Divorce Financial Planning
    • Our Approach to Divorce Financial Planning
    • Community Property
    • Separate Property
    • Long Term Planning
    • Financial Planning Articles / Case Studies
  • Collaborative Divorce
    • Collaborative Divorce
    • How Collaborative Divorce Works
    • How We Help
    • Collaborative Divorce Articles
  • Events
  • Blog
  • Contact Us
You are here: Home / Archives for preparing for divorce

Five proven benefits of gratitude — even if you are going through divorce

November 21, 2018 By Patricia Barrett

Five proven benefits of gratitude — even if you are going through divorce

Facing difficult life challenges, such as going through a divorce, may not seem like a logical time to be thankful. Yet studies have shown that cultivating gratitude, even when the chips are down, can have profound impact on our health -- for the better. Gratitude improves physical health. A 2012 study published in Personality and Individual Differences found that grateful people exercise … [Read more...]

Filed Under: Blog, Divorce Planning, Divorce Planning, Women's Issues for Divorce Tagged With: dealing with divorce, divorce in Texas, Divorce Planning, handling stress of divorce, preparing for divorce

Dividing pensions in a divorce may require special financial assistance

November 9, 2018 By Patricia Barrett

Dividing pensions in a divorce may require special financial assistance

If you and your spouse are considering, or are in the process of divorce, and one or both of you has a corporate or civil service pension, know that all pensions are not created equal. This fact is extremely important to understand as you proceed toward an equitable division of your marital estate. In dividing pension benefits in a divorce, your attorney will be required to create a QDRO … [Read more...]

Filed Under: Blog, Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles Tagged With: certified divorce financial analyst, dividing pensions in divorce, divorce finances, divorce financial planning, divorce in Texas, preparing for divorce

Don’t forget these marital assets in your divorce

September 11, 2018 By Patricia Barrett

Don’t forget these marital assets in your divorce

Often, many of the women I work with on their divorce finances know very little, sometimes nothing, about their marital assets (or liabilities for that matter). This is gradually changing, but surprisingly, still exists. Maybe the husband has simply kept the information largely to himself, or the wife doesn't feel she understands finances like she should, so leaves it up to her spouse, or she … [Read more...]

Filed Under: Articles, Blog, Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles, Women's Issues for Divorce Tagged With: certified divorce financial analyst, dividing pensions in divorce, divorce finances, divorce financial planning, Divorce Planning, preparing for divorce, Texas divorce

Ten facts about divorce that may surprise you

June 29, 2018 By Patricia Barrett

Ten facts about divorce that may surprise you

Myths about divorce abound. For one thing, divorce laws vary from state to state. So, quite often, people are confused due to what they have heard about celebrity divorces, or a friend or family member's divorce in another state. To help bridge this knowledge gap, I have compiled a list of ten facts about divorce that may surprise you. You may be responsible for debts incurred by your spouse … [Read more...]

Filed Under: Articles, Blog, Divorce Mediation, Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles, Women's Issues for Divorce Tagged With: certified divorce financial analyst, divorce finances, divorce financial planning, divorce in Texas, divorce mediation, preparing for divorce

Divorce and long-term care insurance

May 18, 2018 By Patricia Barrett

Being financially prepared for the possibility that you could require long-term care is an important part of retirement planning. Yet, too many people hope for the best and don't give this much thought. Our rapidly aging population, lengthening longevity and unpredictable health care costs highlight the need for long-term care insurance. So, couples getting a divorce, especially those approaching … [Read more...]

Filed Under: Blog, Divorce Planning, Divorce Planning, Estate Planning, Financial Planning, Financial Planning Articles, Women's Issues for Divorce Tagged With: divorce and insurance, divorce and retirement, divorce finances, divorce in Texas, divorce settlement, Houston divorce, preparing for divorce

New tax law may impact your divorce in 2018

January 5, 2018 By Patricia Barrett

The ink is barely dry on the "Tax Cuts and Jobs Act" which both houses of Congress passed on Dec. 20, 2017,  yet, accountants are scrambling to figure out how the 500-page law will affect their clients this year. Most can't believe this complicated and confusing law is effective immediately. "We don't have a year to figure it out," said one notable tax expert. And some are warning the new law … [Read more...]

Filed Under: Divorce Planning, Divorce Planning, Financial Planning, Financial Planning Articles Tagged With: alimony and divorce in 2018, alimony in Texas, divorce and tax laws, divorce finance, divorce finances, divorce financial planning, divorce in 2018, divorce in Texas, New tax laws and divorce, preparing for divorce

Looking for clues of bad behavior during divorce (part two)

July 6, 2017 By Patricia Barrett

In part one of our blog post with this headline, we discussed a variety of red flags to look for during the divorce process that may indicate a spouse is behaving badly. We also offered tips to better protect yourself against such behavior, as well as how to educate yourself about the divorce process and what to expect. In this blog post, we will take our examination of bad behavior during … [Read more...]

Filed Under: Articles, Divorce Planning, Divorce Planning, Financial Planning Articles Tagged With: alimony in Texas, certified divorce financial analyst, divorce financial planning, Divorce Planning, preparing for divorce, Texas divorce

If facing divorce in the New Year, take time now to prepare

May 17, 2017 By Patricia Barrett

If you are considering divorce in 2017, you are probably dreading the approaching holidays. Let’s face it, no one wants to acknowledge marital discord when the theme is “joy” and “good cheer.” As the New Year approaches, you may want to consider focusing now on preparation and planning for what lies ahead. Here are some steps you can take before and during the holidays that will lay the ground … [Read more...]

Filed Under: Blog, Divorce Planning, Financial Planning Tagged With: divorce financial analyst, divorce in 2017, divorce in the New Year, preparing for divorce

Contact Us

Call Patricia for a
Free Consultation
832-858-0099

From Our Blog

Separate Interest Division

Under the separate interest method, the plan is valued as of a certain date and split in two. The Separate Interest owned by the Alternate Payee may then be received by any method she chooses, … [Read More...]

Lifetime Planning, LLC

Phone: 832-858-0099

  • Email
  • Facebook
  • LinkedIn

Areas Served:

Cities

The Woodlands
Alvin
Baytown
Clear Lake
Conroe
Cypress
Dayton
Downtown Houston
Fairfax
Fort Bend
Friendswood
Galveston
Hockley
Houston Heights
Humble
Jersey Village
Katy
Kemah
Kingwood
La Marque
League City
Magnolia
Memorial
Midtown
Missouri City
Montrose
Pasadena
Pearland
River Oaks
Shenandoah
Sienna Plantation
South Houston
Spring Valley
Spring
Sugar Land
Texas City
Tomball
Victoria
West University
Also serving all Texas cities working by email, phone, and fax.

Counties:

Harris
Montgomery
Liberty
Chambers
Galveston
Brazoria
Fort Bend
Waller

Disclaimer

Information provided in this website is not meant to be construed as legal advice and does not necessarily predict decisions that will eventually be made by a court of law. It is strongly recommended that you consult competent legal advice if your divorce includes children or property issues.

Copyright © 2023 Patricia Barrett CFP CDFA · All Rights Reserved

· · ·

Log in