by RitaEster | Sep 23, 2020 | Uncategorized
Each tax season in my work as a CFP, I have the unpleasant task of informing a recent divorcee that they have an unexpected and substantial tax liability. It’s a curious phenomenon that during tax preparation, the spousal support payor rarely forgets the deduction and...
by RitaEster | Sep 23, 2020 | Uncategorized
In most marriages, it is not unusual for one spouse to have a more “hands-on” role or a better understanding of the marital finances. For a variety of reasons (fear, control, stereotypical gender roles), the spouse who is less focused on “how the money works” may not...
by RitaEster | Sep 23, 2020 | Uncategorized
It’s just a short hop from the holidays to what is known as “divorce season.” For the past 2 months, many people have been in holiday “limbo,” not making waves during this time of “goodwill.” I’ve counseled many women, often the lesser earners, who have remained in a...
by RitaEster | Sep 23, 2020 | Uncategorized
I have a close friend whom I’ve known for many years. She is always busy, dressed to the nines. I’m most likely to see her pulling out of her driveway, on her way to another weekend getaway or special event with her handsome husband and a smile on her face. One year,...
by RitaEster | Sep 23, 2020 | Uncategorized
In 1996, wife Denise Rossi purposefully hid lottery winnings in the amount of $1.3 million from her husband of 25 years. When her ex-husband realized what she had done, he filed a motion to set aside the divorce agreement. Denise was found guilty of fraud and her ex...
by RitaEster | Sep 23, 2020 | Uncategorized
Whether mediating or litigating your divorce, costs can escalate quickly, especially if you are facing a complicated settlement. There are some simple ways, however, to help keep the cost of your divorce down. Here are 4 of them: Limit Email Communications...