[Ed: Originally published on Facebook.] Yesterday we looked at a fact pattern that shows how a court can make “equitable” awards of property that are not necessarily “equal”. Yesterday’s example was based on each party’s current ability to pay. Today we will look at a common fact pattern which involves different time horizons. Let’s say the…
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Equitable Division of Property
[Ed: Originally published on Facebook.] Yesterday we looked at “community property”. Today we will look at the property division scheme in effect in most jurisdictions: “equitable distribution” (or “equitable division”). The key word, of course, is “equitable” – which does NOT necessarily mean “equal”. For many judges, they will start out presuming an equal division is…
Division of Community Property
[Ed: Originally published on Facebook.] This week we’re going to take a closer look at property division laws. There are basically two types of property division schemes – “community property” (“CP”) and “equitable distribution”. Knowing these rules is important because you need to be able to make reasonable assumptions about what the judge can or might…
How to Support “Your Post-Divorce Compass”
[Ed: Originally published on Facebook.] No reviews this week, just a heart-felt “thank you” from me. In the last couple of months we’ve reached thousands of people, and I appreciate all of you for being willing to give and share. We’re getting close to 200 page “likes”, and if you would be willing to share the…
Do You Have a Tax Accountant?
[Ed: Originally published on Facebook.] *GULP* Tomorrow is April 15 – tax day! Oh no! Are you prepared? A tax accountant is a great advisor to have on your team. Maybe your tax picture is pretty simple – you earn a regular salary, put a little in your 401(k), pay your bills, nothing exotic. But you…
Do You Have a Health Insurance Broker?
[Ed: Originally published on Facebook.] Yesterday we looked at adding an advisor to your team (a financial planner) who will be able to help you comprehensively look at your entire financial picture and plan for all of your goals. Today, we’re going to look at adding a teammate who will be a bit more specialized –…
Do You Have a Financial Planner?
[Ed: Originally published on Facebook.] The theme this week is “teamwork”. Who is on your team? If you’re following the “Your Post-Divorce Compass” process, on Day 23 you’ll start looking for a financial planner. Do you really need a financial planner? I mean, do you really need someone to tell you “put some money in savings…
Review: “elf”
Proud of this 5-star review from “elf” on Amazon: Divorce is heck. That’s a nice way of putting it. It affects people emotionally, psychologically, intellectually, socially, financially and even physically. There are resources out there to help with many of the support areas, but those getting divorces generally turn to their attorneys for help in practical matters….
Review: “Bobby”
[Ed: Originally published on Facebook.] We wanted to share a review from “Bobby”, a divorce attorney who thinks the book can be a valuable resource for his own clients: “There is nothing in this book we all [divorce lawyers] don’t know, but this is the first time I’ve seen it presented in this ‘workbook’ fashion. As…
Your First Meeting: What to Bring with You
[Ed: Originally published on Facebook.] This week we’ve been talking about your first meeting with a lawyer. Yesterday we talked about how to act and what to expect at your first meeting. Today I want to give you a few ideas about what to bring with you: Financial information is usually helpful – for example, paystubs…