Divorce Settlement

Breadwinning Wife? 5 Ways to Prep for a Possible Divorce

Whether someone wants a divorce or not, getting organized and being prepared is essential. Alimony stems from the Latin word for nourishment or sustenance. The fundamental purpose of alimony (called spousal support in California) is to maintain the financial status quo. Societal norms have changed. Many women today are better [...]

Wasted Days and Wasted Nights

Recently, I was asked to analyze a complicated draft divorce judgment. From the worn appearance of the documents, question marks, revised numbers and multitude of angry, red, crossed-out words, it was clear that a lot of discussion had taken place. Usually, this level of discussion in a team mediation model translates [...]

Discovering the Fraud She Perpetrated on Him

Recently, a bankruptcy lawyer sent me a client, who had been sent to him by a divorce attorney. Here’s how we uncovered the fraud my client’s wife had been perpetrating: 6 months prior, while my new client was at work, his wife had moved out. She had taken every stick [...]

When Is it NOT Okay to Give Your Paramour a Ferrari?

The laced thong, the Easter bunny costume, the Ferrari and the $1.8 million dollar Spanish-style duplex were not his to give away. That’s what Shelly Sterling, estranged wife of disgraced Los Angeles Lakers owner Donald Sterling, asserted last month in her suit against her husband’s mistress, V. Stiviano. It is [...]

Do You Need a Financial Professional for Your Divorce Mediation? Yes, You Do.

Whether litigated or mediated, a divorce financial professional should always be part of your team. Recently, I attended an intensive, five-day interdisciplinary mediation training workshop. Of the 18 people in the workshop group, 14 were trial lawyers, 3 were mental health professionals, and I was the only financial professional. The workshop took [...]

How to Avoid Being Unhappy With Your Divorce Settlement

{3 minutes to read} In my years as a financial planner, I noticed distressing trends within my client base. Those who had been through the divorce process either did not understand their financial settlement or were unhappy with the outcome. Many were wiped out financially. People tend to make costly [...]

Do Credentials Make an Expert?

In my work as a Certified Divorce Financial Analyst, I regularly speak to groups of women about the financial realities of divorce. Some are contemplating divorce. Many are already in the process. Some just want to make sense of the financial wreckage they were left with after their divorce settlement. [...]

How Will the Date of Separation Affect My Divorce Settlement?

Determining the date of separation during a divorce case can be one of the biggest areas of contention and confusion. During marriage, couples often revisit the same well-worn subject matter in arguments. “Oh that again?” They’re triggered back into long standing patterns of dysfunctional behavior or non-productive communication. After divorce, [...]

What Is a Lifestyle Analysis?

Divorce is a time of uncertainty in many areas. In most marriages, it is not unusual for one spouse to have a more “hands-on” role or a better understanding of the household finances. If you were responsible for other duties and less focused on finance, it is critical to ask [...]

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