No matter what type of divorce process you go through, Divorce is never easy! While a Collaborative Divorce will aid in maintaining family ties and co-parenting skills, the fact that you got Divorced means you’re just went through a major life change. Any Estate Planner worth their salt will tell you that any major life event, such as Divorce, will trigger substantial changes to your Estate Plan. Let’s look at the 6 Things you MUST do once your Divorce is Final: 1. Update your power of … [Read more...]
Top 3 Overlooked Financial Issues During Divorce
Divorce is commonly seen as one of the most stressful experiences one will ever go through. Along with all of that stress, you are also making financial decisions that will most likely affect the rest of your life and perhaps the lives of your children as well. For that reason, it’s always a good idea to get the advice of a Certified Divorce Financial Analyst™ or some other financial professional during your divorce process. Having another set of eyes on your situation is … [Read more...]
Qualifying Income Issues in Divorce
Although divorce rates are reported to be declining, many marriages still end in divorce. Most people know that a divorce can be emotionally draining, but they don’t always realize how financially draining a divorce can be on both parties. One of the biggest decisions to make while going through a divorce is what will be done with the family home. This is not just a financial decision, but also can be an emotional and logistical decision as well. Do children need to be kept in the same … [Read more...]
Why Does Collaborative Divorce Make Co-Parenting Easier?
Undoubtedly, divorce is one of the most difficult experiences for many people. Unwinding years of being together with one person is incredibly emotional. What makes it even more complicated is finding a way to navigate down this path when there are minor children involved. Many of my family law clients struggle to meet in the middle when it comes to raising their children in separate households. I had mentioned in my previous post that marriage is the ability to come … [Read more...]
Filing for Divorce? Time to update your Estate Plan!
There are many things we think will NEVER happen to us. One of them would certainly be Divorce, because who would get married knowing it would set them up to go through one of the most difficult and emotionally draining periods of their life? The second NEVER, which sadly does happen, is that we are all at risk of becoming incapacitated or worse, dying before the Divorce is over. And while we sometimes hear horror stories of divorcing couples where the soon to be ex-spouse “got-everything” … [Read more...]
Divorcing With A Special-Needs Child
Getting a divorce is hard on any family, but it’s especially difficult when a special-needs child is involved, because the burden of care and planning for the child falls mostly on the custodial parent. When a special-needs child is involved in a divorce, the issues of custody, visitation, child support, and division of community assets become more complex and require special attention. Standard child support and custody guidelines don’t address the extra costs and unique … [Read more...]
Mediation or Collaborative Divorce?
People often ask about “mediation” for their divorce when they mean no court and no fighting. But are they asking the right question? Collaborative family lawyer and mediator Julian Schwartz https://www.basharaschwartz.com/ says, “This question comes up all the time. People don’t want the courthouse divorce nightmare they have too often heard about from others.” The popular idea is that mediation is a positive, kinder experience for couples who want to amicably … [Read more...]
Tips for Staying on the High Road During a Divorce
A lot of divorcing couples express a desire to “take the high road” during divorce and the collaborative divorce process supports the couple in this desire. Often a spouse will fall short due to divorce being transactional (“I give you this if you give me that”) and emotional (“you hurt me” or “I am afraid”) and the friction this causes. Taking the high road: 1. Allows you to be the good guy; 2. Preserves dignity and is respectful to your spouse; 3. Benefits your … [Read more...]
Amazon’s Jeff Bezos’ Divorce – Smart People Prove That There Is A Better Way
One of the richest and smartest people in the world is Amazon’s Jeff Bezos. He built the world’s largest retailer from scratch. There were lurid details about the end of his 25 year marriage to MacKenzie Bezos prior to their filing for divorce in January. The estate was worth an estimated thirty-seven billion dollars and there were those that expected a costly, drawn-out proceeding costing millions of dollars. Instead, after just four months, Jeff and MacKenzie announced … [Read more...]
Facing Your Post-Divorce Future with Confidence
When facing divorce--of your choosing or not--you realize that your once clear vision of the future is upside down. To create a new vision of your future you must take action. 1. Hire The Right Lawyer For You Consider the qualities that matter most to you in an attorney-client relationship--gender, age, hourly rate, reputation, board certification, specialty, or personality? You will know you have the right lawyer for you if you feel comfortable, appropriately supported, and … [Read more...]
