Understanding Spousal Support

In North America, it’s the judge’s place to decide how the marital assets should be divided. By closely examining the income and assets of each spouse, the judge can determine if spousal support should be paid—and by whom. In some cases, the assets may generate sufficient income that either no spousal support is necessary or it can be reduced.

Continue reading...

Entering the Divorce Niche: Advice from the Experts

Divorce is a fast-paced niche in which to set up a business. Newcomers to the profession can often be overwhelmed with all the industry dos and don’ts. We asked seasoned divorce professionals from across the country and Canada what they believe newcomers to the industry should know.

Continue reading...

Post-Divorce Financial Pitfalls: Named Beneficiaries

Without exception, our clients want to move on with their lives as quickly as possible after they complete the financial negotiations of their divorce. Moving on includes taking control of their own finances. We regularly engage with clients to complete these items and there is one simple (to us) but infuriating (to clients) road-block that almost all face: changing or naming beneficiaries in the event of the client’s death.

Continue reading...

Retirement Accounts in Divorce: Five Common Questions

Retirement accounts are complicated, especially in divorce. Here are some questions you may run into.

Continue reading...

Top Ten Financial Errors in Divorce

CDFA® professionals from across the USA share some of the worst financial mistakes they’ve seen in their practices.

Continue reading...

Advice from a Judge

A family court judge talks about effective preparation for court—and how to achieve results in court by utilizing all available resources.

Continue reading...

Tick, Tock: Impact of the New Tax Law on Alimony and Divorce

Are your clients getting divorced in 2018 and planning to pay or receive alimony? You may not realize it, but there’s a tax “timer” hanging over their head and the buzzer is set to go off.

Continue reading...

Top Ten Divorce Terms to Know

One of the many things that makes divorce such a complicated and notoriously confusing business is the array of new terms, acronyms, and phrases tossed around throughout the process. Divorce has its own language, and it is important to be able to talk the talk with family lawyers, judges, collaborative divorce professionals, and clients. Here are ten divorce terms to jumpstart your journey to divorce literacy.

Continue reading...

Survey: Separated People now Contacting CDFA® Professionals before Lawyers

People at the beginning of the divorce process now recognize that the financial issues they’re facing are as important as the legal ones—and many of them are now seeking financial advice about their situation before they enter a lawyer’s office.

Continue reading...

Survey: CDFA Professionals Reveal the Leading Causes of Divorce

According to a recent survey of 191 CDFA® professionals from across North America, the three leading causes of divorce are "basic incompatibility" (43%), "infidelity" (28%), and "money issues" (22%). "Emotional and/or physical abuse" lagged far behind (5.8%), and "parenting issues/arguments" and "addiction and/or alcoholism issues" received only .5% each.

Continue reading...