6 Tax Issues You Must Discuss for a Fair Divorce Settlement

Posted by Cris Pastore, Main Line Family Law Center
April 16, 2015 at 9:30 AM

I am always surprised at the number of times that I see divorce settlements, even those written by legal professionals, which fail to contain any tax provisions. Despite this lack of attention, tax issues can often have the greatest impact on the settlement. Divorcing couples need to look at the tax consequences of their settlement from a broader perspective to understand its long-term effect on the family's financial future.


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Topics: Getting In Financial Shape

What to Know to Qualify for a Mortgage in Divorce

Posted by Cheryl Conard
March 12, 2014 at 10:05 AM

Refinancing a mortgage or purchasing a home after a divorce can be challenging. Knowing some basic requirements will help you know what to expect before applying for a mortgage. 

There are very specific guidelines regarding the use of support income (child support and alimony) as income to qualify for a mortgage.  

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Topics: Getting In Financial Shape

Preparing for Divorce? How to Avoid 5 Major Financial Mistakes

Posted by Adina Laver, Divorce and Relationship Coach
April 9, 2013 at 8:50 PM

One of the top three concerns that most people have when facing divorce is finances. Will I have enough to live on? Will I lose everything? Is it possible to maintain my standard of living after the divorce? What I am entitled to if I have not been the primary wage earner? What I am entitled to if I am the primary wage earner? How will we save for our kids’ education with less to go around?

People do not generally get divorced for financial reasons alone, but all divorces have financial implications. Even under the best of circumstances, many individuals and couples have difficulty navigating through financial decisions. In the context of divorce – which is already a highly emotional time – things become even more complicated and can trigger some of the most powerful emotions including fear, mistrust, anger, guilt and resentment.

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Topics: Getting In Financial Shape

The Shocking Cost of Divorce in PA

Posted by Cris Pastore, Esq.
December 4, 2012 at 2:27 PM

The added expense of living in two separate households may be obvious in a divorce case, but have you also budgeted for the cost of hiring a divorce lawyer to go to court?

 

 

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Topics: Getting In Financial Shape

Financial Planning for Amicably Tackling a PA Divorce Settlement

Posted by Sharon Pastore
December 16, 2011 at 11:45 AM

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Topics: Getting In Financial Shape

By Michael Coyle of the Coyle Appraisal Group, LLC.

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Topics: Getting In Financial Shape