We enjoyed this article by Sarah Skidmore Sell, discussing financial fidelity and the importance of being honest about finances in your marriage. We hope you enjoy it as well. To Love, Honor and Share a Credit Card Statement
Tracing Assets and Income in Divorce
The exercise of tracing where the money came from is fundamental to a proper characterization and division of the community estate in a divorce. Spouses often commingle and use their separate and community property funds interchangeably with little thought to the consequences of their laissez-fare attitude. People who once paid no attention will demand accountability […]
Irrevocable Life Insurance Trusts in Divorce
Life insurance plays a very important part in many estate plans, but proper ownership or title is critical. Many people are not aware that if you are the owner of a policy on your own life, and in the unfortunate circumstance of your passing, the death benefit is included in your taxable estate. If you […]
Free Divorce Options Workshop — Saturday, May 7th
Led by volunteer attorneys, financial specialists, and mental health professionals who are members of the Collaborative Family Law Group of San Diego, this free workshop, which is hosted the first Saturday of every month, will cover the full range of choices couples have as they contemplate divorce, focusing on the non-adversarial, out-of-court options. For more […]
Social Security – The Ten Year Rule in Divorce
Social Security spousal benefits are an often mis-understood complication in Divorce Financial Planning. A divorced individual can receive spousal (derivative) benefits based on the work record of their former spouse if the marriage lasted 10 years or longer. This is an important asset in long term marriages where one spouse did not work outside the home […]
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