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

Estate Planning: Is Your Estate Plan Up-to-Date?

We recently read this article by John Goralka discussing estate taxes and some very important, recent changes in the estate tax rates.  If you haven’t reviewed your estate plan in the past 2-3 years, it would be prudent to do so: An Estate Tax Time Bomb

Alimony Recapture

In a recent report conducted by TIGTA (Treasury Inspector General for Tax Administration), they found that 47% of tax returns showed a discrepancy between alimony deductions and income by more than $2.3 billion in 2010 alone.  One inconsistency the IRS attempts to crack down on are property settlements (non-deductible) being disguised as alimony payments (deductible).