Divorce and Taxes: Who Gets to Deduct What?

Divorce and taxes can be two stressful situations to deal with and most couples are unsure how to complete their taxes once their divorce is finalized. The good news is when you and your spouse opt for a divorce through a collaborative process, you are supported by a team of experts, one of which is a financial neutral who can help you wade through and weigh out the financial changes that will occur, including your tax liability after your divorce has been finalized. Typical child expenses that concern divorcing parents include the following: Whomever your child lives with the most […]

How Does A Gray Divorce Affect the Family?

Divorcing over the age of 50, often referred to as gray divorce, can be extremely difficult to wade through for many reasons. Often in a court litigated traditional divorce, family members get pitted against each other. The long-term emotional fallout can be devastating to everyone involved and for generations to come. Gray divorces come through marriages that have many decades of marriage under their belt and adult children and grandchildren in their family unit. Adult children often feel blindsided because they never felt their parents would divorce after their years together. It can be a gut-wrenching experience for adult family […]

How To Cope With the Stress of Divorce

Many equate the stress and grief level of marital separation close to the level of death of a loved one. There are many ups and downs and twists and turns during a divorce. Your emotional well-being is stretched very thin. But there is a process that can help. When you choose to use the collaborative divorce process, there is a team of experts that can help you, your partner and your children. They are a team of mental health experts, divorce coaches, neutral financials and attorneys who are well trained in assisting you and your spouse to work through your […]

Is a California “No Court” Divorce Right for You and Your Family?

It’s a question that is not easy to answer. There are so many shades of gray, and it’s rarely a cut-and-dry decision. There’s a lot involved in deciding which divorce method to choose. We suggest researching all of the options before you decide. Here are the 4 divorce options that are available to you and your spouse if you live in California: Traditional negotiation/litigation Collaborative Mediation Pro Se divorce Today, we will explore the first two options. A traditional litigated court divorce is often costly. It takes a great deal of time to finalize. When it’s all completed, the family […]

How Is Debt Divided in a Divorce?

There are so many issues to decide on when you and your partner are filing for a divorce. It’s hard to know what to consider first. But there is help available when you choose the collaborative divorce process. The collaborative process helps couples to stay away from litigated court divorces. Not only does it save time and money, but it also holistically works with the entire family while working toward a peaceful resolution. Often when our team begins to work with divorcing clients, the couple will ask many different questions, but the one we get asked the most often is […]