Collaborative Law Institute Blog – Family Law Attorneys & Professionals
Don’t Divorce Me! An HBO Special
Late night browsing on HBO recently brought me to a refreshing and wonderfully honest documentary on kids of divorce. The 30-minute film focuses on children who have recently gone through divorce – it asks them questions and captures their honest and candid...
How Long Should You Keep Important Documents and Records?
It will really help your efforts to organize your financial affairs if you know how long you need to keep statements or documents. A survey by Consumer Reports showed that only 40% of respondents thought that they could find a document at a moment’s notice. Only a...
Tax Tips: 5 Things to Know About the Child Tax Credit
The child tax credit may save you money if you have a qualified child. Here are the top five things to know about this credit as it relates to divorce: Depending upon your tax filing status and your income you may be eligible for a child tax credit of up to $1000 for...
Estate Planning After Divorce
As part of organizing your financial affairs following a divorce, you should also make preparations for your financial affairs after your death. Planning your estate is an essential part of getting one’s financial matters in order at any point in life, but divorce...
Bonus Families – The Best Way to View Divorce
The viral video of a father reaching out to his ex-Wife’s new husband, his daughter’s stepdad, and asking him to join him and walk their daughter down the aisle has had a huge impact. It has been shared millions of times. I have noticed a number of my...
Cost Basis: What Is It? Why Does It Matter?
As another tax season comes to a close, there are people all over the country digging through shoe boxes and file cabinets trying to meet their tax accountants’ request for cost basis information on an investment they sold last year. Hundreds of thousands of tax...
Keeping More of Your Money in the Family: Choose Your Attorney Wisely
After choosing your process wisely, discussed in my two previous blogs part 1 and part II, the next step is to choose your attorney wisely. I believe this is something to approach with significant thought about your goals, careful consideration about the process you...
What is a QDRO?
For many, a significant portion of their post-divorce assets consist of a part of their former spouse’s company-sponsored retirement account. In order to split a company retirement account, the plan administrator of the pension, 401(k), 403(b) or other company...
Soccer and Parenting
As a parent to youth players and season-ticket holder to a semi-professional team, I watch a lot of soccer. My daughter’s team plays at the elite level. In a game, they move around, pass to a teammate, trap the ball, look around while the teammates move around,...
Keeping More of Your Money in Your Family: 5 Quick Financial Tips
5 quick Divorce financial tips: These five are only a starting point. Plan your cash flow and spending carefully. Do not over exaggerate. You and your spouse only have so much income between the two of you. Unless you can increase income you both will need to...
