Gray: The Color of Divorce Attention! Considering going through a divorce? Then run, don't walk, to your nearest qualified financial planner on the way to your divorce lawyer's office. That's my read on an article published earlier this month in Financial Advisor magazine . The article noted a recent study by the National Center for Family and Marriage Research at Bowling Green State ... Read More
Divorce Financial Planning
Splitting the 401k After Divorce
Ask the Boston Money Coach: Divorce Financial Planning Question from another financial planner: I have a client who has been divorced since October 2006. My client had a 401k leading up to the divorce and on 10/25/2006, when he filed for divorce, the 401k had $19,000 in it, and was 100% invested in a Fidelity MM fund. Now the value is closer to $20,000. His ex-wife is now asking for her ... Read More
DivorceFinancePros.com of Boston on Boston’s WRKO Radio
Recently, Clear View Wealth Advisors with offices in Amesbury, Lawrence, Wilmington and Woburn, Massachusetts was featured on Boston's WRKO radio promoting the Divorce SHIELD plan and divorce financial planning services offered through DivorceFinancePros.com. Click on the link to listen. Free Divorce SHIELD Plan Provided by Divorce Finance Pros: Divorce Financial Planning Services Described ... Read More
Top Financial Mistakes of Divorce in Boston, Massachusetts: Part 5
5. UNCOORDINATED ADVICE MISSES THE 'BIG PICTURE' (5th Part in a Series) Rowers need to all be pulling in the same direction for the boat to move forward. Too often professionals and clients do not coordinate or collaborate resulting in differing advice. This potentially can lead to costly mistakes. While advice from different professionals may be correct, if not taken in context and ... Read More
Top Financial Mistakes of Divorce in Boston, Massachusetts: Part 3
3. USING YOUR BOSTON DIVORCE LAWYER AS YOUR FINANCIAL PLANNER (3rd in a Series) While your Boston divorce attorney may be an expert in the LAW, don't expect them to be an expert in TAXES, INSURANCE, CREDIT, or RETIREMENT. And when you think about it, once you get beyond child custody issues mostly everything else in a divorce is all about money - how much, who gets what, how to split it ... Read More
Top Financial Mistakes of Divorce in Boston, Massachusetts: Part 2
BEING FINANCIALLY DISORGANIZED - I THOUGHT YOU PAID THE BILL (2nd Part of a Series) It is not uncommon for one person in the marriage to be the one who handles the household finances. Regardless of the excuse, one person may be more or less clueless about the financial details involved with running the household. Maybe that's one of the reasons for the divorce in the first place but at this ... Read More
Top Financial Mistakes of Divorce in Boston, Massachusetts: Part 1
1. REAL ESTATE - KEEPING THE HOUSE Have you watched the award-winning TV drama "The Good Wife" that revolves around a scandalized politician and his humiliated wife who leaves her comfortable suburban lifestyle to resume her legal career in order to take care of her family? The couple eventually sell the property as part of the divorce but in a plot twist later end up vying for buying the home ... Read More
Financial Planning Services for the Divorcing Client in the Boston Area
Services for the Divorcing Client: We make every effort to: Provide you with financial education that gives you a clear view of the options available to you Evaluate your personal assets Determine your spouse's assets Analyze the value of shared assets, such as your house and securities Assist you in making informed decisions about the impact of various options on your post-divorce ... Read More
Top Five Reasons for Hiring A CERTIFIED FINANCIAL PLANNER ™ During the Divorce Process
Too often folks go through a divorce confused about the process or impact of decisions on their long-term financial health. Or they are blinded by the emotions connected with the divorce. I'm here to tell you that neither hope, good intentions or an ostrich-head-in-the-sand approach are going to get you through this life transition. 1) Financial analysis conducted early in the divorce ... Read More
Divorce Finance Pro – Services & Resources
Divorce Finance Pros for Divorce Financial Planning: >> Divorce Planning Checklist << >> 11 Critical Financial Mistakes to Avoid in Divorce << >> Family Law Software: free online financial divorce calculators << Divorce is never easy. There are often difficult issues that must be resolved. You and your attorney need to create a solid game plan with a ... Read More
