Wednesday, August 25th, 2010
Humans tend to make decisions influenced heavily by relativity. We compare one option relative to another. You may decide a grande latte is a good deal relative to the cost of a tall latte. You may think a BMW including complete scheduled maintenance for 1 year is a better deal than a one year old [...]
Posted in Asset Division, Behavioral Finance, Budgeting, Debt, Divorce Financial Planning, Marital Home, Marital Settlement Agreements, Post divorce financial planning | No Comments »
Tuesday, June 8th, 2010
“Experience as financial advisors has taught us that truly meaningful and productive advisory relationships are created when we place ourselves as architects of the client’s financial decision-making process rather than as the judge and jury of the best and most-rational economic outcome.”
The quote above has been excerpted from most recent article in a series I [...]
Tags: Behavioral Finance, Divorce Financial Planning, Financial Life After Divorce, Justin Reckers, Pacific Divorce Management, Post divorce financial planning
Posted in Behavioral Finance, Divorce Financial Planning, Neutral Financial Professional, Post divorce financial planning | No Comments »
Tuesday, June 1st, 2010
1) IRS rule 72(t) allowing hardship withdrawals without the 10% penalty from 401(k) plans during divorce can help cash flow problems during dissolution proceedings;
2) The Government Pension Offset and Windfall Elimination Provision are federal Social Security rules that often unexpectedly reduce Social Security retirement benefits in divorce situations and may cause inequity;
3) An apples to [...]
Tags: capital loss carry-forward, Dependency Exemption, Division of Retirement Accounts, Divorce Financial Planning, Justin Reckers, Pacific Divorce Management, Qualified Domestic Relations Orders
Posted in Asset Division, California Divorce Dictionary, College Funding, Community Property vs. Separate Property, Debt, Divorce Financial Planning, Economy, Health Care, Marital Settlement Agreements, Neutral Financial Professional, Post divorce financial planning, Retirement Planning, Spousal Support, Taxes | No Comments »
Wednesday, April 21st, 2010
The Patient Protection and Affordable Care Act was signed into law on Tuesday, March 23, 2010. The complete details are not yet known as many of the provisions require sweeping overhauls to the way medical insurance has been sold and administered in the United States. As is common in bills of such a large magnitude [...]
Tags: Divorce Financial Planning, Financial Life After Divorce, Justin Reckers, Pacific Divorce Management, Patient Protection and Affordable Care Act, Post divorce financial planning, Post Divorce Health Care
Posted in Divorce Financial Planning, Economy, Health Care, Post divorce financial planning | No Comments »
Thursday, April 8th, 2010
I read an interesting article from Reuters today titled “Growing need for advisers in out-of-court divorces”. You can find it here. http://www.reuters.com/article/idUSTRE6342J020100405
The general idea is that there is a growing need for Financial Advisers experienced in divorce to help individuals and couples navigating the difficult financial decisions necessary during the division of a marital estate. I [...]
Tags: Divorce Financial Planning, Financial Life After Divorce, Justin Reckers, Pacific Divorce Management, Post divorce financial planning, post divorce wealth management
Posted in Divorce Financial Planning, Neutral Financial Professional, Post divorce financial planning | No Comments »