When you and your spouse decide to utilize a collaborative divorce approach, both of you will have access to neutral financial mediators. Financial mediators can help prepare schedules that project cash flows, net worth, and the tax effects of your proposed settlements. They are often asked these 3 tax questions: How should I file my…
Read More →Due to the COVID-19 pandemic, federal tax filings have been extended until July 15, 2020. Often couples are blindsided by the tax impact of getting a divorce, but when you utilize the collaborative divorce process, you have a team of experts on your divorce team that will help you find your way out of the…
Read More →“Lower tax-refunds” has been a subject in the news a lot recently. It is something that that’s a real issue for most people paying taxes. The fact that less tax may have, indeed, been taken out doesn’t soften the blow when that check is disappointing and deflated from previous years. There are strategies available to…
Read More →All investors review their investments annually, and in light of the market’s recent volatility, it would be wise to review your investments soon as the new tax laws may affect your strategies. “Rebalancing” may be in order if your portfolio’s asset allocation no longer meets your current long-term objectives. As always, you should consult with your…
Read More →As the commercial says “I’m not a tax advisor and I didn’t stay at a Holiday Inn Express last night…” but a piece by Dan Caplinger from The Motley Fool might have a useful idea for your situation. There’s a link at the end to the whole article. Tax strategies is something that PeaceTalks always has…
Read More →In light of the changes in the tax laws and the recent roller coaster volatility in the stock market it might be prudent to talk with your financial advisor about whatever investment assets are attached to your settlement agreement. You can also get feedback and updates related to other nest eggs that are not part…
Read More →There was an article in the Sunday LA Times by Ben Steverman of Bloomberg News with some very clear advice from some divorce professionals that have been doing this for a long time. His article was written before the fires started devastating the lives of thousands of our fellow Californians. PeaceTalks and every other mediation…
Read More →New tax law prompting flood of accelerated divorces as Dec. 31 deadline looms David Garrick, The San Diego Union-Tribune The term “accelerated divorces” got my attention yesterday when an edited version of this article appeared in the Los Angeles Times. The indications, from 2018 first-half data, are that there may be even more of a…
Read More →This article by Dr. Halem seemed very timely as we hit the Labor Day weekend and all too soon will be staring Halloween and Thanksgiving in the face. I really liked what she said about keeping you informed after your mediation is finished. Here are a few highlights and a link to the entire article…
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