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Financial Planning for Divorce? A Checklist to Keep it all Straight

If you are going through a divorce, you know that you’ll need to develop an accurate picture of the finances for your family.  But what do you need? It’s an emotional time, which can make it easy to miss things.  Here is a checklist to help. Please download through DIVORCE DOCUMENT CHECKLIST if you would like […]

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Naked With Cash – Mid Year Update

As I mentioned here, I am participating in a series of posts called, “Naked with Cash” at a popular blog called ConsumerismCommentary.com. It’s been really interesting.  Participants in the series update their net worth monthly, and discuss their current financial activity, concerns and success.  I find these kinds of “real” stories to be helpful – […]

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Ani Mason

Retirement Assets & Divorce: Podcast Interview

I was recently interviewed for the Divorce Resource Podcast by Ani Mason, local Family Law Attorney and Collaborative Divorce Attorney. Ani had lots of great questions about the sometimes confusing – but extremely important- world of retirement assets, which play a big role in many divorce settlement negotiations. During the podcast, we discussed the following […]

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Naked with Cash … at ConsumerismCommentary.com

I was recently chosen to participate in a series of posts called, “Naked with Cash” at popular blog ConsumerismCommentary.com. Participants will “reveal” their financial details on a monthly basis.  Readers and a team of Certified Financial Planner™ practitioners will comment on their progress and hopefully make helpful suggestions. “Team Sara” will include two of the […]

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Interview: Questions About Bankruptcy

Bankruptcy is a topic that comes up occasionally with my clients, so I went to an expert, New York bankruptcy attorney, Bruce Weiner, with my questions. 1. How much debt does someone need to have for bankruptcy to make sense?  Is there a rule of thumb or ratio of income to debt? It really varies […]

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Divorce & Your Money: Alimony, Maintenance, or Spousal Support

This is the ninth post in my “Divorce & Your Money” series. Spousal support, alimony and maintenance usually mean the same thing, and may be used interchangeably by your attorney or advisers. Here are the questions I hear most on the topic from divorcing couples: Why Does Alimony Exist? Traditionally, and even today in many […]

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Divorce & Your Money: How is Child Support Calculated?

This is the eighth post in my “Divorce & Your Money” series. Child support is an important issue for any divorcing couple with children.  Parents need to know what to expect so they may plan for the future.   Here are the basic questions I hear from couples (in my state, New York) surrounding this issue:  […]

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Divorce & Your Money: Real Estate

This is the eighth post in my “Divorce & Your Money” series.  “Who gets the house?” is the biggest question for many divorces.  Your answer comes down to three options:  Sell it now.  The couple could agree to put the house or apartment on the market, sell it, and split the proceeds 50/50 or otherwise.  […]

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Divorce & Your Money: Tax Issues

This is the seventh post in my “Divorce & Your Money” series. Taxes are never fun, but there are new things to consider when it comes to divorce. Filing Status If your divorce is final by the end of the year, you are considered unmarried for the entire year.  Your tax filing status would be […]

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Divorce & Your Money: Retirement Assets

This is the sixth post in my “Divorce & Your Money” series. Also watch this podcast interview on retirement assets and divorce.  For many, retirement savings in a 401(k) or IRA may be their biggest financial asset.  Here is a summary of retirement account basics and how they may be divided in the event of […]

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