Mark Flowers, Author at Hello Divorce

7 Steps You Can Take Right Now to Prevent Struggling Financially After Divorce

By Mark Flowers in Blog, Child and Spousal Support, Divorce Finances, Property Division, Tips | Posted September 12, 2019

As a certified divorce financial planner and certified financial planner in California for eight years, I’ve helped thousands of people get their accounts in order to prevent struggling financially after divorce. I know that right now, there is so much going on in your life, you may not have given much thought to getting your divorce financial picture under control. But, plain and simple: your financial situation is likely going to change dramatically, both during and after divorce. There are…

Understanding Spousal Support: The New Tax Bill Changes How Alimony Is Taxed

Property & Debt, Spouse

Starting January 1, 2019, one provision in the new tax bill could mean thousands of dollars saved or lost each year for those considering divorce.

How a Divorce Financial Planner Can Easy Your Transition

Lifestyle, Planning, Process, Property & Debt

Every month, I offer a workshop to women in my community who are either contemplating or in the early stages of divorce. At every Second Saturday workshop we invite a therapist, and a family law attorney to join me in discussing the different dynamics of divorce- emotional, legal, and financial. We cover a lot of basics, and what is most interesting, is that many attendees don’t even think to get a financial planner involved during the early stages of the divorce process. But, that is exactly when we should be involved. A well-trained divorce financial planner can help you understand the value and tax pitfalls of your marital estate, help propose or analyze settlement options, assist in completing your mandatory…

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