Divorce

Divorce2021-01-28T00:28:23+00:00

Divorce can include long-term financial effects

While the reasons for a divorce are typically emotional, keeping a clear head about the realities of the many financial implications is key. Here are some of the issues that arise in our conversations with clients contemplating or in the process of a divorce.

  • Our overall financial situation isn’t completely transparent to me.

  • I’m worried about what this means for my financial future.

  • I want to make sure I am aware of all financial considerations before I make some big decisions. 

Modera can work with you and your attorney to help you:

  • Establish your financial independence.

  • Create a personal financial plan for now and the future.

  • Understand the proper valuation of all marital assets prior to a settlement.

  • Identify all the government and tax benefits to which you’re entitled.

Educational Articles:

Building Your Divorce Team

If you are considering a divorce, you are not alone. Statistics show that almost 50% of all marriages in the United States will end in divorce or separation. While divorce is becoming less common for younger adults, rates for those adults age 50 and older has roughly doubled in the past 25 years. Given these trends, the need to understand the divorce process becomes that much more important.

Divorce, Good to Know|

Planning Checklist for Your New Financial Future

This checklist was created to help you organize your affairs before or during a divorce. Your individual situation will dictate other items which may need to be addressed. We suggest discussing your plans with your “divorce team”: your legal, financial, and tax advisers. The time to get these professionals involved is at the beginning stages of divorce, but it’s never to late to get started. Your financial advisor will be able to help you prioritize your financial goals throughout the divorce process.

Divorce, Good to Know|

Divorce Planning Checklist

This checklist was created to help you organize your affairs before or during a divorce. Your individual situation will dictate other items which may need to be addressed. We suggest discussing your plans with your “divorce team”: your legal, financial, and tax advisers. The time to get these professionals involved is at the beginning stages of divorce, but it’s never to late to get started. Your financial advisor will be able to help you prioritize your financial goals throughout the divorce process.

Divorce, Good to Know|
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