Tag Archives: taxes

What You Should Know About Filing Your 2021 Taxes After Divorce

Tax documents with calculator and pencils.
Divorce is never easy. It’s filled with twists and turns that you usually don’t see coming. But when you use a non-adversarial approach, such as the collaborative divorce process, you both will work with a team of professionals that can help guide both of you and help you sort out your tax filing needs. One of the professionals on the… Read More

How Does Divorce Affect Your 2020 Tax Filing

How Does Divorce Affect Your 2020 Tax Filing - Collaborative Practice San Diego - taxes, divorce, collaborative divorce, tax filing - Copyright: kenishirotie / 123RF Stock Photo
Not only does a divorce bring emotional turmoil, but it also brings financial fallout, especially during tax time. When you agree to use collaborative divorce process, you have access to neutral financial professionals who can help with you plan for taxes going forward and help both of you develop an agreement that each person can sign off on. Here are… Read More

Stock Options and Restricted Stock In Divorce

by Thea Glazer, CFP®, CDFA™, MS Accounting Glazer Financial Advisors When dividing property in a divorce settlement, stock options and restricted stock may be part of the marital estate. This brief overview provides a basic understanding of the factors you need to take into consideration. It does not go into all the many tax and technical issues that are aspects… Read More

Broken Trust: Advice About Estate Planning During A Divorce

by Meredith L. Brown, Esq. Brown & Brown Many couples prepare Wills and Trusts in connection with a happy life event, such as the birth of a child. Frequently these documents are placed in a safe deposit box, never to be updated or even thought about again. When the unfortunate life event of divorce happens, couples often opt to defer… Read More

Claiming ‘Head of Household’ Status, Dependent Children During Divorce

by Alex Kwoka, Attorney at Law, Law Office of Alexandra M. Kwoka If you are considering separating or divorcing,  and/or moving from the marital home with a child or children, thinking about how you will file your tax return is important. First:  When will you separate into two households? If you move out after June 30 in the tax filing… Read More

Division of Marital Assets in Divorce: Fairness and Respect

A recent Forbes Magazine article offers advice specifically to women about assets in a financial portfolio that they might overlook when working on the division of those assets in a divorce. From a practical standpoint, it’s true that people don’t always clearly identify or think about all of their “assets” at the time of divorce. But those of us involved… Read More

The Defense of Marriage Act, Prop 8 and Divorce: What Now?

Following the U.S. Supreme Court’s ruling striking down the Defense of Marriage Act (DOMA) today as unconstitutional, and declining to rule on Prop 8, therefore allowing legal same sex marriage in California, there are numerous ramifications. Some of them have to do not with marriage, but with divorce. For example, what are the financial ramifications for same sex couples during… Read More

State of Washington Encourages Collaborative Divorce

The State of Washington passed new legislation which encourages couples to consider collaborative divorce, keeping families out of courtrooms. The bill signed by Jay Inslee is called the Uniform Collaborative Law Act.  It allows couples to agree on terms of their divorce without going to court. The members of CFLG San Diego congratulate Governor Inslee and the legislature for making… Read More