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.…

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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…

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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…

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Taxes and Divorce: Six Tips For Women

CLFG San Diego member Justin Reckers, Director of Financial Planning at Pacific Wealth Management and Managing Director at Pacific Divorce Management, shares this recent article from Forbes Magazine with tips to help women (and men, too) who were divorced in 2012 or going through a divorce now that will help you avoid paying higher taxes…

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Don’t Let a Gray Divorce Put You In The Red Financially

                        The issues surrounding a “Grey Divorce” – divorcing in your 50s, 60s, or later years  – present many of the same issues that occur when divorcing at earlier ages. However, the fact the divorce is happening later in life can present unique financial…

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Fox 5 News Interview, January 7, 2013: Make 2013 A Better Year for Your Wallet featuring CFLGSD Member Justin Reckers

Justin Reckers, CFP®, CDFATM, AIF®, Managing Director of Pacific Divorce Management and immediate past board chairman of CFLG San Diego, was recently interviewed by reporter Christian de la Rosa of Fox 5 News in San Diego on tips to improve your financial health in 2013. See the report here for Justin’s excellent advice, whether you’re…

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