New Year Financial Planning
New Year Financial planning requires teamwork on so many levels, and finances take a lot of communication, trust and planning. One of the leading causes of divorce is a disconnect between couples on money issues. Whether you are in a strained place in your relationship or taking steps to make sure you don't get there, it's important to take a thorough look at your finances to make sure things are in order. In our most recent podcast, Getting Your Finances Together for the New Year and Beyond, Kate Reese, a divorce attorney serving Northern VA, had the chance to talk to Jamie Blum, a divorce financial consultant and litigation support manager with Councilor, Buchanan and Mitchell, a CPA firm. Kate and Jamie identified some key areas of financial organization and thought.
Topics: Divorce Law, Property Distribution5 Questions About Divorce & Estate Planning | Divorce Lawyer
Kate Reese and Andrea Weiss Bryk discuss estate planning and some of the reasons that a divorce in Virginia is a life change that should prompt preparation or review of your estate plan.
Topics: Choosing a Lawyer, Divorce Law, Property DistributionWhen Getting a Divorce, Don't Forget Your Taxes
When a major change occurs in the family, the IRS will take an interest. Getting a divorce has tax consequences that frequently come up as an issue. While there are many ways that taxes are impacted by a divorce, here are some of the most significant to keep in mind.
Topics: Divorce Law, Property DistributionSocial Security and Divorce
With every paycheck, a person pays into social security and they accrue the right to benefits upon retirement. For many, this is a critical resource to make ends meet later in life. When a married person reaches retirement age, social security will pay the higher of the individual’s own retirement benefit or up to one half of their spouse’s benefit. But what happens if the couple divorces?
Topics: Divorce Law, Property DistributionGetting an Uncontested Divorce in Virginia
In Virginia, married couples can obtain an "uncontested divorce" if they meet all of the prerequisites and follow the correct procedures. As a streamlined process that minimizes the time and expense of a divorce, an uncontested divorce is highly appealing.
Topics: Choosing a Lawyer, Divorce Law, Property Distribution
