Divorce is a time of great emotion, transition, and planning. Your client may be the initiator of the divorce or the party who is on the receiving end of notice – but either way, the financial union is soon to be over, and your client will need expert financial guidance. Most likely, you will need…
Marital secrets, forged signatures and warring spouses – molehills, not Madoff, plague most financial advisors. By Janice Fioravante July 1, 2012 <A HREF=”http://ad.doubleclick.net/jump/financial-planning.com/;abr=!ie;pg=_ros;sz=300×250;pos=2;tile=4;ord=19782503?”><IMG SRC=”http://ad.doubleclick.net/ad/financial-planning.com/;abr=!ie;pg=_ros;sz=300×250;pos=2;tile=4;ord=19782503?” border=0 width=”300″ height=”250″></A> Financial planners are still trying to live down Bernie Madoff’s mayhem. FINRA may be named to regulate investment advisors. Most wealth managers, though, aren’t wrestling with Ponzi schemes…
Financial planning in preparation for divorce can be an overwhelming and intimidating process. Lili Vasileff, CFP, president of the Connecticut-based Divorce & Money Matters and president of the Association of Divorce Financial Planners, is a pioneer in an industry that she believed was not addressing perhaps the most intimidating question facing women going through a…
By: Elizabeth Alterman Published on CNBC.com http://www.cnbc.com/id/46797194/page/2/ on May 7, 2012 If you think providing for your children after divorce is basically about diapers, dentistry, and diplomas, you’re in for a life of surprises. Whether you’re supporting preschoolers or those who have returned home after college, experts say preparing for any scenario and putting everything…
April 24, 2012 By Karen DeMasters Each financial advisor who manages mutual funds for his clients has a favorite or two that fulfills a specific goal in their clients’ portfolios. Financial Advisormagazine recently asked several advisors to reveal their favorites. The advisors, who report they are satisfied with the expenses compared to the…
Original Article on https://retirementplans.vanguard.com/VGApp/pe/pubnews/DivorcedWomen.jsf The divorce proceedings may be over and the papers signed. But for many, divorce brings a new challenge: Figuring out how to handle the financial decisions—on everything from budgeting to investing—that may have been handled before by their spouse. What steps should the newly divorced take to get a grip on…
Thursday, March 29, 2012 at 12:40 PM posted by April Daniels Hussar on http://www.self.com/health/blogs/healthyself/2012/03/new-york-citys-first-divorce-e.html First comes love, then comes marriage, then comes … well, sometimes the happy ending you had in mind doesn’t quite work out. But that doesn’t mean there isn’t life after divorce, or that it can’t be a step to another, truly…
Attorneys often split contracts in divorce settlements, unaware of the potentially costly impact By Darla Mercado March 18, 2012 When a client came to his office bearing her new divorce decree, adviser Dale Russell became the bearer of bad news. During the divorce proceedings, the couple’s lawyers decided that their chief financial asset, a $500,000…
By FPA Member Lili A. Vasileff, CFP®, CDFA™ Published: January 27, 2012 As Baby Boomers approach the last hurdle before the magic retirement age of 65, it is becoming increasingly newsworthy that growing legions of older Americans are untying the marital knot. With this trend for “gray” divorces, there are several challenges: dividing one household into…
Divorce Retirement: Financial Advisers Face Challenges When Couples Split Later Posted: 03/12/2012 1:11 pm By Jessica Toonkel NEW YORK, March 12 (Reuters) – As part of the retirement planning process, financial advisers often help married couples prepare for the eventuality of one dying before the other. What few people talk about is what happens…
