Women facing difficult transitions could benefit from professional financial advice. Such major transitions include divorce, illness, and loss of a spouse. Each of these changes may have a negative effect on a person’s financial capacity to meet life goals, such as paying for children’s college expenses, maintaining a comfortable lifestyle and retiring as planned. This […]
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Same-sex couples may encounter additional and unique difficulties during divorce. Same-sex marriage was legalized in 2015 and before that some states allowed for domestic partnerships. In such cases, it may be necessary to dissolve the domestic partnership in addition to the legal marriage. If a couple lived monogamously prior to the legal marriage, there is […]
Since the start of the new year, federal workers have not received their paychecks due to the government shutdown. Andrew Samalin of SICounsel provided financial advice to affected individuals, specifically how they can best protect their finances. Watch the video and read more by clicking here.
The Tax Cuts and Jobs Act of 2017 (TCJA) has eliminated the deductibility of alimony after December 31, 2018. It is expected that the loss of the payer’s tax benefit may have the effect of reducing alimony payment to the payee. This article proposes some options and drawbacks to consider relating to the TCJA, prenuptial agreements and […]