As a business owner, you are most likely familiar with insurance products that will protect your assets and your employees. However, have you thought about how to protect your business from a divorce? Whether you created your business before your marriage or during your marriage, you should consider ways to protect it by means such […]
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There are several financial issues that should be carefully considered during divorce. For example, workplace retirement accounts like 401(k)s and pensions must be divided pursuant to a qualified domestic relations order (QDRO). Also, student loans taken out before marriage and then repaid with marital funds may provide an opportunity to claim a credit when negotiating […]
SICounsel advisor Matt McKee has been quoted in the article “6 Reasons Why Your Efforts To Save Are Not Adding Up” on FinanceandMarkets.com. Click the link here to read the full article.
A divorce completed in 2019 has different tax consequences than one completed in 2018. This is a result of the Tax Cuts and Jobs Act of 2017 which included some changes that affect divorcing couples making 2018 the last year when alimony is deductible to the paying spouse and taxable to the receiving spouse. This could affect the negotiation of […]