Get a Smart Divorce Blog

Divorce Settlements and the Long Term Financial Impact for Both Spouses

Posted on June 18, 2017

A divorce settlement needs to look at the short-term and long-term financial impacts.  In the short term, what can the husband afford to pay in child support and or alimony?  What are the monthly expenses (including taxes) for both spouses and the children?  What amount of alimony does the wife...…

Divorce and Alimony

Posted on August 7, 2017

Divorce and alimony are topics I discuss with clients every day.  It is really very straight forward and is all about the numbers... Attorneys tell me the main issues are how much does one spouse need and what is the other able to pay.  So, it is essential that both spouses have a solid...…

Financial Issues of Divorce

Posted on November 26, 2017

Financial issues of divorce need to be clearly understood by both spouses to ensure a fair settlement.  Think about this... divorce is 45% emotional, 45% financial and 10% legal... Find this suprising?  Perhaps you are new to the world of divorce?  Granted, every case is different but, divorce...…

Divorce and Taxes in 2018

Posted on February 11, 2018

Divorce and taxes is a topic I discuss with clients on a daily basis. The recent tax changes have significant impacts on divorce settlements. While understanding all of the changes can be overwhelming, below are common tax issues I've been explaining to and discussing with clients and their divorce...…

Divorce Mediation and Alimony

Posted on October 4, 2018

Divorce mediation and alimony are topics I review daily with clients in my Brentwood, TN office. It is not a mysterious topic... Attorneys tell me alimony is determined by 16 factors (length of marriage, education of spouses, earning potential, contribution to the marriage etc.) but the two key...…

Divorce and Business Valuations

Posted on December 24, 2018

Getting a family business valued is common in divorces in Nashville. There are three methodologies to value a business - The asset approach (What assets does the business own and what are the values of those assets?), the income approach (How much annual income does the business generate?) and the...…

Divorce and Tax Issues

Posted on January 18, 2019

Divorce and tax issues are topics we frequently discuss with our Nashville and Brentwood clients because the laws are always changing. For example, as of January 1, 2019 the tax laws have changed and alimony is no longer tax deductible to the payer. Another new change is taxes are not owed by the...…

DIVORCE AND ALIMONY

Posted on April 10, 2019

Alimony is a hot divorce topic regardless if you are in Nashville, Brentwood or Franklin Tennessee.  Calculating potential alimony is based on math... What does one spouse need and what is the other spouse able to pay?  Focusing on a very detailed expense worksheet is the best way to determine a...…

NASHVILLE DIVORCE AND MEDIATION FINANCES

Posted on May 18, 2019

If you live in Nashville and are considering divorce or mediation, focus on the finances. Why? Because divorce is 45% emotions, 45% finances and 10% law. You really need to get your finances organized and understood before you consult an attorney. Why? Because attorneys tell me they cannot give...…