Get a Smart Divorce Blog

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 financial fears in Nashville / Davidson County and Brenwood / Williamson county are common.  Having some finacial fears during this time is to be expected because intelligent people understand the stakes are high.  Considering the short and long-term impacts as well as tax consequences of...…

If you are considering divorce, you will have to decide how to spend your money on professional fees.  For example, a client called my Brentwood office about a month ago and said she needed help understanding her expenses so she asked her CPA to help her.  I asked her what experience her CPA had...…

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 and children's expense are a topic that many divorcing couples fail to adequatley address.  Why?  Because they are so distraught and distracted that they are not thinking clearly.  Because they likely have not been divorced before, they don't know what they dont know.   For example, I...…

Divorce and dividing stock options are topics I frequently review with clients in my Nashville and Brentwood, TN offices.  It is important to understand the stock options are tied to the spouse who is emplyed by the company issuing the options and typically cannot be transferred to the other...…

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...…

If you are considering divorce mediation in the Nashville area, remember to address tax issues. Since the financial issues of divorce are 45%, it is critical that you pay attention to the numbers. Do not assume your attorney will understand or explain the tax issues to you. Consider such questions...…

This week I have had three clients in my Nashville and Brentwood / Franklin offices ask me how to divide RSUs or restricted stock units in a divorce settlement.  So, this blog will focus on RSUs.  An RSU or, restricted stock unit can be given to an employee as part of their annual compensation...…

I was speaking with a new client yesterday and discussing the importance of understanding the tax consequences of her divorce settlement. Like most of my clients, she had not paid the family bills or addressed paying their taxes. She was totally unaware of how ignoring tax issues could cost her...…

Nashville Divorce Client Did Not Understand Federal Tax Consequences A client in my Nashville, TN office told me that he wanted to keep the investments / stocks and his wife could keep an equal amount of cash. He was a very successful business owner and informed me that this is what he wanted to...…

A client came into my Brentwood, TN office this morning and asked to discuss options for paying off their marital debts.  Paying off the debts meant both spouse's monthly expenses will be reduced and both spouses will be able to start their new chapter with less financial baggage weighing them...…

A client came into my Brentwood, TN office today and mentioned he wanted to pay his wife lump sum alimony rather than paying her alimony over time.  He told me he just wanted to get the payments behind him.  I can understand his position...  We discussed what amount of monthly alimony he would...…

A potential client called my Brentwood, TN office this morning and told me their divorce was bery simple and they wanted me to handle their case.  I asked if they had considered the federal tax issues... They had not considered if there were any tax issues... My reply was, "There are alwasy tax...…

A divorce attorney referrred their client to our office because the financial issues were beyond the attorney's knowledge base.  My task was to discuss the vested and unvested stock options and come up with a plan to divide these assets.  The solution was really quite simple.  I explained how to...…