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Graceful Exits

Latest From Our Divorce Blog

Understanding Taxes After Divorce

Most married couples I know choose to burden only one member of the couple with tax return preparation — delegation and work splitting are keys to a happy home life, after all. So, if you are divorcing after a long marriage, you may be doing your own taxes for the first time (or the first in a long time). The U.S. tax code is a mystery to the typical individual. But federal taxes (not to mention state and local taxes) are a big expense for most of us — and it’s hard to be tax-aware when you don’t even know the basic mechanics of the tax system. Here, I’ve put together a primer to get you started on your journey to understanding taxes a little better.

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Social Security After Divorce

Many divorce cases fail to settle in a timely fashion because of fights over money. How to divide the house, bank accounts, retirement accounts, investing accounts, and so forth can take a good deal of back and forth. One asset some couples try to fight about is Social Security Benefits. But I have good news! Social Security Benefits are one thing you don’t need to address in your divorce settlement. The Federal government already has rules in place for how a divorced person can claim Social Security Benefits, and very little that your soon-to-be-ex-spouse does will affect your benefit.

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Health Insurance & Divorce: What Are My Options?

Most of us have an opinion one way or the other about how health insurance works here in the U.S. Regardless of how you feel about the current system, the fact that insurance coverage is often tied to employment means that a non-working or part-time employed spouse in a divorce proceeding may have some healthcare challenges ahead of them after the divorce. If you are in a divorce proceeding (or considering initiating a divorce) and healthcare is on your mind, this article is for you.

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Child Support in a Texas Divorce: What Will it Cost?

Depending on what side of your divorce case you are on, you may be wondering: “How much will I pay in child support?” or “How much will I get in child support?” These are key questions if you are trying to figure out post-divorce finances, and this is one of the few divorce questions we can answer with some measure of confidence.

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Can Divorce Be a Good Thing?

The tropes of the “unhappily divorced man” or “bitter divorcee” are prevalent in our society. We see these characters depicted on TV, in books, and in movies. You may even know someone who never quite got over their divorce, who is still mourning even long after the case is settled. And no matter the real circumstances, there seems to be a perception that divorce is always a personal disaster or black mark on one’s life. But it is possible that your divorce can be the best thing that ever happens to you. In reality, there are plenty of benefits from divorce that you may not yet see while you’re in the thick of it.

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Investment Basics for Your Post-Divorce Life

It is common in divorce cases for one spouse to be more financially- or investment-savvy than the other. Maybe this is by accident, or maybe it’s by design. Either way, if you’re newly divorced with a settlement to administer and you’re the less-investment-savvy spouse, you’ve got a learning curve to navigate. I know from experience that having to learn about finance and investing can be one of the most stressful elements of someone’s post-divorce life. This article is designed to equip you with basic knowledge.

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