Archive for the Estate & Business Planning Category

How Personal Goodwill Affects Business Valuation in a Divorce

I have been asked to value professional services businesses (law firms, accounting firms, medical practices, engineering firms, consulting firms, etc.) in a number of instances for marital dissolutions in Bucks, Chester, Delaware, Montgomery and Philadelphia counties. When performing such valuations, it is important to consider the personal

Read more

When Is A Dollar Not A Dollar?

As a financial advisor, I think one of the most confusing aspects of money is that not all of it works the same way. This becomes much more apparent in the divorce process for property distribution. Many of my clients are surprised to find out that often

Read more

SEPARATION, DIVORCE AND THE MARITAL RESIDENCE

The discussion about division of assets initially revolves around the marital residence, as jointly owned real estate and retirement are perhaps the most significant marital assets subject to distribution in a divorce. The decision whether to retain or sell the residence can be laden with emotion and

Read more

Social Security and Divorce: How Social Security Benefits are affected

From DivorceNet.com Are you receiving Social Security Benefits and getting a divorce? You may be able to claim benefits based on your former spouse’s work record. If you were married to someone for ten years or more and then divorced, you may be able to claim retirement

Read more

The Financial Impact of Divorce

Jun 14, 2012 By Craig Guillot for Mint Life Divorce is not only an emotionally trying experience, but it can be a financially devastating one, as well. According to the web site Maritalstatus.com, the average cost of a divorce in the United States now runs about $20,000.

Read more