How Can Supportive Divorce Solutions Help You?
Divorce Consulting Services
After your consultation, you will be provided with an estimate for the recommended services. Services are provided at an hourly rate and/or retainer basis. Pricing is transparent and based on the complexity of your finances and the services you wish to use.
Getting Started with Your Divorce
How to Pay for Divorce
Preparing the Financial Affidavit (Statement of Net worth)
Calculating Spousal Support and Child Support
Preparing a Budget
This is one of our most popular services. While we can always make a budget after your divorce, we prefer to get you started as soon as possible. There are two reasons for this; 1) one of the biggest fears is not knowing what your income and expenses will look like, it’s paralyzing, so let’s address it and feel liberated, 2) When preparing the budget before the settlement is signed we can negotiate for assets and debts that are going to better suit your cash flow needs after divorce.
Understanding Taxes and Penalties
At Supportive Divorce Solutions we know pensions like the back of our hand. They are complicated and if you don’t understand how they work, you can walk away from hundreds of thousands of dollars! We offer many services relating to pensions, including: valuation, pre-survivor benefit analysis, post-survivor benefit analysis and correct language needed in a settlement agreement to execute a QDRO the right way so you can get your share!
Evaluating Retirement Accounts
401k? IRA? 457? The list goes on. Each of these accounts have their own tax rules. In addition, they must be divided differently after divorce. Most often we see problems in these areas: the wrong statement being used to underinflate the value of the asset, withdrawals being made before the divorce is over and no one knows, and settlements instructing the wrong way to divide accounts, which means you will not get your money right away. We educate our clients on the ins and outs of retirement plans and how to best plan successfully for your future.
Should You Keep the Marital Home?
Should I stay or should I go? This is a tough decision and the most emotionally charged one usually. It doesn’t have to be cut and dry – stay or go. There are options for the short term and long term. This service is combined with our budget after divorce service so that we can see if you can afford the home. It also will depend on other assets available and ability to refinance if needed.
Planning for Children’s Expenses and College
Sadly, this is another area that mediators, and more so attorneys, fail to address completely. We are here to tell you what you don’t know. We discuss expenses that are not covered by child support (there are a lot!) and what can be done now to address them and get them into the agreement so your ex is held responsible for fully providing for the children.If this is not addressed during the divorce, this will cost you $20,000 – $150,000 depending on your situation.
Creating the Best Settlement for You
Most agreements are done the traditional way – just split everything down the middle. This is usually not the best ending – for both parties. With our Divorce Settlement Software, we can craft creative settlements that give you a step up for the next chapter of your life. You do not need to divide every pension or 401k. You do not need to split the bank accounts equally. There are many ways to get to an equitable distribution. We advocate for the best financial future for our clients, but we usually find that with our creative negotiations it helps your ex-spouse as well resulting in a faster settlement agreement.
Assessing Insurance: Health, Life, Disability & Long-Term Care
Not sure what to do about your insurance? We have your back. Many of our clients will need health insurance when the divorce is over, and we will make sure you are insured before the divorce is final. We educate clients on the importance of carrying the right amount and kind of life insurance to protect child support, spousal support and the future of your children. Many of our clients also realize that they want to make sure they are never again financial dependent on anyone. We also assess the need for a disability or long-term care policy. Auto and home insurance? We can help there too.
Expert Witness in Court
A very small percentage of litigated cases go to trial. When they do, we are right by your side. Working with your attorney, we will provide documentation, reports, and summaries for the court. When it’s time for trial we are with you all the way, testifying as an expert witness.