Category Archives: Divorce and Finances | Eileen Coen, JD Mediation
What Is a Fair Divorce Financial Settlement? Child Support & Alimony Come Down to Dollars and Sense
Finding a fair divorce financial settlement. When it comes to alimony and child support, most divorcing couples are concerned that their agreement is fair. However, in my experience as a divorce mediator, both parties are most successful when they focus on the dollars first, rather than the sense. In other words, focus on what’s… Read More »
Can Divorcing Parents Share the Nest?
Divorcing parents sharing the nest. Creative parenting arrangements can take many forms, one of which is nesting. In a nesting arrangement, the children are the ones who “keep the house” while the parents take turns living there. For many families, nesting allows for the least possible disruption at a time when so much is… Read More »
An Expert’s Advice on Insuring Child Support & Alimony
People typically know that the cash value of a Whole Life insurance policy can be a marital asset and subject to division on divorce. But term life insurance and disability insurance are often overlooked in divorce negotiations since they accrue no cash value. That’s a big mistake, especially when there is child support or… Read More »
Private School and Divorce Economics
When the increased costs of maintaining two households strain the family’s budget, parents face the arduous task of making unwelcomed economic decisions. For divorcing parents whose children have been attending private school, one of the trickiest is whether or not to continue paying tuition. On the one hand, parents want to minimize the impact… Read More »
Four Common Myths About “The House” in Divorce
The house is the biggest marital asset for most people. That’s why when you are going through a divorce, it’s worthwhile to take some time to figure out how to use or divide this asset wisely. In this post, I examine four myths surrounding the family home and the role it plays in divorce.
Who Is Making the Decisions in Your Divorce?
When you’re going through a divorce, it’s understandable to be concerned, even afraid, about the many unknowns on the road ahead . . . But should you rely on a lawyer, judge, or other “expert” to make decisions about your divorce? What does the law say about divorce? – Well, that depends on the… Read More »
