The Economic Divorce

11 20 2014

Organizing Child Support in Divorce-Part 2

Determining child support in a divorce is a complex issue

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Share Via The prior post, “Organizing Child Support in Divorce-Part 1,” introduces the concepts of child support in divorce. Let’s review the main points from that post: Child support overall is meant to cover the main costs of raising the children. Both parents pay child support. Who actually pays how much to whom is a […]

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09 11 2014

The Gray Divorce: Baby Boomers at 50 and Beyond

BJ Mann budgeting, financial assets

Gray divorces required different stratgies than divorces earlier in life

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Share Via As with so many of life’s assumptions, Baby Boomers are busting through many of the myths regarding aging. Now entering their 50’s and 60’s, Baby Boomers consider this period the “youth of our old age.” The notion of “until death do us part” has eroded; people over 50 want their golden years to […]

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06 13 2014

Anything But My Pension: Divorce Math

BJ Mann financial assets, pensions

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Share Via In a previous post, I discussed how divorcing couples divide financial assets and debts during divorce mediation. In it I provided an example of how the decision to share 401Ks, IRAs, and similar retirement savings funds is handled. In this post, I’d like to help you understand how a defined benefit pension is […]

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05 23 2014

A Price Tag on Emotions: Divorce Math

BJ Mann autos, debts, financial assets, house, retirement accounts

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Share Via Bob and Sally arrive for their first appointment and announce, “We have everything worked out. This will be an easy mediation for you.” What I know is that divorce mediation is never easy. In this case, Bob and Sally have no children and have been married for 12 years. They may have less […]

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05 09 2014

The Wolf Is At the Door—Sharing Money in Divorce

BJ Mann budgeting, child support, financial assets, grief, resiliency

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Share Via An elderly Cherokee Native American was teaching his grandchildren about life. He said to them, “A fight is going on inside me. It is a terrible fight, and it is between two wolves. One wolf is evil—he is fearful, angry, jealous and negative. The other is good—he is happy, peaceful, positive and content.” […]

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