Dexter Grosse Pointe Michigan Financial Planner Financial Advisor Investment Management
Going through a divorce is one of life’s greatest emotional stressors, even when you’re the one who initiated the process. One aspect that often causes significant stress is dividing personal property. As a Certified Divorce Financial Analyst (CDFA), I’ve witnessed firsthand what can happen when emotion takes control. I’ve had clients spend thousands of dollars …
The Great Divide: Making Splitting Stuff in Divorce a Piece of CakeRead More
Spousal support (also known as alimony or maintenance in other states) is often complex and a gray area in Michigan. Because Michigan doesn’t have written guidelines or a formula for spousal support, its determination can be largely based on the discretion of a judge. However, since the vast majority of divorce cases in Michigan aren’t …
If you are in the process of divorce or if your divorce was final sometime this tax year or prior, you are probably unsure about the impact of divorce on your taxes. In fact, I seem to get the same questions every year around January, when it is too late to do any tax planning …
During a divorce, most people anticipate that their credit score might temporarily go down a bit. However, some of my divorcing clients experience sustained and significant declines in their credit score. Why does your credit score matter? If you’re planning to refinance an existing mortgage into your name, buy a new house with a reasonable …
Five Tips to Protect Your Credit Score During DivorceRead More
This month, I interviewed my own former spouse David Roessler on my podcast, “Wealthy After Divorce”, which will air on July 21, 2022. Dave is the owner of Divorce Solutions, a Southfield, Michigan based Qualified Domestic Relations Order (QDRO) preparation firm and has over 20 years of experience working in the QDRO minefield. I am …
Is Time Running out on Getting Your Qualified Domestic Relations Order?Read More
Although most professionals understand the need for advice that’s specifically geared to the financial issues in divorce, occasionally, a potential client asks me why they need a Certified Divorce Financial Analyst (CDFA). When so much money is already being spent on legal fees, does the average divorcing client need a specialized financial expert? The reality …
