The advance payments of the enhanced child tax credit are set to start next month, but a big question on many parents’ minds is whether they will end up owing on their taxes next year if they immediately spend the money.
For some parents, the answer is probably yes, they will end up owing money next tax season.
Why would somebody consider a prenuptial agreement? It's not always right for everyone, but there are often very valid reasons for having one. It actually should come as no surprise that the overall divorce rate in the United States has been fairly stagnant since the 1970s, with the exception in the last two decades, of gray divorce or… Read More
Financial education is so important. Financial literacy is a journey. My suggestion to you is if you are going through this process of a divorce or a transition, you need an advocate. You need support, and you need to learn. And learn in the way that you digest it well, so that you are confident about the financial… Read More
Check out Lili's latest appearance on the The Divorce & Beyond Podcast with Susan Guthrie, Esq.. Gray divorce has a disproportionate financial impact on many soon-to-be retirees since the division of assets happens closer in time, or during retirement. This makes financial literacy during and after the divorce even more important then ever.⠀ Lili shares the pitfalls to be… Read More
This week in the news we had the announcement of the divorce of Bill and Melinda Gates. Unlike many divorces, seemingly they've reached an agreement in private as to how they will split and divide not only just their assets but also deciding on their intentions and aspirations for what their legacy will be. This reminds me of why… Read More