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Wealth Protection Management Articles

Wealth Protection Management Articles

Articles & Blog

Confronting your overspending spouse

Lili Vasileff Is Quoted In A Recent Article By Brittney Laryea For Magnify Money On How To Handle A Spouse Who Is Chronically Overspending. Lili Says, “Financial Infidelity Is Not A Financial Exercise, Its An Emotional Exercise. Sometimes Overspending May Be The Result Of Miscommunication, Emergency Spending, Or Unrelated, Deeply Seated Emotional Issues Like An Addiction.”

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Articles & Blog

Is Divorce Becoming a Tax Strategy Game?

As professionals, we must consider how to address the ripple effect of the repeal of the alimony tax deduction and other uncertainties in the new tax law. Divorce has become a tax strategy game with no clear direction.

Many couples who are racing to divorce in 2018 may be surprised to learn that even though the tax character of alimony remains unchanged in 2018 and will be grandfathered, other changes in personal and business income taxes will absolutely impact their financial outcomes. Clearly, the spectrum of changes in the “Tax Cuts and Jobs Act” (H.R. 1) for individuals ranges from tax brackets, deductions, and tax credits to tax shelters.

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Articles & Blog

Baby boomers are divorcing at a stunning rate

Looking ahead to the next phase of life can seem pretty dreadful if you can’t stand the person who you’ll be spending it with.

That may be what some boomers are facing. Among U.S. adults ages 50 and older, the divorce rate has roughly doubled since the 1990s, according to a Pew Research Center report. Statistically speaking we’re healthier and probably going to be living a lot longer — possibly 30 years longer — than average retirees once did.

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Articles & Blog

9 Expert Tips For Negotiating an Alimony Settlement

Second only to child custody, alimony is one of the most contentious and difficult-to-navigate processes in any divorce. When two people are splitting up, particularly when that split is acrimonious, the last thing either of them wants to discuss is the prospect of giving money to each other. But, the topic has to be dealt with and the only way to do it successfully is to go in armed with as much knowledge as possible.

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