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I am pleased to announce the launch of my new website that features timely articles for divorce professionals and their divorcing clients.
The Institute for Divorce Financial Analysts™ is the premier national organization dedicated to the education and certification of financial professionals in the divorce arena. Plus it’s the only organization authorized to issue the coveted CDFA™ designation.
I have recently completed the Institute’s extensive educational program in professional divorce analysis and am now a Certified Divorce Financial Analyst™.
My goal is helping attorneys and their clients determine the short-term and long-term financial impact of any proposed divorce settlement. In the process, I give attorneys the tools they need to prove and settle their case, even if it ends up in court. Then when needed, I work with clients after the final decree so they can have a financially secure, dignified post-divorce life.
Read the full story »Cary Stamp & Company team members, Carl Watkins and Cary Stamp, recently attended the Association of Divorce Financial Planners (ADFP) 9th Annual Conference in Rye Brook, New York. The conference was designed to provide continuing education for divorce financial planners to increase their knowledge in advanced financial topics related to divorce.
Several sessions focused on Collaborative Divorce topics and heightened awareness of the benefits and added value of divorce financial planning as an integral part of the divorce process. Topics included strategies for creative thinking to …
By: Cary B. Stamp, CFP®, CDFA™
Recent court rulings in Florida divorce cases have held that when the alimony calculation is made in a divorce case, all “available sources of income,” including potential withdrawals from equitably distributed IRA and retirement (“Qualified”) accounts should be included (Niederman v Niederman 60 So.3D 544) These cases have held that even if the recipient is under age 59 ½ and not normally eligible to make a withdrawal without a penalty they may do so using an exception to the normal rules under IRS …
FAQ: Divorce Florida Style
By Michael H. Gora
Q My husband and I are going through the divorce process, and have been for about six months. We have a mediation coming up. To prepare I sat down with a friend of mine to go through her divorce settlement.
Last night my friend and I were discussing insurance issues. I have been married for over twenty years, and we are both forty-five years old, and in good health. We have two kids, one …
by Linda Lipshutz MS, LCSW
I recently received a call from a woman I’ll call Susan. I’ve changed the details, but her story will come through just the same.
“The holidays were absolutely awful! My husband Mike’s two kids came to spend a week with us. His 18-year-old son Dylan can be friendly enough, but pair Dylan up with his sister Jenna and the two of them are impossible. Jenna is 16, but she behaves worse than a two year old.
Christmas Day, the three of them were laughing …
Divorce Florida Style
By Michael H. Gora
Q: For two decades, my husband and I ran a restaurant. We don’t take credit cards. We also do not pay much in income taxes, as our cash registers always run out of tape when we are busy. Instead of having a 401k we have (had) trunks full of the green stuff, and I do not mean spinach, all over the house.
Two weeks ago, I took my sister to New York for ten days. …