Divorce

What to Do When Your Term Life Insurance Is Expiring

Life Insurance

In an ideal world, you buy life insurance when your kids are young or you’ve purchased your first home, and you need the coverage only for about 20 years. By the time your policy nears the end of its term, your kids are on their own, your house is mostly paid off, and you’ve accumulated…

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How to Replace Willpower in Spending

Willpower and Healthy Money Habits - Bonnie Sewell - American Capital Planning

Nobody dropped out of our plant-based lifestyle group class after the first week.  Comparing notes, others lost 5 lbs. just like I did.  Changing habits is a universal challenge among the classmates I spoke to.  Not eating any dairy, meat, or any other animal products along with no sugar, no oil and no added salt…

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Healthy Money Habits: How to Make Change Stick

Healthy Money Habits - American Capital Planning

Change is hard.  And change is slow.  At least this is true for me and the changes I’m trying to make permanent when it comes to healthy eating.  I have incentives: age, appearance, and most importantly, ankles.  My two titanium ankles are constantly asking me to “lighten up”.  I know what to do, yet I…

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Critical Mistakes to Avoid After Divorce

By Bonnie Sewell Unfortunate fact: a woman’s standard of living, on average, goes down by almost 30% after divorce. If you are a woman in this unfortunate situation, seek care and consideration from a financial adviser with expertise in helping clients going through a divorce. Understanding what women face financially after such a big transition includes recognizing…

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IRS, Crypto Currencies, and Your Divorce

In our divorce workshops this past weekend, we shared information on tax reform and the impact on divorce settlements.  Consider this, however – the best tax planning under the new law could become perilous if the regime changes as early as midterm elections.  The next potential upheaval would be 2020 after that and, of course, except…

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The Price of Free Advice

Joanna made plans to celebrate.  At 10:06 am on February 22nd, 2007, her divorce was finally final!  A bit too early to enjoy an adult beverage, she headed straight for the outlets.  Retail therapy was in store and she looked forward to some healing!  Have any friends who’ve done this?  The people who love Joanna…

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How The Divorce Financial Planning Process Works

You may be wondering how the divorce financial planning process works. To get you through your divorce negotiations successfully, you’ll need a road map which is our flat fee financial analysis.  For this analysis, we first talk about what you need and what you want.  Then we look at what you owe, what you own,…

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We’re Getting Divorced – Will I Get Spousal Support?

A question we’re often asked is “Will I get spousal support?”. The answer is, maybe.  Spousal support, also known as alimony or maintenance, is a transfer of income, generally from the spouse who earns more to the spouse who earns less. It’s often based on the ability of the higher earner to pay and the…

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