Health Insurance After Divorce: Your Options and Costs
Nanette Ignjatovic Nanette Ignjatovic

Health Insurance After Divorce: Your Options and Costs

After a divorce, securing health insurance can be a major concern, especially if you were covered under your spouse’s plan. In this blog post, we explore options like COBRA, marketplace plans, employer coverage, Medicaid, and short-term plans to help you maintain coverage. We break down the costs and benefits of each option so you can make the best choice for your financial well-being. Consult a CDFA or health insurance expert to discuss your unique situation and help you make a choice that aligns with your current circumstances and future plans.

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7 Key Steps - Estate Planning After Divorce
Nanette Ignjatovic Nanette Ignjatovic

7 Key Steps - Estate Planning After Divorce

Divorce affects nearly every area of life, including your estate plan. Updating your plan after a divorce is crucial to ensure your assets go where you intend and to prevent unintended inheritances to an ex-spouse. In this blog post, we discuss 7 key steps to take when revisiting your estate plan post-divorce.

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Protecting Your Inheritance in Divorce: How to Keep it as Separate Property
Nanette Ignjatovic Nanette Ignjatovic

Protecting Your Inheritance in Divorce: How to Keep it as Separate Property

Inheritance can remain separate property during a divorce, but only if it’s handled correctly. By avoiding commingling with marital funds, keeping documentation, and considering legal agreements like prenuptial or postnuptial contracts, you can protect your inheritance and ensure it remains yours. Consulting with financial and legal professionals can provide the guidance you need to safeguard your assets during this challenging time.

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Tax Tips: Understanding the Tax Implications of Your Divorce
Nanette Ignjatovic Nanette Ignjatovic

Tax Tips: Understanding the Tax Implications of Your Divorce

Divorce not only changes your personal life but also has significant tax implications. From your filing status to exemptions and deductions, understanding how divorce affects your taxes can help you avoid costly surprises and plan for your financial future. In this blog post, we explore the key tax consequences of divorce and offer tips to help you navigate these changes.

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The Cost of Divorce: Budgeting and Planning for Expenses
Nanette Ignjatovic Nanette Ignjatovic

The Cost of Divorce: Budgeting and Planning for Expenses

Divorce can be a costly process, but with careful budgeting and strategic planning, you can manage expenses and protect your financial future. In this blog post, we explore ways to budget effectively, reduce costs during a divorce, and explain how a Certified Divorce Financial Analyst (CDFA) can be a valuable resource.

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Legal vs. Financial Advisors: Understanding Their Roles in Divorce
Nanette Ignjatovic Nanette Ignjatovic

Legal vs. Financial Advisors: Understanding Their Roles in Divorce

Legal and financial advisors play essential but different roles in divorce. While attorneys focus on legal representation, financial advisors concentrate on financial planning. Together, they provide comprehensive support, helping clients make informed decisions and achieve favorable outcomes during divorce.

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How to Prepare for Divorce Mediation
Nanette Ignjatovic Nanette Ignjatovic

How to Prepare for Divorce Mediation

Divorce mediation can be a more amicable and cost-effective way to resolve disputes compared to traditional litigation. Proper preparation is crucial to ensure that the process goes smoothly and results in a fair agreement for both parties. Here are some essential tips to help you prepare for and succeed in divorce mediation, with a special emphasis on financial planning.

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Protecting Your Credit: Essential Tips for Navigating Divorce
Nanette Ignjatovic Nanette Ignjatovic

Protecting Your Credit: Essential Tips for Navigating Divorce

Amidst the financial considerations during divorce, it’s crucial to safeguard your credit to help ensure a stable financial future post-divorce. Many divorces will have an impact on both individuals’ credit scores due to closing accounts and adjustments to debt, but there are some ways to help minimize the impact and work towards improving credit scores post-divorce. Your credit score impacts many aspects of your life, from obtaining loans to renting an apartment. Here are some essential tips for protecting your credit during and after divorce:

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Preparing for the Conversation: 5 Financial Steps Before Discussing Divorce
Nanette Ignjatovic Nanette Ignjatovic

Preparing for the Conversation: 5 Financial Steps Before Discussing Divorce

The decision to end a marriage can be one of life's most significant and challenging moments. Before approaching your spouse with the news, it's crucial to lay the groundwork, especially when it comes to financial matters. In this blog post, we explore five financial steps to take before discussing divorce, ensuring a smoother transition for both parties involved.

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Unraveling the Role of QDROs in Divorce: More Than Just Retirement
Nanette Ignjatovic Nanette Ignjatovic

Unraveling the Role of QDROs in Divorce: More Than Just Retirement

One crucial tool that plays a pivotal role in navigating asset division in divorce is the Qualified Domestic Relations Order (QDRO). While commonly associated with retirement plans, a QDRO has broader applications, including addressing past-due child support. In this blog post, we discuss what a QDRO is and explore its various uses in divorce proceedings.

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Guest Post - Establishing Effective Boundaries
Nanette Ignjatovic Nanette Ignjatovic

Guest Post - Establishing Effective Boundaries

Divorce is a complex journey, filled with a multitude of emotions and challenges. Among the many hurdles that arise during this process is learning to establish and maintain clear boundaries with your ex. Failing to set boundaries can give rise to various problems such as your personal well-being and personal space, remaining co-dependent on your ex, may complicate the financial situations and it can cause difficulties in co-parenting. By understanding these challenges, we can explore strategies to overcome them and foster a healthier and more empowering divorce journey.

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5 Resolutions for a Prosperous New Year
Nanette Ignjatovic Nanette Ignjatovic

5 Resolutions for a Prosperous New Year

As the New Year unfolds, it's an excellent time to reflect on your financial well-being and set resolutions that pave the way for a more secure future. Whether you're looking to enhance your savings, eliminate debt, or invest wisely, here are five financial resolutions to consider for the upcoming year:

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Navigating Divorce and Financial Strain: Creating a Supportive Holiday Atmosphere for Your Children
Nanette Ignjatovic Nanette Ignjatovic

Navigating Divorce and Financial Strain: Creating a Supportive Holiday Atmosphere for Your Children

The holiday season can be a challenging time for families, especially when going through a divorce and facing financial constraints. As parents, it's crucial to approach this period with open communication, empathy, and creativity to ensure your children feel supported and loved. In this blog post, we'll explore practical ways to talk to your children about the challenges of divorce and tight finances while maintaining the holiday spirit.

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‘Tis the Season for Smart Spending: A Guide to Avoiding Holiday Debt
Nanette Ignjatovic Nanette Ignjatovic

‘Tis the Season for Smart Spending: A Guide to Avoiding Holiday Debt

The holiday season is a time of joy, giving, and celebration, but it can also be a time of financial stress. The allure of festive decorations, gifts, and gatherings may tempt us to overspend, leading to post-holiday debt woes. In this blog post, we share practical strategies to help you navigate this festive time without compromising your financial well-being.

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Avoiding Retirement Planning After Divorce?
Nanette Ignjatovic Nanette Ignjatovic

Avoiding Retirement Planning After Divorce?

Post-divorce, it's common for individuals to feel overwhelmed and emotionally drained. Unfortunately, the temptation to procrastinate on financial matters, especially retirement planning, can be strong. Women in particular have a tendency to avoid retirement planning and often opt for cash assets than rather retirement assets in the divorce settlement, placing them even farther behind in their retirement capacity. Delaying this crucial step in financial planning can have severe consequences, as time is one of the most important allies when it comes to building a retirement fund.

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3 Critical Mistakes in Divorce Finances
Nanette Ignjatovic Nanette Ignjatovic

3 Critical Mistakes in Divorce Finances

Navigating divorce settlements requires a careful and informed approach, particularly when it comes to financial matters. In this blog explore THREE SIGNIFICANT MISTAKES that frequently arise during divorce finance settlements.

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Grey Divorce
Nanette Ignjatovic Nanette Ignjatovic

Grey Divorce

Divorce is never easy, but when it happens later in life, it comes with its own unique set of challenges. "Grey divorce," the term used to describe divorces among couples aged 50 and older, has been on the rise in recent years. While these couples may have decades of shared history, assets, and financial entanglements, they often face complex financial considerations when navigating a split. In this blog post, we will explore the phenomenon of grey divorce and the essential role of financial planning in ensuring a stable and secure future.

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