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.
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.
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.
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.