Entries by Justin Reckers

5 Smart Steps to a Divorce in 2014

Keep an eye on the mail-box. Every financial document that hits your mailbox in the month of January is worth your time. You should gather Bank and Brokerage account statements showing year end balances and the year end spending summary sent out by most Credit Card companies. You may also start to see tax documents […]

Military Divorce Rate on Downward Swing

A recent Rand Corp. study has found a direct correlation between frequency and duration of deployments and the likelihood of a military marriage ending in divorce. Read more at Marine Corps Times web site. The overall military divorce rate in 2013, as reported by the Department of Defense, through September 30th was 3.4%. Compared to […]

Divorce Mediation – The Balance of Power

Divorce Mediation Divorce mediation is a process that requires transparency, equality and a level playing field in order to facilitate a successful resolution. Balance of Power It is common for one party to hold all the cards when it comes to financial knowledge and power in a marriage. We have the economic theory of comparative […]

Defense of Marriage Act Ruled Unconstitutional – Same-Sex Marriage Legal in California

The Supreme Court has found the Federal Defense of Marriage Act (DOMA) to be unconstitutional in all states where the state allows same-sex marriage. Same-sex couples now have equal rights to those of opposite-sex marriages including File joint tax returns as their marriage is not recognized for this purpose. This may result in larger tax […]