Good News / Bad News – Tax Facts About Spousal Support

Each tax season in my work as a CFP, I have the unpleasant task of informing a recent divorcee that they have an unexpected and substantial tax liability. It’s a curious phenomenon that during tax preparation, the spousal support payor rarely forgets the deduction and chimes in with, “Don’t […]

Discovering the Fraud She Perpetrated on Him

Recently, a bankruptcy lawyer sent me a client, who had been sent to him by a divorce attorney. Here’s how we uncovered the fraud my client’s wife had been perpetrating:
6 months prior, while my new client was at work, his wife had moved out. She had taken every stick […]