Top 3 Mistakes to Avoid in Your Divorce Settlement Regarding the Marital Home
Often in a divorce, we are more focused on curing the problem at hand, i.e., distributing the real estate and assets, that we forget there is life after divorce. The biggest challenge is the lack of knowledge, understanding, and preparedness of how the various pieces...
What is a Financial Neutral in a Divorce?
One of the most important team members in the collaborative divorce process is the financial neutral. The financial neutral is an impartial expert in his or her field. When a primary asset of the marital estate is the marital home and other real estate assets, having...
Divorce Mediation – the House, the Mortgage, and the CDLP™
One of the biggest financial (and emotional) decisions to be made during a divorce is deciding what happens to the marital home. Deciding what to do with the home during divorce might not be as simple as who keeps the property and who moves out. If the divorcing...
Don’t Take Your Credit For Granted During Divorce!
While the majority of divorcing consumers have an understanding of credit, unfortunately, there are still those whose spouses ‘took care of all that stuff and they truly do not have the experience of working with credit and bill paying. Understanding the makeup of...
What’s the difference between Alimony, Maintenance and Spousal Support?
Alimony is the payment of money by one spouse to the other after separation or divorce. Its purpose is to help the lower-earning spouse cover expenses and maintain the same standard of living after divorce. Alimony is often considered the more legal term for payments...
The Four Phases of Divorce Mortgage Planning
What is Divorce Mortgage Planning? Divorce Mortgage Planning is a holistic approach to the process of evaluating mortgage options in the context of the overall financial objectives as they relate to divorcing situations. The CDLP™ (Certified Divorce Lending...
Two Common Mistakes Made with Divorce and Mortgages
One of the biggest decisions divorcing homeowners face is what to do with the marital home and real property. Trying to agree on how to handle the mortgage and the home can be a challenge without proper direction from a Certified Divorce Lending Professional (CDLP™)....
5 Things You Should Know About Getting a Mortgage When Divorcing
As a divorce mortgage planner, a CDLP™ is often brought in to work with a client who is going through a divorce. Typically, one of the divorcing spouses would like to retain the marital home while the other may wish to purchase a new home. Here is a list of 5 things...
