Search results for: “divorce”
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Controlling the cost of divorce with financial coaching
A checklist of eight financial planning issues to consider in collaberative divorce
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Discrimination against married business owner in New Jersey
I’ve owned and operated small businesses individually in my name as a married person for more than four decades. Until recently, they were all based in Pennsylvania or Delaware. I’ve had plenty of business financings, loans and mortgages, all without my spouse’s involvement. Recently I relocated them to New Jersey and hit a brick wall…
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Beware false security in duplicate health benefit plans
A reminder for health benefits enrollment season: Enrolling in two overlapping health plans will increase total premium cost but may not increase the amount of coverage. Current trends seem to indicate that more individuals are enrolling in duplicate health plans. This can happen when two spouses enroll for family coverage under two different employer plans,…
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A sucker born every minute for real estate deals?
Who consistently profits from real estate syndicates, REITS and OZ funds? The promotors and managers for sure; it’s a great business sector. Not so much the average retail investors. The investors’ return is largely driven by economic factors outside of the real estate holdings. For example: interest rates. If interest rates drop, that is normally…
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Small business workload shock hits home
Managing my workload now as a small business service provider is unlike any challenge I’ve faced before in my work career. I hear the same from my accountant peers. Some days it seems like I just go from one life emergency to another life emergency, never even reaching normal work tasks. I find it almost…
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My unlikely ramble into national politics
A reflection on my unlikely journey from neighborhood flood response to construction techniques to national politics. Before 2016 I was not personally active in politics. Yet as a small business owner I financially supported a number of candidates in both parties, typically in small dollar amounts from $250 to $500 per campaign over several decades.…
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I will not be silent on Trump fraud and cruelty in South Jersey
“What hurts the victim most is not the cruelty of the oppressor, but the silence of the bystander” – Elie Wiesel I personally saw the cruelty, greed and crimes of Donald Trump ruin families who were my neighbors in the Atlantic City area more than two decades ago. As president of a nearby chapter of…
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Tax filing trends indicate future direction for professionals
We are only half way through the tax filing season but so far the IRS reports that tax filer behaviors are significantly different than a year ago. The number of tax returns filed has dropped by more than 12% and the number of paid preparer returns (often including the more complicated tax returns) dropped even…
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Coping with loss of security in the gig economy
Forbes published an article yesterday on the important topic of the gig economy and, in general, the loss of financial security and employment benefits that accompanies this trend. This is a huge issue in out lives that, in my opinion, is not getting nearly the attention required by advisers like me. It is foolish for…