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Beginner Estate Planning for Millennials

Posted by David W. Veliz | Oct 19, 2018 | 0 Comments

Being wealthy is not a requirement for creating an estate plan. Neither is being old, retired, having a family or owning a lot of assets. If you are a Millennial, and you haven't started estate planning, here's how and why you need to get started. Why Millenials Should Begin Estate Planning No...

What Impact Does Remarriage Have on Child Support?

Posted by David W. Veliz | Oct 05, 2018 | 0 Comments

You divorced several years ago and agreed to monthly child support payments. But now you're remarrying, and things have changed. Not only do you now need to support your new spouse's kids, you may even be considering adoption. Or, you may simply want to start a new family and need a better sense ...

When it comes to divorce, not all assets are equal

Posted by David W. Veliz | Sep 14, 2018 | 0 Comments

Ironically, the discussion between the equality of assets is the only time both parties in a divorce will agree. The divorce process is never fun. On top of the emotional toll, financial missteps during the process can leave you in far worse shape than you intended. Unfortunately, the more inter...

Estate Planning Basics: A 7-Step Checklist

Posted by David W. Veliz | Sep 07, 2018 | 0 Comments

Estate planning is the process of designating who will receive your assets and handle your responsibilities after your death or incapacitation. The goal is to make sure your beneficiaries receive these things in the most cost-effective way possible. Follow the 7-step checklist to make sure your ...

6 Apps To Make Co-Parenting Easier & Less Stressful

Posted by David W. Veliz | Sep 04, 2018 | 0 Comments

Communicating with an ex is difficult, especially when kids are involved. In order to be a responsible parent you have to find ways to co-parent effectively, peacefully, and to the best of your ability. Luckily, we're in the 21st century and technology has made it easier for separated co-parents ...

Planning Ahead: Have You Chosen Your Beneficiaries?

Posted by David W. Veliz | Aug 17, 2018 | 0 Comments

Make sure your loved ones get everything they're entitled to if you pass away. It's difficult to actually put time aside to figure out a plan about your retirement assets when you die. However, it's better to plan ahead, not just for you, but your loved ones as well. Especially, for accoun...

8 Ways to Tell Your Kids You’re Getting Divorced

Posted by David W. Veliz | Aug 13, 2018 | 0 Comments

Know the plan Parents should only let their children know that they're getting divorced until after they have already filed, found a new home for the parent who is moving out, have furnished it and have a concrete move-in date. They need a completed and specific plan to avoid anxiety. If ...

6 Critical Steps to Prepare Your Finances for Divorce

Posted by David W. Veliz | Aug 10, 2018 | 0 Comments

It's inevitable that both parties will be scarred after a divorce. However, here's six steps you can take action in now which can ensure you are financially protected. Gather Your Financial Records Gather ALL your financial records which will tend to be five years' worth of documents. ...

Defusing The Time Bombs In Your Estate Plan

Posted by David W. Veliz | Aug 08, 2018 | 0 Comments

There's a time bomb ticking in many estate plans. However, you most likely won't know if the bomb explodes. The question is how big the explosion will be. The “bomb” is the person or people, you name to act for you. Whether they act during your lifetime or after, they often make or break your e...

How To Leave A Legacy When You Don’t Have Children

Posted by David W. Veliz | Aug 06, 2018 | 0 Comments

The question of what you leave behind can be especially fraught for people who do not have heirs. Karen Malone Wright, 62, founder of a website for childless women- and an only child with no kids herself- she's never been able to shake the feeling of being the last one to turn the l...

Co-Parenting with a Narcissist

Posted by David W. Veliz | Jul 31, 2018 | 0 Comments

Marrying and divorcing a narcissist is rough, but co-parenting with a narcissist is almost impossible. However, awareness of the narcissist's dysfunctional tactics protects the parent struggling in this situation. Once these relational patterns are identified, it is easier to co-parent with a nar...

8 Steps To Rebuild Your Financial Life After Divorce

Posted by David W. Veliz | Jul 25, 2018 | 0 Comments

A divorce can be financially devastating. Many people will lose half or more of everything they've saved over their lifetime. This may include: Their home Retirement Business Investments Additionally, divorcees often see their income wither while their expenses explode. Without a d...

10 Essentials of Co-Parenting After a Divorce

Posted by David W. Veliz | Jul 17, 2018 | 0 Comments

If you've been through or are in the midst of facing a divorce, by now you understand the difficulty that comes with the process. Unfortunately, those with children have long-term effects with the decisions of co-parenting. Co-parents are defined as the legal guardians/ parents of a child. Whate...

3 Ways to Avoid Money Mistakes During Divorce

Posted by David W. Veliz | Jul 16, 2018 | 0 Comments

Divorce is complicated emotionally, legally, and financially. Many of the decisions you make during the process, especially financially can affect you for decades. A simple mistake can hurt your ability to save for retirement, buy a new home or care, or move on with your life. Focus on these th...

The Rise of the Millennial Prenup

Posted by David W. Veliz | Jul 13, 2018 | 0 Comments

Are you a lovestruck millennial with wedding bells ringing around the corner? If you are, did you sign a prenup? Susan Shain from the New York Times has done the research regarding millennials and prenups. She's telling readers all about the necessity of a prenuptial agreement for the millennial ...

Avoid This Estate Planning Mistake

Posted by David W. Veliz | Jul 11, 2018 | 0 Comments

Larry Weiss from nerdwallet has enlightened readers on the common, but costly mistakes when it comes to your will and living trust. You've worked hard throughout your lifetime to provide for your family, save for retirement, and leave a legacy for your children and grandchildren. Now, you're ...

Types of Custody and Visitation

Posted by David W. Veliz | Jul 05, 2018 | 0 Comments

Jennifer Wolf at VeryWell Family reminded readers about the importance of educating yourself on the various options regarding custody and visitation when going through a divorce. We understand being a single parent can be hard, but it's necessary to explore the types of custody when dealing with ...

Wills & Living Wills

Posted by David W. Veliz | May 25, 2018 | 0 Comments

Wills are important to have especially in terms of property and should always be up-to-date in case of an emergency. Writing a will is a vital step in estate planning because it outlines how you want your property to be distributed after you pass away. If there is no will your property will be le...

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