DFI Wealth Management
Since 1983
Daniel F. Iuculano, AAMS
SM  CMFC SM
Divorce for Men

 

Daniel F. Iuculano

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Accredited Asset Management Specialist SM

Chartered Mutual Fund Counselor SM


Contact: Dan Iuculano

Phone: (904) 302-8911

Email: danieli@dfi-wealth-mgmt.com

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Divorce Law

Divorce for Men - financial consideration in divorces for men when dealing with divorce issues such as property settlement, child support and alimony.


 

Divorce for Men- for more information click on the divorce planning link.

If you wish personal assistance in planning your divorce as it relates to your finances please email or call me to discuss creating a divorce financial plan. I have provided a link to a sample divorce financial plan for your review.

When dealing with a divorce you will get the  best result by approaching divorce like a business negotiation. Too many men enter their divorce without a good plan and pay dearly in the end. 

Every state has it’s own set of divorce laws as it relates to child support, alimony, division of marital assets so do your homework.

 It's a documented fact that divorce is one of the most stressful things a person can experience.  Most of the stress is caused by all the uncertainty about the future.  Understanding the intricacies of divorce and custody will end the uncertainty and relieve the stress. 

Property Division - one of the most difficult and complex areas of dissolution process is the division of marital property, sometimes called the marital estate. Marital property may include cars, houses, retirement benefits (pensions), business interests, cash, stocks, bonds, bank accounts, personal property and any other things of value that have been accumulated during the marriage.

I provided several divorce and marriage related books on the subject. Click on any of the banners to your right for further information or to purchase. I have provided a summary of each eBook outline at Divorce Tips & Resources.

 This guide is designed to offer advice on the financial aspects of a divorce and not the  legal aspects. We will leave that to the legal profession, but take note attorney’s are trained in the law and not in financial matters.

 When considering the financial aspects you are really talking about financial planning for a divorce. Where a married couple  might develop a financial plan for the family, divorce financial planning looks at how the future outcome will look taking a separate view at both parties involved in the divorce.

  In other words, in a divorce you are looking into two financial plans and how the divorce decree will impact each individual after the divorce becomes final. That is the only way you can be assured of an equitable divorce agreement. A sample of what a divorce plan looks like can be found at Divorce Plan.

The advantage to having a Divorce Plan is the fact you can use the plan to play "what if" depending on what offer is on the table and how that agreement would impact both parties well into the future.

 Make no mistake, the divorce outcome will have a financial impact for many years to come. If you don’t plan while going through the divorce process it most likely will cause you a lot more financially and emotionally down the road.

Divorce Tips

Taking advantage of tax deductions during their divorce

Insisting that a portion of your child support go the the child's college savings account instead of your ex-wife's pocket. Your ex-wife will hate it, but your kids and the courts will love the idea.

The courts often require that you carry an expensive life insurance policy to cover alimony or child support payments. Most men don't realize that social security benefits already do this. Drop the expensive policy; you're already covered.

In a custody battle, men often argue why they deserve to have the children. This never works. Explaining why the children deserve to live with their father will have a much better impact. It's all in the approach.

 Major Financial issues to consider: