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Hoffman Divorce Strategies

Louisiana Divorce Financial Experts

985-674-1120
985-674-1120
Temporary Number: 985-276-4320
985-276-4320
  • Home
  • Your Team
  • QDRO
  • For Attorneys
  • FAQs
  • Divorce Options
    • Services For Divorcing Individuals
    • Litigation / Traditional
    • Mediation
    • Collaborative Divorce
    • Single Attorney
    • Pro Se
    • Separation
  • Blog
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You are here: Home / Archives for Blog

Blog

The 3 Leading Causes of Divorce

February 6, 2020 By HDS-Staff-s.h.

troubled couple

In the United States, 40 to 50 percent of marriages end in divorce.  Couples end their marriages for a variety of reasons, but researchers have pinpointed three leading causes, in particular. 1.) Incompatibility. Believe it or not, incompatibility is the leading cause of divorce here in America.  The Merriam-Webster Dictionary defines incompatible as being “incapable of association or … [Read more...] about The 3 Leading Causes of Divorce

Filed Under: Blog Tagged With: Divorce

QDROs for Child Support Payments

January 24, 2020 By Andy Hoffman

child support

While many practitioners are aware that a Qualified Domestic Relations Order (QDRO) can divide property, few practitioners are aware that under IRS Code 414 (p) (b), child support can be collected from ERISA plans, (such as 401 k, or Pension plans) with a QDRO. A QDRO distribution that is paid to the child or other dependent of the plan participant is taxable to the participant., Some plans will … [Read more...] about QDROs for Child Support Payments

Filed Under: Blog

These Tax Tips Can Make the Transition to Single Life Easier

January 15, 2020 By HDS-Staff-s.h.

tax time

Tax Day 2020 may seem like a long way off now, but it’ll be here before you know it. If you’ve recently divorced, it’s important you understand the implications of this decision on your tax bill and tax refund. No two divorces are exactly alike, but there are three things you can do to prevent fines, penalties or other unwanted surprises. Keep reading to learn more. 1.) Gather your … [Read more...] about These Tax Tips Can Make the Transition to Single Life Easier

Filed Under: Blog Tagged With: Divorce, Financial Professional

We Can Help You Determine Which Assets to Keep

October 10, 2019 By HDS-Staff-s.h.

clockwork graphic

One of the most important aspects of a divorce is determining who gets what. If you and your spouse accumulated property or other assets over the years, it’s crucial that you calculate the value of everything and determine what you’ll keep and what you’ll get rid of. Why is it important to understand assets? Most people think all assets are created equal, but that isn’t the case. Just … [Read more...] about We Can Help You Determine Which Assets to Keep

Filed Under: Blog

Benefits of Financial Divorce Analysis

August 10, 2019 By HDS-Staff-s.h.

charts

The Centers for Disease Control and Prevention says 787,251 American couples divorced in 2017, an average of 2.9 per every 1,000 marriages. In the United States, divorce is ubiquitous. It’s the subject of movies, television shows, and best-selling books, yet many couples going through the divorce process do very little research, especially in terms of finances. Even if you and your ex are … [Read more...] about Benefits of Financial Divorce Analysis

Filed Under: Blog

What to Expect at Your First Hoffman Divorce Strategies Appointment

August 10, 2019 By HDS-Staff-s.h.

shaking hands

At Hoffman Divorce Strategies, we focus on two very specific aspects of the divorce process: Accounting your divorce Using financial strategies to help you achieve a better settlement If you don’t come from a finance background or aren’t very good with money, you’re probably feeling somewhat overwhelmed. This is perfectly understandable and nothing to be ashamed of. Divorce laws are … [Read more...] about What to Expect at Your First Hoffman Divorce Strategies Appointment

Filed Under: Blog

Leave the Number Crunching to Us

June 19, 2019 By HDS-Staff-s.h.

crumpled up spread sheets

Are you someone who hates even basic arithmetic? We get it. Not everyone is a numbers person, and when your financial future is on the line, trying to navigate a divorce settlement without an advocate is incredibly scary. If you have kids, there are child support and custody agreements to consider, not to mention the divvying-up of property, vehicles, other assets, and debt. That’s a lot of … [Read more...] about Leave the Number Crunching to Us

Filed Under: Blog

Determining the Cost of Child Support

June 10, 2019 By HDS-Staff-s.h.

girl and father playing

If you’re preparing to get a divorce and children are involved, you’ll need to take child support into account. Louisiana has state-mandated child support guidelines, but they can get somewhat tricky if you: Or your spouse is an independent business owner who controls your own income Or your spouse have significant investments Have one or more children with special needs or a disability … [Read more...] about Determining the Cost of Child Support

Filed Under: Blog

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Benefits of Financial Divorce Analysis

The Centers for Disease Control and Prevention says 787,251 American couples divorced in 2017, an average of 2.9 per every 1,000 marriages. In the United States, divorce is ubiquitous. It’s the … [Read More...]

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