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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 Divorce

Divorce

Effect of Market Declines on Divorce Settlements: Don’t Be DEAF, Listen to your Clients’ Concerns

September 14, 2022 By Andy Hoffman

Market Declines on divorce

The recent declines in financial markets and in the value of cryptocurrency have made divorce settlements more difficult to achieve as clients become more anxious. Recognizing your clients concerns and working with them so they understand the post-divorce effect of settlement proposals can help family law attorneys and their clients to settle the financial issues of their divorce. Attorneys have … [Read more...] about Effect of Market Declines on Divorce Settlements: Don’t Be DEAF, Listen to your Clients’ Concerns

Filed Under: Blog Tagged With: 401(k)s, Divorce, Settlements

The Value of a CPA in a Divorce

April 4, 2022 By HDS-Staff-s.h.

Divorce and CPA

Divorce is a complex process full of emotion and uncertainty. Achieving an equitable settlement can be a challenge for couples with unique financial situations, especially in cases where one spouse is unfamiliar with the family finances. A Certified Public Accountant (CPA) can offer objectivity and independence while providing the expertise needed to arrive at a settlement that protects the short- … [Read more...] about The Value of a CPA in a Divorce

Filed Under: Blog Tagged With: Divorce, Financial Professional, Understanding

Divorce Tax Curveballs

March 10, 2022 By HDS-Staff-s.h.

divorce tax

Couples going through a divorce know that change is inevitable and planning essential, especially when it comes to finances. With tax laws constantly changing, many are caught by surprise when they file their first post-divorce tax return, only to realize they failed to consider an important tax item. Below are a few tax curveballs you could encounter in your first post-divorce return. … [Read more...] about Divorce Tax Curveballs

Filed Under: Blog Tagged With: Children, Divorce, Finances, Taxes

Half a Century of Federal Ten Year Rules in Divorce

February 7, 2022 By Andy Hoffman

Federal ten year rules

The Federal Government seems to like ten-year rules.  Here is a half century (or five ten-year rules!) for family law practitioners to consider when negotiating the division of a community or support during a divorce in Louisiana. 1. Social Security Spousal Benefits According to the Social Security Administration, the average retirement beneficiary receives 40% of their retirement … [Read more...] about Half a Century of Federal Ten Year Rules in Divorce

Filed Under: Blog Tagged With: Divorce, Pensions

Divorce Tsunami

December 14, 2021 By Andy Hoffman

Divorce and Tsunami

After Hurricane Ida cut a path of destruction through Louisiana, family law attorneys had to answer special financial questions when preparing community property partitions and support agreements while their clients clean up and suffer with liquidity concerns.  We have worked with family law attorneys and their clients since 1999, through several hurricanes, and are experienced in the … [Read more...] about Divorce Tsunami

Filed Under: Blog Tagged With: Divorce, Finances, Tsunami

Cryptocurrency: The New Reality in Divorce

August 23, 2021 By Andy Hoffman

Cryptocurrency and Divorce

Besides Bitcoin, Ethereum, and Litecoin, there are over 10,000 types of cryptocurrencies on the market today. In its 2021 State of U.S. Crypto Report, the cryptocurrency exchange Gemini stated that 21.2 million U.S. adults (or 14% of the US population) currently own cryptocurrency and that another fifty million will invest in cryptocurrency within the next year. With statistics like these, it is … [Read more...] about Cryptocurrency: The New Reality in Divorce

Filed Under: Blog Tagged With: Divorce

7 Deadly Financial Sins in Divorce

January 18, 2021 By Andy Hoffman

Financial Sins of Divorce

In the middle of divorce, you may not think about how your actions can make negotiation difficult and increase your professional costs. At Hoffman Divorce Strategies, we work with you and your attorneys to help you understand your finances and prepare you to negotiate or litigate your divorce. Here are 7 Deadly Financial Sins to avoid during your financial negotiations that can help you … [Read more...] about 7 Deadly Financial Sins in Divorce

Filed Under: Blog Tagged With: Divorce, Finances, Mistakes

Dividing the House When Divorcing the Spouse

November 19, 2020 By Andy Hoffman

Divorce and dividing the house

To some divorcing couples, dividing the house can be as emotionally painful as the divorce itself. One or both spouses may have a deep attachment to the house and think that the only thing that matters to them in the divorce process is keeping the house. At Hoffman Divorce Strategies, we work with our clients and their counsel to help them understand the financial pros and cons of keeping the … [Read more...] about Dividing the House When Divorcing the Spouse

Filed Under: Blog Tagged With: Dividing Assets, Divorce

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From the Blog

Pension Retirement plan

Pension and Retirement Accounts – What Attorneys Should Know

Attorneys and their clients must be careful when dividing pensions and retirement accounts in a divorce. Hoffman Divorce Strategies assists attorneys and their clients with the complex questions that … [Read More...]

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