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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

The Value of a CPA in a Divorce

April 4, 2022 By Sheri Bankston

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: CPA Professional, Divorce, Financial Professional, Value of

Divorce Tax Curveballs

March 10, 2022 By Sheri Bankston

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, Community Owned Business, Divorce, Finances, Tax

Sheri Bankston CPA Provides Divorce Financial Services with Hoffman Divorce Strategies

February 15, 2022 By Andy Hoffman

Sheri Bankston

[New Orleans, LA] –  Hoffman Divorce Strategies is pleased to announce that staff member Sheri Bankston has reactivated her license as a Certified Public Accountant. “Reactivating Sheri’s CPA license is an additional demonstration of Sheri’s expertise in financial matters,” said Andrew Hoffman, President at Hoffman Divorce Strategies. “She brings an even greater skillset to … [Read more...] about Sheri Bankston CPA Provides Divorce Financial Services with Hoffman Divorce Strategies

Filed Under: Blog Tagged With: Divorce, Financial Services

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, Military Pensions, Social Security, Spousal Benefits, Ten-Year Rules

Divorce Tsunami

December 14, 2021 By Andy Hoffman & Sheri Bankston

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, Financials, Hurricanes, Tsunami

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, Financial Sins

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 … [Read more...] about Dividing the House When Divorcing the Spouse

Filed Under: Blog Tagged With: Dividing Financial Assets, Divorce

Divorce and Dealing with 401(k)s: What Attorneys and Clients Need to Know

November 2, 2020 By Andy Hoffman

Divorce and 401k

Going through a divorce is difficult enough with all the decisions that need to be made about property division. Louisiana is a community property state, meaning that all assets that were accumulated during the marriage belong to the community and need to be allocated to each spouse in the Property Partition.  Most divorcing couples know that a retirement plan, like … [Read more...] about Divorce and Dealing with 401(k)s: What Attorneys and Clients Need to Know

Filed Under: Blog Tagged With: 401(k)s, Divorce, Need to know

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From the Blog

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Dividing IRA’s in divorce

While IRA’s appear similar on the surface, custodian requirements, taxation of allocations and withdrawals, non-deductible contributions, regular and ROTH IRA differences and contractual … [Read More...]

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