Stonegate Financial

Jameson Van Houten Published in the Phoenix Business Journal Ask the Financial Experts

June 2014- Check out the Wealth Management section of the Phoenix Business Journal’s 2014 Ask The Financial Experts for educational and relevant topics.

“Q: I am going through a divorce and concerned about the financial ramifications. What can I do protect myself for the future?

A: Divorce can be an unsettling and stressful life event but you can minimize some of the uncertainties by consulting with qualified financial and legal professionals early in the process who can help you understand and evaluate the implications of a divorce on your finances. Every situation is different and laws and guidelines vary from state to state, but divorce will impact nearly every aspect of your financial life so it is essential to understand how divorce will affect your income and expenses, assets and liabilities, business  ownership, estate planning, insurance coverage, and retirement benefits so that you can examine different support and asset division scenarios and understand important tax implications related to filing status, asset disposition, alimony, and child support. An experienced Certified Financial Plannercan help you develop an actionable financial plan that addresses post- divorce challenges to maintain your lifestyle, develop new retirement savings strategies, and ensure security for you and your family well into the future.

-Jameson Van Houten, CFP ®

Van Houten, Jameson, (2014 June). Ask the Experts. Phoenix Business Journal