Money Made Easy: House Insurance

In this week’s edition of Money Made Easy, host Dan Danford answers this question from a viewer: I’m trying to figure how much buying a new home will cost me each month. What is a good way to estimate the cost of house insurance? Danford, MBA, CRSP of Family Investment …

My ex took the kids to a doctor not covered by my medical insurance and is demanding I pay half. Can she do this?

Question: I provide medical insurance coverage for my three children. My ex-wife took them to an out-of-network provider and is demanding payment for these bills. She is threatening mediation and court action because I will not pay my half of these non-covered services. Does family law state that she must …

Will I be responsible for her increase in auto insurance due to her DUI?

Question: My soon-to-be ex-wife was cited with a DUI after she served me with divorce papers. Will I be responsible for her increase in auto insurance due to her DUI? Answer: First let me preface my answer by stating that I am not licensed to practice law in the state …

Military members paying child support

Question: I am in the military and am paying child support to my ex-wife. She has remarried another military man. Can I pay less money for child support because my ex-wife and the children’s stepfather claim the children in the Defense Enrollment Eligibility Reporting System (DEERS), cover the children under …

Money Made Easy: Life Insurance

Dan Danford, host of Money Made Easy, tackles a viewer’s question about what to consider when purchasing life insurance. Danford, MBA, CRSP of Family Investment Center, uses his own 30 years of experience as a small business owner and financial adviser to offer advice on if you should be buying …

What exactly does child support legally cover and what does it not?

Question: What exactly does child support legally cover and what does it not (i.e., deductibles, co-payment on necessary medical)? We are finalizing our divorce, and my wife still expects that I am accountable for non-essentials (sports camps, etc.). While I am glad to do as much as I can, I …

Money Made Easy: Insurance Reform

Dan Danford, host of Money Made Easy, answers a viewer’s question about whether he should close his own small business so that he can take a new job with steady health insurance benefits for him and his family. Danford, MBA, CRSP of Family Investment Center, uses his own experience as …

Ask A Lawyer: Fault Or No Fault For Infidelity

Question: I am looking at getting divorced from my wife of 24 yrs. I found her cheating on me and so that is that. Will her infidelity have any bearing on it if we make it a fault divorce? ( Not sure if I am going to do that. We …

Divorce and Taxes

As a Financial Planner and CPA I am often asked about issues relating to finance as one goes through divorce. The following is a list of 19 rules that generally apply to finances and divorce. Because every situation is different this list is not all inclusive. You should consult the …

QDRO, COBRA and Divorce

Every field has its own set of abbreviations and acronyms. People who work in the field are comfortable using these terms but, to people who do not work in the area on a daily basis, the terminology is foreign. In domestic relations law two of the most common acronyms are …