Divorce financials is now available as a part of easysofts family law solutions. Pricing family law software financial planning for divorce. Personal finance tips from the pros its hard to think in a practical, financial frame of mind when youre in the midst of the emotional storm of a divorce. Floridoms family law software products are listed below. They have to plug in an assumed future rate of growth for investment assets. Creating a financial plan after divorce divorce is severing ties with your partner and starting over on your own. Its emotionally tough to reach a place where you believe you have no other choice but to end a relationship you thought would last forever. Our advanced, neutral software shows what each spouse gets to. To do this successfully, you must have a financial plan that will prepare you for the future and give you peace of mind. Wifes lawyer says this was calculated with fin plan software and court will take it without question. Your calculations will be more accurate when the timeshare overnight percentages are calculated not estimated.
Fin plan, which does also have other divorce planning functions, must also be purchased. Finplan divorce planner has been successfully providing family lawyers, courts, financial professionals and mediators with understandable, clientoriented reports on the financial impact of divorce since 1990. Optimize settlements with divorce financials divorce planning software. Today we offer a vast collection of law books for legal professionals. Youve decided to file for divorce or your spouse has. This family law software free download lets you test out divorce financials for as long as. Chicago unallocated family support lawyer carol stream. For do it yourself divorce, the divorce financial planning software from. Bluecoat software has provided us with the platform to expand our business using intuitive and well thought out technology. We believe that in most divorce cases, where finances are a major issue, the addition of a divorce financial planner can be an invaluable tool. The 2020 versions of divorce planner and divorce math also offer additional compatibility with 64bit versions of windows 10, microsoft office 2010, 20, 20162019, and office 365.
The clear leader family law software is used by virtually every actively practicing cdfa and divorce financial planner and with good reason. Divorce is painful for the entire family but should not be financially devastating. If the difference is slight, it could be because family law software updates its tax numbers immediately at the start of a new year, and some of these other programs take. Software license terms and conditions divorce financial solutions, llc dfs guides divorce clients in making wellinformed decisions regarding their financial futures on all financial matters related to divorce. Divorce planner fl 2020 implements new federal tax tables and rules, including the final transition in changes to medical and casualty loss deductions introduced with the tax cuts and jobs act. I encourage clients who are getting a divorce to talk to their financial planners, to utilize the planners expertise on subjects such as how to divide assets. Software is giving me a different result than finplan, easysoft, supportcalc, dpa divorce power analyzer, dissomaster, or some other program. We also provide free technical support dpa software as part of your annual maintenance. Easysoft has designed divorce financials, our family law software, to be an intuitive and helpful tool for any divorce practice. Mediation of tax issues divorce mediation services in. Unallocated family support lawyer a simple method exists for shifting tax burdens from a hightax bracket parent to a lowtax bracket parent in divorce cases.
But, with proper planning and expert help from professionals specializing in financially equitable divorce settlements, you can increase your chances of arriving at a settlement that fully addresses your longterm financial needs and your spouses too. This software can be used to calculate child support and run sample spousal support scenarios. Divorce and financial software will help create a fair settlement for your divorce and let both spouse see on paper just how fair it actually is. Divorce settlement software divorce financials easysoft. These states also perform child support calculations and print stateapproved worksheets. Only family law software has aftertax property division also. Family law software is much easier than fin plan, and i like that the local rule affidavit is incorporated into the program.
All the things that have to be taken care of during a split add what feels like another fulltime job to your schedule, and the stress can really take a personal toll. Find your state below and click on the desired column link below. Dealing with divorce and finances financial planning advice. Find technical support, user guides, training, and more for thomson reuters westlaw, firm central, clear, and other thomson reuters products. Jacqueline jacki roessler, cdfa, branch associate for raymond james financial services, has been a practicing divorce planner since 1992 and is viewed by her peers as a leader in divorce financial planning field. There is no need for one spouse to blame the other or tell the court what caused the. One part of the finplan software suite that helps you with divorce related calculations is the finplan divorce planner program. Finplan software is a suite of family law calculators offered in several states, that aid in calculating aftertax cash availability and planning, financial affidavits, marital property distribution and commonly used calculations, such as pensions, retirement, present and future value, and alimony recapture.
Finplan software patch updates divorce planner florida. Annamarie joseph, cfp, cdfa divorce financial planning. Each professional attorney, mediator, financial adviser, etc. Paralegals and assistants use the software free with a licensed. Joe james in the implementation team was brilliant at coordinating the transfer and the in depth queries and bespoke needs we had for completion of this transfer. Dec 08, 2017 divorce can be extremely stressful for all parties involved. Creating a financial plan after divorce mens legal center. The emotional toll, as well as the physical and psychological impact on the family, can be devastating. Tax optimized financial settlements, child and spousal support calculations, alimony. Jun 07, 2017 and this is typical of what the above divorce planning software asks your divorce professionals to do. Floridom software dpa fl floridom family law software.
When younger couples divorce, income tax implications of future retirement plan distributions are often ignored when valuing retirement assets, because its mere speculation. Understanding and calculating alimony in delaware divorcenet. The law library now offers the most current version of finplan divorce planner from thomson reuters to our subscribers. Without question, the divorce process is a very emotional and trying. Illinois family law software financial planning for divorce. It not only computes guideline child support in my state and 20 others plus all of canada, but it also allows me to see alimony and property division options to create complete settlement scenarios and variations. Streamline investigation research by bringing relevant content into a single userfriendly working environment. Family lawyers top software picks family lawyer magazine. Find the current, authoritative law books and publications you need to practice confidently.
Divorce math finplan software patch updates all finplan software updates require a complete existing installation of the application to be updated. We also offer an assortment of support options to help you get the most from the software. Divorce financial planning may be low on your list of priorities right now, but working through the various aspects and implications of your finances is important when going through a divorce. Resources business coaching for a cdfa divorce financial. These tools assist the attorneys staff with compiling information necessary for court and settlement documents. Family law, divorce software, services family law software. This includes beneficiary designations on things such as retirement plan and life insurance. Free family law software training for divorce financials. Finplan software is a suite of family law calculators offered in several states, that aid in calculating aftertax cash availability and planning, financial affidavits. In my work with women going through divorce, many legal and financial professionals use software like finplan, family law software or divorce.
Do you use the finplan divorce planner software in your office or at the law library. Most of the divorce tools are webbased software which require a user account for access. Family law software is giving me a different result than finplan, easysoft, supportcalc, dpa divorce power analyzer, dissomaster, or some other program. The result is the possibility for extra aftertax cash for both parents and a tangible reinforcement of the concept that divorced couples can and should work together for their. Divorce math finplan software patch updates all finplan software updates require a. Our investigative tools, professional services, research platforms, and reference materials provide the trusted answers you need in todays rapidly evolving legal landscape. Floridom is committed to enhancing the practice of family law by the creation of quality software products that allow professionals to provide more. This website provides information on software for family law attorneys. The tools are fully functional from any computer andor mobile device connected to the internet by logging in through the website. Finplan divorce math releases an update each year to update tax information and arrearage interest rate requirements, plus any other changes or enhancements as needed.
Aug 27, 2018 for detailed advice on how to save money in legal fees by dividing the property yourself, see divorce centrals faqs on financial issues of divorce, which includes, among other things, an excellent discussion of the best way to deal with the family home in a divorce. Floridom software dpa floridom family law software. Performs complex calculations and prepares legal forms. Analyze my divorce settlement is a product of economic security planning, inc. A guide to the most common financial issues of divorce. Available states find what states are available for divorce planner, including links to statespecific information and sample reports, online client input web forms and downloadable patch updates. Where can you get access to the finplan to calculate alimony. In my work with women going through divorce, many legal and financial professionals use software like finplan, family law software or. Thousands of divorce professionals use it to help their clients calculate child support. Finplan is the only divorce calculation software to make it easy to not only see accurate numbers but to quickly refine the settlement to minimize taxes and maximize aftertax cash.
Family law software child support alimoney floridom inc. Child support calculation rules differ by state, and in most states specific software has been written to perform those calculations. Once divorced, your old wills, trusts, and other legal documents will need to be updated to ensure your wishes are carried out properly. We use cookies to give you the best possible experience on our website. Calculates pension value, alimony, present value and more. Your are contemplating a divorce and need to identify the basic information involved. This software includes 16 basic calculators accessible through one screen of options. But preparation and financial planning during and after divorce can help you protect your financial interests and take charge of your future wellbeing.
Jacki has also developed software applications that help with preparing qdros and provide financial tools for divorce settlements. The features on this page are specific to illinois and are in addition to the features shown on our home page. These and other leading media companies have repeatedly discussed the companys powerful, economicsbased approach to personal financial planning. Divorce power analyzer florida basic edition floridom. There are also detailed help files online that include a table of contents and index. As a legal publisher for over a century, thomson reuters has played an integral role in the u. For the business and practice of law, rely on industryleading products and services from thomson reuters. The financial ramifications of a divorce can be devastating. Financial planning software can speed up the more mechanical aspects of the process and get the client involved in the conversation which goes a long way towards establishing a commitment to the plan. Easily analyze and compute alimony, child support and even monthly expenses. Tax issues various tax situations can arise following divorce. The data we can now access has enabled us to complete our gabriel reports so much more quickly and efficiently. See statespecific information and sample reports on the reports link. Alimony the court sometimes refers to it as spousal support is a courtordered payment from one spouse to the other during or after the divorce and often a topic of contention during divorce negotiations.
With divorce financials, family law professionals can simultaneously show the aftertax impact on the income of both parents for up to five alimony payment. Zielinskis calculator called 20 dfs taxcalc has just come out recently but more and more attorneys and judges are using this now. Now is the time to make your office and staff more productive with our software solutions. Family law software easily handles all of the financial issues in a divorce case. Plan before, during, or after the divorce with a certified divorce financial analyst. It is strongly recommended that you close the finplan software before running any patch update. Finplan family law software suite consists of four parts.
Why do you not have pennies or cents in the calculations. Divorce financials doesnt require the expertise of an accountant attorneys, paralegals and other divorce professionals trust divorce financials for a fair, accurate divorce settlement. This versatile software offers a variety of tools like. Where can you get access to the finplan to calculate alimony for a dissolution. By looking at results for both parties simultaneously, you can accurately evaluate divorce settlements in minutes.
Finplan divorce planner releases updates each year for 4 states. My husband wants a divorce after cheating on me after 8 yrs of marriage. Child support calculation software custody x change. Various tax situations can arise following divorce. It takes the data and provides instant reports on the financial impact of the divorce, including child support amounts, what happens when each parent claims the children for taxes, and how alimony affects the case. The importance of financial planning in the divorce process unfortunately, one of the most overlooked aspects of a divorce is the financial impact that a divorce settlement agreement will have on the litigants future subsequent to the finalization of the divorce process. Finplan is a great allround tool helping us manage compliance, crm, portals and accounts as well as our client data. Missouri is a nofault divorce state, which means if one party testifies that the marriage is irretrievably broken and there is no likelihood the relationship can be saved, the spouses will get their dissolution and the marriage will be legally over. In a latelife divorce, however, reducing an assets value in the property division to account for likely tax consequences is appropriate.
Do not rely on divorceplanning software seeking alpha. Faqs family law software financial planning for divorce. Divorce financials software free download and software. Illinois family law software makes it easier to create guidelines and the illinois disclosure. Divorce financial planner cost of divorce faggio financial. Where can you get access to the finplan to calculate. A license allows installation of the desktop software on an unlimited number of machines for use by the licensed professional. Among the complicated topics in divorce are child custody and child support, property division, allocation of marital debt, and alimony. Support center customer service and product support.
Do it yourself divorce forms, sites and information to assist you with your quick or. You want to organize information about you and your family to provide the relevant data to your attorney, financial advisor or others who will be assisting you in obtaining or resisting a dissolution of your marriage. We have recently undertaken a database transfer for our company with bluecoat software. Finplan divorce planner 2010 what runs codeweavers.