Category: Divorce

Why Support Payments Create So Much Resentment Few things generate as much lingering bitterness after divorce as court-ordered spousal or child support—especially when you don’t feel you have the capacity to pay, or you loathe the idea of sending money to someone tied to a relationship that didn’t work. For many payers, support feels punitive. It becomes a constant reminder of loss, a monthly withdrawal that represents reduced freedom, and a number that feels disconnected from fairness or reality. Those… Read more ›

Divorce is disorienting.  Everything feels uncertain, from finances to family dynamics. Divorce is one of life’s most disorienting experiences. Everything feels uncertain—finances, parenting, health, even your sense of identity. Unlike other life transitions, divorce comes with a built-in window of uncertainty. Civil proceedings stretch across months, sometimes years, forcing you to live without clear answers. That gap between what you want to know and what you actually know is where fear grows—but it’s also where growth begins. Why We Crave… Read more ›

Abbie (Niehoff) Frishman, manager of divorce financial planning services at Councilor, Buchanan & Mitchell (CBM), is scheduled to present at a Divorce OptionsTM of Northern Virginia workshop on Wednesday, November 13, 2024 from 5:30 – 7:30 pm EST. The Divorce OptionsTM program, sponsored by Collaborative Professionals of Northern Virginia, is a low-cast public education program presented by local experts in separation and divorce. The topics covered by presenters, who are financial specialists, attorneys and mental health professionals, include the legal,… Read more ›

Jane Ochsman Rowny, partner and a director of divorce and litigation services at Councilor, Buchanan & Mitchell (CBM), will co-host a discussion for the International Academy of Collaborative Professionals on Wednesday, October 16 at 3 pm PT. The session, entitled “Conversation time with the Financial Neutrals”, will present a discussion and networking opportunity among financial neutrals as they discuss their role in the collaborative process working with both parties in a divorce to help them understand their financial situation and… Read more ›

Councilor, Buchanan & Mitchell (CBM) will serve as a silver sponsor of the 2024 Virginia Collaborative Professionals annual conference on Monday, November 11, 2024, representing the third consecutive year CBM has sponsored this event. The theme of this year’s conference, which will be virtually hosted from 8:30 am to 1:30 pm EDT, is “Avoiding Splitting the Team in Collaborative Practice”. Click here to learn more about VaCP. Jane Ochsman Rowny, VaCP treasurer, and other members of the firm’s divorce financial… Read more ›

Jane Ochsman Rowny, CPA, CFP®, CDFA® and Jordan P. Egert, CPA, CFE, CDFA®, partners and directors of divorce and litigation services at Councilor, Buchanan & Mitchell (CBM), are scheduled to present at the Maryland Association of CPAs’ (MACPA) 55th Annual Chesapeake Tax Conference on Thursday, September 19. Their session, scheduled virtually from 10:45 am to 12 pm EDT, is entitled “Tax Issues in Divorce” and will address how the emotional aspects of a divorce may lead to financial mistakes and… Read more ›

Financial planning during and after a divorce can be overwhelming. Financial resources that had supported one household now must support two.  Having a clear picture of your income, expenses (including taxes), and assets post-divorce is crucial.  Understanding your cash flow now and into the future can play an important role in creating financial peace of mind for your life post-divorce. Income and Assets After Divorce After a divorce, each spouse’s financial resources will generally be reduced due to division of… Read more ›

Anthi Bourazani, a financial planning associate at Councilor, Buchanan & Mitchell (CBM), has earned her Master’s degree in finance from Fordham University’s Gabelli School of Business. Anthi is a member of CBM’s divorce and litigation practice group who helps clients move from difficult financial transitions toward a more secure future. Her expertise includes assets summaries and analysis, income and cash flow projections, retirement projections and financial analysis. She also publishes articles to help current and prospective clients understand the financial… Read more ›

This is the first article in a multi-part series to address the impact of significant life transitions on tax planning. Click here for Part II. Although preparing your taxes can be a smooth process in some years, significant life transitions can be counted upon to complicate your tax situation eventually. This article won’t delve deeply into each transition—other articles on our website (e.g. regarding divorce) provide greater detail for each transition. But CBM would like to offer the following overview… Read more ›

Abbie (Niehoff) Frishman, a manager of divorce financial planning services at Councilor, Buchanan & Mitchell (CBM), will co-present in a virtual session entitled “Financial Considerations for Divorce” on Tuesday, October 15, 2024, focusing on considerations for Maryland residents. The two-hour session, to be hosted from 7 to 9 pm EDT, is part of the six-week Divorce 101 series (click here for the series flyer), administered by New Beginnings to provide public education about the divorce process featuring top family law… Read more ›