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Category: Divorce

April 5, 2024

Your Divorce and the Expiration of the Tax Cuts and Jobs Act 

Navigating the financial aspects of a divorce can be hard enough without also worrying about the impact of legislation on your personal financial life. And yet, here we are! At the end of 2025, several provisions of the 2017 Tax Cuts and Jobs Act (TCJA), the most notable tax legislation to pass since the 1980s, are scheduled to expire. Given the number of years in which the TCJA has now been in place, divorced or divorcing individuals may have been… Read more ›

April 5, 2024

Divorce and Tax Planning: Some Important Considerations for Your Divorce

Divorce is challenging. Navigating both the emotional and financial complexities of a divorce can be difficult since divorce is not something a person regularly goes through. Some helpful news, though, is that facing the impact of marital dissolution on your tax situation is something a little advance knowledge can assist with. CBM’s divorce financial planning team has provided the following insights to make managing a tough situation a little easier. Easier does not mean easy. Should you have questions about… Read more ›

March 5, 2024

CBM Donates to Collaborative Divorce Tristate Marketing and Social Outreach Campaign for Third Consecutive Year

Councilor, Buchanan & Mitchell’s (CBM) divorce financial planning team has donated to the Washington, DC-area’s tristate marketing and social outreach campaign for the third consecutive year. The initiative, driven and administered by DC-area collaborative divorce groups, drives communications efforts through social media to expand awareness of the collaborative divorce process in the tri-state region. CBM’s team of experienced professionals specializes in delivering financial planning-related services including in the areas of dispute resolution and mediation for individuals participating in the collaborative… Read more ›

February 19, 2024

Abbie Niehoff to Present on Financial Considerations for Divorce in Maryland

Abbie Niehoff, a manager of divorce financial planning services at Councilor, Buchanan & Mitchell (CBM), will co-present on financial considerations for divorce on Tuesday, March 12 from 7 to 9 pm, covering areas such as the marital home, pensions and retirement, insurance and spousal support. The presentation, which is part of a six-part series covering many topics focused on divorce in Maryland, will be co-sponsored by New Beginnings, the Bar Foundation of Montgomery County and the Collaborative Practice Center of… Read more ›

February 19, 2024

The Role of Certified Fraud (Forensic) Examiners During a Divorce 

Divorce is a sensitive and challenging process that involves not only emotional but also intricate financial negotiations. In these situations, transparency is paramount to ensure a fair and equitable distribution of assets. This is where Certified Fraud Examiners (CFEs) operate as unsung heroes, utilizing their specialized skills in forensic accounting and fraud detection to ensure a fair outcome.   Understanding the Complex Landscape of Divorce Finances Divorce often unveils a complex financial landscape, due to the need to account for every… Read more ›

November 14, 2023

What to Keep in Mind in a Divorce if You Own a Rental Property

Going through a divorce can be a very stressful and life-changing time. There are many aspects individuals must consider when a rental property is involved in a divorce. We are here to guide you through some of those considerations. The initial questions that must be answered include: If the Property is Currently Rented One option for the parties to consider if the property has positive cash flow (income) is to continue maintaining the property as rental property until the tenant’s… Read more ›

November 14, 2023

CBM to Sponsor 2023 Collaborative Professionals of Northern Virginia Holiday Party

Councilor, Buchanan & Mitchell (CBM) will serve as a silver sponsor of the 2023 Collaborative Professionals of Northern Virginia holiday party on Thursday, November 30. The event will be held at The Koi Room in Falls Church, Virginia. Several of CBM’s team members are actively involved in CPNV including Jordan P. Egert, partner and co-director of divorce and litigation services who serves as CPNV’s treasurer. Egert will attend the 6:30 – 9:30 pm event with several colleagues including Jane Ochsman… Read more ›

October 10, 2023

A Joint Expert Could Be Just What the Court Ordered

  There’s often a perception that financial expert witnesses are biased in favor of their clients’ financial interests. In reality, credentialed professionals must adhere to various ethical standards that require them to be independent and objective when serving as an expert witness in a litigation matter. But sometimes experts aren’t given all of the relevant information, or they may hear only their client’s interpretation of financial results, which could skew their conclusions. When this happens, the parties’ experts are likely… Read more ›

October 3, 2023

CBM to Sponsor Bar Association of Montgomery County Foundation’s 2023 Golf & Pickleball Charity Classic

Councilor, Buchanan & Mitchell (CBM) will sponsor the Bar Association of Montgomery County Foundation’s 30th annual golf and pickleball charity classic on Monday, October 9. The charity event will be held at the Manor Country Club at 14901 Carrolton Road in Rockville, MD. The foundation uses funds raised from the event to support outreach programs within the local community and to provide reduced rate or pro bono legal assistance programs. Members of CBM’s divorce and litigation practice group will participate… Read more ›

July 17, 2023

CBM to Sponsor 2023 Virginia Collaborative Professionals Annual Meeting

Councilor, Buchanan & Mitchell (CBM) will serve as a silver sponsor of the 2023 Virginia Collaborative Professionals annual conference on November 13, 2023. Members of CBM’s divorce and litigation practice will participate in the conference, which will be held at the Omni Hotel in Charlottesville, Virginia. CBM has been a long-timer supporter of Virginia Collaborative Professionals and other collaborative divorce groups throughout the Washington, DC metropolitan region. Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting… Read more ›