Category Archives: finances

Loan Interest and Divorce Mediation

When people are trying to figure out if 1 person can afford to remain in a home, it is important to understand how the mortgage interest will affect income taxes. Continue reading

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Retirement Planning

Retirement is an important issue to address in divorce mediation.  Frequently people have several kinds of retirement accounts–traditional IRA’s, SEP IRA’s, 403B’s, or pensions.  Some people are employed by small businesses or large corporations; others work for state or federal … Continue reading

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Raise.me

Financing college education is challenging for just about everyone.  However, children whose parents are separated or divorced face additional obstacles.  Filling out the Federal Student Aid Application, applying for scholarships, and obtaining loans each require coordination, detailed financial information, and … Continue reading

Posted in Baltimore Mediation Services, Co-parents, Divorce, Family, finances, parents, raise.me, separation, Sheila Russian, Uncategorized | Tagged , | Leave a comment

Young Adults and Money

This morning on the Diane Rehm Show on National Public Radio, there was a great conversation, “Young Adults and Money.” The guests discussed the importance of providing young adults with education in financial literacy, so that they can make informed … Continue reading

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Financial Decisions

Sheila Russian recently attended, “Financial Divorce Settlements From Start to Finish,” sponsored by the National Business Institute. The seminar included valuable information about: • The tax consequences of traditional IRAs and Roth IRAs • Taxes on Military Pensions and Federal … Continue reading

Posted in Baltimore Mediation Services, Communication, Divorce, Divorce Mediation, finances, Sheila Russian, Uncategorized

2013 Tax Returns

Have you seen ads claiming that Americans overpay taxes by $1 billion each year? (“Get Your Billion Back American with H&R Block,” http://newsroom.hrblock.com 1/15/14) Are you wondering whether or not you are taking advantage of all the tax deductions and/or … Continue reading

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Prepare for Summer

  It may be hard to imagine while we are still enduring frigid temperatures, but in a few short months schools will close, and summer will begin.  For divorced or separated parents, the end of winter is a great time … Continue reading

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