8 Documents To Update After Your Divorce

Man working on updating documents after his divorce.

If you don’t update them, you won’t like what happens.

There are just a ton of legal, financial and medical documents you’re expected to keep track of to help protect and provide for you (and your family) in all kinds of different situations. For most of us it is overwhelming to try to understand and manage it all – especially when you’re going through the divorce roller coaster of emotions.

Unfortunately, there are lots of people who don’t bother with updating or changing any document outside of the divorce decree. That’s where the problems start. For example, if you were to forget to update the beneficiary to your IRA, your ex could inherit it.

Because it is so difficult to keep track of all the documents you might have and want to update when you get divorced, here’s a list of some of the more common documents you’ll want to make sure to update when you get divorced. (You’ll also want to review them on a yearly basis too.)

  • Retirement Plans (e.g., 401K, IRA, pension plan, etc.)* Retirement plans are monies set aside for an individual’s retirement. When the individual dies, their beneficiary will receive these monies.
  • Life Insurance Policy* A life insurance policy can provide for your family after your death and pay for your funeral costs.
  • Will & Trust* These documents can identify the persons or entities that will receive your property when you die, for you to appoint a guardian for your minor children, appoint those you wish to manage your estate, and revoke or alter a previous will. Remember to update your beneficiaries to reflect your new marital status. You’ll probably also want to review the guardians and managers of your estate.**
  • W-4* This document helps your employer to withhold the correct federal income tax from your pay. With your changed marital status, you might want to adjust your number of dependents to reflect your newly single status.**
  • Medical Treatment Authorization and Consent Form* This form is important when your children are not with either a parent or legal guardian. Because your children are probably in different care situations than before your divorce, you might want to make sure whomever is watching your children can help your children get appropriate medical care should they need it.**
  • Medical Power of Attorney* This document designates a person whom you trust to make health care decisions on your behalf should you be unable to make those decisions. You’ll probably want to make sure you update who this person is.**
  • Directive to Physicians and Family or Surrogates* A directive helps you communicate your wishes about medical treatment if you are no longer to make decisions due to illness or incapacity. Most people have their spouse listed as the person to make these decisions. If this is what you’ve done, you’ll probably want to make sure to update who this person is.**
  • HIPPA Authorizations at each of your doctors* The HIPPA allows you to indicate who besides you may have access to your medical information. We usually complete these forms allowing the doctor’s office to leave your healthcare information with our spouse. If you did this, you might want to change this at each of your doctor’s offices.**

* The purposes identified in this list are just casual descriptions. For legal descriptions, you’ll want to contact the appropriate authority.
** The changes to consider are just suggestions. You’ll want to work with the appropriate authority to verify which changes are appropriate for you.

Your Functional Divorce Assignment:

Which of these documents do you have? For each of the documents listed in the table that you’ve already got, take the time to review and update them.

Which of these documents are you missing? For each of the documents you are missing, look at the purpose of the document and see if you want or need to have it. For each document that you want or need, have the appropriate professional create it for you.

Where are your documents? There are some documents that you’ll want to keep handy. You’ll want to make sure that the appropriate family members know where your documents are kept. You’ll probably also want to make copies of the documents for yourself and family members so everyone who might need them has them.

There are other documents, like the HIPPA Authorizations at each of your doctor’s offices, which someone else will keep the originals of so that you’ll just have copies. You’ll want to keep tabs on these as well so you’ll have an easy time updating them next year.

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

If you’re looking for more help on how to navigate the challenges of your life now, read more articles on Life After Divorce.

Changing Your Mood Might Be As Easy As Changing Your Shirt

One of the most curious things that happened when I was going through my divorce was that I started to wear black almost all the time. What was so curious about it was that I had always loved color, but for some reason I didn’t understand then, I was drawn to wearing all black for quite a while. It was really different for me and many of my friends commented on my new wardrobe choices.

At the time, I didn’t think too much about it. And after about 6 months, I started to wear more colorful clothing again.

A few years ago, while doing research about emotions and ways that environment affects our moods, I found there is a wealth of research on how colors affect our moods and vice versa. I was really surprised by what I learned because it explained why I had been drawn to different colors while I was going through the worst of my divorce.

Here are some of the things I’d like to share with you about color and how it can affect or reflect feelings:

Black Many of us associate the color black with mourning and that was my first guess as to why I was drawn to it during the worst of my divorce.  Well, according to color therapy theory, black is also the color that gives us space for reflection and inner searching.  I have to tell you that I was doing a whole lot of thinking and trying to figure things out while going through my divorce and so this makes a lot of sense to me.
Blue Blue is the color of a beautiful Caribbean sea and the color of a sunny sky.  Like a sunny day spent lazing on the beach, blue is the color of relaxation.  Color theorists say that blue also promotes relaxation and healing.
Red Red is a VERY energizing color.  You probably remember from watching cartoons when you were a kid that when characters were angry their eyes became red.  You’ve probably also heard the phrase “seeing red” to indicate that someone is angry.  Red intensifies emotions, especially anger.
Yellow Yellow is an interesting color from a color theory point of view.  It is said to stimulate mental activity, promote feelings of self-confidence and increase alertness.  Who wouldn’t want a healthy dose of those feelings?
White White light contains all the colors.  If you need clarity in your thoughts, white may just be the color you need to see more of.

So does this color theory work? Many believe it does. I know that I enjoy being surrounded by colors and that some days I prefer one color over another. I know that when I feel confident and calm, I do tend to wear blue. When I’m feeling vibrant, I tend to choose red. And when I need things to be more organized and clean, I tend to choose white.

What color are you wearing today? Is it a reflection of your mood or thoughts? Is it just the first clean thing you grabbed to put on? Or is it your signature color? You just might be surprised about what the color of your shirt says about how you’re feeling and thinking.

Your Functional Divorce Assignment:

Determine if color therapy could be useful in your life. This week, have some fun noting the colors you wear each day and how you feel. At the end of the week, compare your color/mood combinations to the list above and see if your moods matched the colors.

If you find a correlation between the colors you wore and your moods, experiment with adding more of the colors you were wearing when you felt good. Adding pops of the colors that help you to feel good into your home and office could help you to get back to and maintain a good feeling.

If you don’t find a correlation between the colors you wore and your moods, don’t worry, it just means that you’re probably not especially sensitive to colors right now.

I’m Dr. Karen Finn, a divorce and personal life coach helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice or schedule a private consultation with me.

If you’re looking for more help to change your mood after divorce, read more articles about Healing After Divorce.

How A Small Shift Made A World Of Difference

As I was driving home from a networking event a couple of weeks ago, the low-gas light came on in my car. I was so tired from all the activities of the day that I decided to wait until the next morning to fill my car up.

The next morning, I headed over to the gas station at Walmart. As I got closer to the store, I debated with myself about whether I wanted to cut through the parking lot or wait through an extra light to get to the pumps. If I went through the parking lot, I ran the risk of needing to wait for people crossing the road and other cars jockeying for the best parking spot. If I waited for the light, I was stuck making 2 left-hand turns at lights. I really don’t like having to wait for the lights to make the turns, so I chose to cut through the parking lot.

As I neared the entrance to Walmart, there was this older guy pushing his cart down the middle of the road. My first thought was, “Figures! I knew something like this would happen.” Then I changed my mind and realized that in a few more years, that might be me struggling to maintain my dignity and do my own shopping even though it was hard for me to walk and wanting to minimize the walking I had to do even if it meant walking in the middle of the street to get to my car. That thought immediately changed how I was feeling. Instead of being frustrated and impatient, I relaxed and patiently waited for the man to get across the street.

After he moved out of the middle of the road, I continued on my way and filled my car up with gas. I had a few things I wanted to pick up at Walmart, so I drove back through the parking lot in search for my own spot.

As I was slowly making my way up and down the aisles, I thought I spotted the same older guy walking back up to the store. No, it couldn’t be, I reasoned. It must just be another old man that reminded me of the first. I found a great parking spot and walked into the store to buy a couple of things.

As I was walking out of the store I noticed an old guy sitting on one of those motorized carts with his head in his hands. I almost got all the way out the doors before I realized that it was the same guy I kept seeing! I walked up to him and asked, “Didn’t I see you walk out of the store earlier?” He told me yes and that he was having a hard time finding his car. I asked him what kind of car he was driving and he told me a dark blue Kia. So I started out of the store on a mission to find his car for him.

I got just outside and I realized that I would never spot his car and that I should ask him if he was comfortable with me driving him around the parking lot looking for his car. He about jumped out of the motorized cart he was so happy to have me help him like that. We gathered up his bags and started out to my car.

I could tell he was really pushing himself to walk quickly, but I kept a slow pace and just chatted with him about where I had parked and hoping to give him the idea that I had plenty of time and I was parked close enough that he wouldn’t have to walk too far.

And then, just as we reached the parking aisle, he looked over to the right and said, “Is that my car?” Sure enough, he found his car right away – before we had even reached mine.

As I was helping him get his bags into his car, he admitted that he wasn’t supposed to be out walking without his walker and that he was so thankful to be back to his car.

Now it was a little thing for me to notice that an old man was walking down the middle of the street in a parking lot. It was another little thing for me to notice an old man walking back into Walmart. And it was yet another little thing for me to notice a tired old man sitting in a motorized shopping cart. But it was a big thing to that man.

Little things are like that. Individually, they’re itty-bitty things, but added together, they can make a world of difference. I’m not just talking about how little things can add up for helping someone else, but even for us. In fact, this idea of itty-bitty things added together is a major philosophy behind the work I do. For anyone going through divorce, making little changes in perception and then taking action can create a world of difference.

Your Functional Divorce Assignment:

What little things have you chosen not to notice that might make a big difference in your life? Just like my noticing the old man walking back and forth through the Walmart parking lot, what might you need to notice about you or your kids as you’re transitioning from married to single?

Now that you’ve noticed something you might have overlooked before what do you need to do to make a difference? The thing you choose to do might be something small, but sometimes something small is all it takes to make a world of difference.

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

© 2013 Karen Finn. All rights reserved under all copyright conventions.

Divorce Is Tough. The Mortgage Doesn’t Have To Be.

Should your life after divorce include living in the marital home?

By Mark Watson, Loan Officer, Guardian Mortgage Company, Inc.
www.guardianmortgageonline.com

This is a terrific article. It’s jam-packed with information that I am so happy to be able to share! I’ve added just a few comments in square brackets [].

If you are going through a divorce, you are probably exhausted by all the details and decisions that have to be made as the two of you separate. Even in the most amicable situations it can be very emotional. [Remember there are the 5 facets of divorce – social, emotional, legal, financial and functional – that all overlap. So it makes sense that in the midst of making the decisions required to divorce that you would experience a lot of emotions.]

There is usually a lot of discussion about the house as it usually represents the family’s largest asset. [Dealing with an asset would be an example of the financial facet of divorce. When dealing with the financial facet of divorce it’s best to remain primarily in a business mindset instead of an emotional one because you’ll be better able to make decisions you can live with for the long haul.]

While divorce is a tough process, resolving the mortgage doesn’t have to be. According to Mark Watson, Vice President of Guardian Mortgage Company in Plano, Texas, there are three things homeowners can do to make it easier on themselves:

  1. Make realistic decisions.
  2. Understand your loan options.
  3. Seek help.

Make Realistic Decisions.

In many divorces, the home is refinanced in the name of one of the spouses and any profit or losses are negotiated between the couple. Sometimes the home is sold, and sometimes there is a long-term agreement in place about the home. Occasionally, a house with no mortgage is given to one spouse as part of the divorce settlement.

“It makes no difference to the mortgage company whether or not the name changes on the mortgage,” notes Watson. “However, the spouse no longer living in the home usually does not want to be responsible for it. Plus, they may want some cash out of it.”

If your house is paid off, a quit claim deed can be an easy solution to home ownership in a divorce settlement and make your life after divorce easier.

If there is no mortgage on the home, and one spouse plans to keep it as part of the settlement, the process is simple. “The attorney prepares a quit-claim deed and records it as part of the divorce,” says Watson. “The home belongs to just one spouse from that point forward.”

Most homes have a mortgage, though. There are a number of questions that must be answered in order to pick the right process for your situation, but the most important is “which spouse can afford to keep the home after the divorce?” It is often the most difficult as there is often a lot of emotional attachment towards the house that may not have anything to do with the financial realities of the situation. [The best way to answer these questions is from a business-minded perspective. The “businesses” to be considered are the financial business of each spouse post-divorce as well as the business of raising happy, healthy children. In other words, you need to keep in mind what your life after divorce will really be like if you choose to keep the house.]

The spouse with primary custody of the children will often want to keep the home to provide a stable environment and to stay near school and friends.

“I often see couples where the wife isn’t working and hasn’t worked in years,” says Bruce Rayburn of The Rayburn Group of Ebby Halliday Realtors based in Plano, Texas. “This makes it very hard to qualify for a refinance. Even if both spouses were working at the time of the divorce, it doesn’t mean either spouse can afford the mortgage with only one salary.”

“Even getting child support is often not enough,” Rayburn adds.

Besides the amount of income required to qualify for a refinance, the source of the income makes a difference. “For conforming loans ($417,000 or less in most areas of Texas), alimony and child support cannot count towards qualifying income until there have been at least three months of steady payments. In addition, the paying spouse must be required by law to pay for at least three years after the closing date of the sale,” notes Watson.

“For FHA Loans, the requirement is six months of payment. Furthermore, if the amount of alimony or child support is greater than 30% of the borrower’s income, then a full year’s worth of reliable payments is required.”

[Regardless of where you live you need to know a lot about what the legalities and implications of keeping the house are as you make decisions that will impact your post-divorce lifestyle and residence.]

Understand Your Loan Options.

Many couples believe that they have to sell or refinance the home in order to finalize the divorce, which is not always the case. Sometimes sale or refinance of the home is delayed for months to years. 

According to attorney Penny Phillips of Plano, Texas, many families with children want to keep the family home for them until they are older and/or in college. “In this case, one spouse will sometimes agree to wait to get the equity out of the house until after the children have left,” says Phillips.

In Texas, a lien can be placed on the house – called an Owelty Lien Agreement – such that one spouse will own the house, but the other will still retain rights to equity that was present in the house at the time of the divorce. This gives the first spouse the right to make improvements and to own the home, but the second spouse will get his or her share of the equity later when the kids are grown or the market improves or whatever reason the couple has chosen to wait.

“It is a win-win because the owner-spouse gets the benefit of all improvements and equity growth in the meantime, but the other spouse still gets the benefit of all the years of contributing to the equity when they were married,” adds Phillips.

“Since the home is not sold or refinanced, there is no need for the remaining spouse to get qualified for a new mortgage until the cash-out time. They just need to keep making timely payments. This is a good solution for situations where the divorce is fairly amicable and the spouses can work together for this common goal. I always advise that they tell the mortgage company about the divorce, however, as both partners need to continue to get notices about the loan,” says Phillips.

[Keep in mind that just because a divorce starts out amicably doesn’t mean it will stay that way. So making sure that both spouses continue to get notices about the loan is a smart decision. After all, keeping life after divorce amicable between exes requires regular, respectful communication, but tempers can still flare despite the best efforts.]

“We generally see Owelty Liens when a couple is in the process of refinancing the home,” notes Watson. “You don’t need to wait a specific amount of time to use it, and it has the added benefit of letting you do a “special purpose” refinance and go up to 95% of the appraised value of the home. This provides more equity at the end of the process.

“Current “cash-out” guidelines for refinancing in Texas allow for financing up to 80% of the loan value. A special purpose refinance allows you to get an extra 15% out of the home, which is then shared between the couple as per the terms of their divorce. I always talk to my clients about Owelty Liens because it can make a big difference if one partner is trying to buy another home, for example. Also, if the other partner finds out after the fact that they could have gotten more cash out of the refinance and didn’t, it can cause more unhappiness all around.”

Seek Help.

Dividing up the marriage assets is emotional and financially risky if you are not sure what you are doing. Early in the divorce, both spouses should consult their mortgage provider, realtor and CPA as well as an attorney in order to review their options and the financial and tax consequences of certain decisions. These objective outsiders will help you navigate your particular situation and direct you to other resources. In addition, they can act as a go-between if the divorce is contentious.

[One other divorce professional you may want to contact when dealing with the financial questions of divorce is a Certified Divorce Financial Analyst. These professionals are trained in how to help couples develop different scenarios for an equitable division of their assets and debts so they’ll each have a better picture of what their financial life after divorce will be like.]

“It is a false economy to do a divorce yourself. I’ve seen couples ruin their credit by doing it wrong. In one case, so many mistakes were made; one partner almost went to jail. It’s not worth it,” said Phillips. “Plus the experts can tell you about Owelty Liens and other ways to get the best out of a bad situation.”

“Lack of communication makes the divorce harder,” says Rayburn. “I often will work with both spouses in a divorce to help sell the old home, refinance and/or find a new, less expensive home if that is their post-divorce reality. I’ve even helped people through multiple relationships over the years because I was able to facilitate communications between the parties.”

“I often give my clients a list of good appraisers to call on,” says Watson. “Even if they don’t plan to sell or refinance right away, they need an appraisal in order to fairly determine the value of the home for the divorce settlement. I can then take that appraisal and show them how much equity is in the house so they can have more meaningful discussions.”

As with most issues related to divorce, there is no single best way to handle your mortgage. Divorcing couples must take a long look at their finances, and make realistic decisions based on a thorough understanding of their options.

Have more questions about how to handle your mortgage through divorce? Contact an experienced loan officer like Mark Watson at Guardian Mortgage Company today about your specific situation. Guardian Mortgage Company has been serving North Texas since 1965. Mark Watson (214) 473-7954.

Your Life After Divorce Assignment:

If you’re at the point of trying to decide what to do with the marital home, focus on the business decision you need to make. Despite how much you are attached to your home, the fact is it’s just a thing, a place. Spending your energy deciding how to best deal with this marital asset instead of what it represents will help you come to the best decision for you – the decision that you’ll be most comfortable with financially and emotionally in the long haul.

If it’s difficult for you to separate the business aspect of this decision from the emotional one, give me a call at 817-993-0561 so we can schedule a Complimentary Consultation and together we’ll figure out a way for you to have an easier time making the decisions you need to make as part of your divorce and make your life after divorce as good as it can be.

You don’t have to go through this alone. I’m Dr. Karen Finn, a divorce coach and advisor. I understand what you’re going through because I’ve been through it too. I’ve been helping people just like you who are dealing with all the stress and pain of divorce since 2007. You can join my anonymous newsletter list for free weekly advice or email me directly for a free consultation at Karen@functionaldivorce.com.

Are you looking for more tips about setting yourself up for your best possible post-divorce life? You can find more great information at Life After Divorce.

All Tangled Up?

Have you ever felt all tangled up on the inside and didn’t know which direction to turn?

Or maybe you’ve felt that you’re stuck in quicksand and it’s taking all your effort to just make it through each day?

Or worse, you’ve felt that you’re wearing a choke-chain of all your responsibilities and don’t really know who you are anymore?

Don’t worry. I’ve been there. In fact, everyone I know who has been through divorce has been there before too. Overwhelm can be hard to overcome and yet it’s a common part of divorce. Knowing how to get through it or stop it all together is a critical skill to develop. What I’m going to share with you today are some of the techniques I regularly use with myself, my family and my clients when things start to feel overwhelming.

1. Change your story.

When I was finding my way through the aftermath of my divorce, I used to tell myself really scary stories. They were stories of doom and I told them over and over again – like a broken recording. I was feeling overwhelmed and the stories I told myself made things worse. I didn’t see any way that I could ever stop the chaos I was living in. I felt like I was performing and not really living. I was really miserable!

But, things slowly changed when I started changing my internal story. Instead of envisioning a life of doom and destruction, my stories became more about experiencing sadness and then more about being tired of the sadness and imagining what changes I could make. And then, I started actually making changes – some really big changes. I started living again instead of feeling like a prisoner of circumstances.

It can be the same for you. Simply by changing the story you’re telling yourself, you can dramatically (even if it takes time like it did for me) change your life for the better and stop feeling overwhelmed.

2. Take care of you first.

For those of us who have a tendency to get burned out, when we feel stressed about out divorce it can be especially easy to forget about taking care of ourselves and just focus on what needs to be done for others instead. After all, they’re depending on us, right?

It’s easy for me to identify a new client who isn’t taking care of themselves because they have a difficult time answering questions like

  • Are you getting enough sleep?
  • Are you exercising?
  • Are you eating nutritious meals?

in the affirmative. They’ll squirm a bit before answering or try to deflect the question with a joke or some explanation as to why they can’t sleep or exercise or eat well.

If you can’t honestly say you’re getting enough sleep, adequate exercise and eating well, you would probably benefit from taking better care of yourself. Taking care of yourself isn’t an afterthought – something you do after you take care of the rest of your responsibilities. Taking care of yourself is VITAL to you being able to take care of your responsibilities. Without your physical well-being, you won’t be able to take care of anyone or anything else, so, please, make sure you’re putting you first and treating yourself well.

3. See the lighter side and laugh.

Somehow, when things are really miserable and you’re just not sure how you’re going to deal with one more pressure, there comes a moment when you realize just how ridiculous everything is – all the pressure and stress suddenly become laughable. I’ve found the best thing to do when I reach that point is to laugh. I’m not talking about a simple tee-hee-hee or chuckle, I’m talking about a really deep from the gut laugh.

Laughter is a great cure for stress and overwhelm. It causes you to loosen some muscles and tighten others. It requires you to breathe differently and it gets some different hormones flowing through your body – the kinds that help you to feel better.

In working with my clients, I often incorporate really bad jokes to get some laughter going. Laughing always lightens the mood and allows my clients to see things from a slightly different angle and break the strangle hold overwhelm had on them.

With overwhelm and stress being such common elements of our daily lives – not to mention divorce, these 3 simple ideas can be a great springboard for you to prevent yourself from succumbing to burn out.

Your Functional Divorce Coaching Assignment:

The next time you’re feeling stressed out, pick one of the 3 suggestions above and try it out. After all what have you got to lose besides your stress? I know that if you consistently take the necessary steps to help you deal with the stress of your divorce, you’ll be better able to manage it.

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. And if you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

© 2013 Karen Finn. All rights reserved under all copyright conventions.

Just finished a great book – Raising the Kid You Love with the Ex You Hate

Image of co-parenting book: Raising the kid you love with the ex you hate

Edward Farber, PhD is releasing his new book Raising the Kid You Love with the Ex You Hate next week. I was lucky enough to receive an Advance Reviewer’s Copy and I do mean lucky.

Ed’s book is full of fabulous advice about how to make the business of co-parenting work after the business of marriage has failed. The basis of his advice about successful co-parenting hinges on these three principles:

  1. Your child needs both parents
  2. Reduce parental conflict after the separation
  3. Both parents make decisions

Parents who can agree to abide by these three principles will have a headstart in helping their children be happy, healthy adults. To be implemented well, each parent needs to be consistently focused on them and communicate regularly with their ex to make sure they’re on the same page. Continuing to interact with your ex after divorce may not be something you look forward to, but, as Dr Farber points out, it’s necessary to being able to raise the kid you love.

I really appreciated reading this no non-sense approach to making co-parenting work along with the real-life stories from Ed’s practice, but probably the best part of this book is the fact that he shares ideas for non-ideal co-parenting situations. He offers suggestions for dealing with an ex who is more interested in revenge than in successfully co-parenting, for how the co-parenting arrangement will naturally need to change as your kid grows older, for dealing with an ex who has emotional, psychological or addictive disorders, and even for dealing with kids who may be embellishing the truth to get into your good graces.

This book is an ideal resource for parents who are divorced or divorcing and committed to continuing to be great parents.

You can check out the book at Raising the Kid You Love with the Ex You Hate.

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly adviceIf you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

If you’re looking for more help on how to navigate the challenges of your life now, read more articles on Life After Divorce.

The Rust Of Life And Divorce

Last week, one of my dear friends sent me a message. He sends messages just about every day to his friends to inspire and comfort. Jon’s one of those guys with a really big heart who knows how to make sure his friends really feel how much he cares for them.

This one message he sent to me last week really got me to thinking. It read, “…doubt is the rust of life. Doubt holds you landlocked in paralysis unable to move either way. The time you spent doubting is the time you are not alive. So, rid yourself of the doubt, take that step one way or another, your heart knows what is best, but take it right now.”

What an incredible message! It was like Jon had looked right at me and told me exactly what I needed to hear and what I knew I needed to share with you.

Doubt is one of the major immobilizing emotions of divorce. Uncertainty comes in all kinds of different shapes and sizes during divorce. There’s doubt about whether or not the decision to divorce is the right one, there’s doubt about how to best help the kids understand the divorce, there’s doubt about what life will be like during and after the legal proceedings and fees along with all kinds of other self-doubts.

The doubts that come with divorce are usually an indication of fear and a need to reconcile your previous way of life or doing things with the way things are or even could be in the future. It’s normal to have doubts and fears when your life changes dramatically. However, they can also become debilitating and that’s definitely something to avoid.

Instead, doubts are best used as a way to become aware that there’s something deeper to be explored and brought out to the light. One of the quickest ways I know to allow yourself to bring that something deeper up to the surface is through a thoughtful relaxation exercise. I’ll share the exercise with you in Your Functional Divorce Assignment.

Your Functional Divorce Assignment:

Sit in a comfortable chair with your feet flat on the ground. Take a deep breath in. As you exhale, start to imagine all the stress and strain from your body draining out. Draining from the top of your head, down through you neck, your torso, your legs and out through the bottom of your feet deep, deep into the ground.

Continue breathing deeply. Every time you exhale imagine more of the stress and strain in your body draining out through the bottoms of your feet deep, deep into the ground.

Enjoy the sensation of your body beginning to relax. Your neck and shoulders are loosening up. You’re sitting deeper into the chair and your entire body is relaxed as the stress and strain continue to drain out of your body.

When you’re feeling calm and relaxed, gently ask yourself about your doubt and what decision you need to make. As you remain relaxed, an answer to your question will emerge. It may or may not be the answer you were expecting, but you will have an answer that you can move forward with to dispel your doubt.

I know doing this technique on your own can be a bit challenging. So, if you’re serious about wanting to dispel your doubt and would like some help, let me know. You can reach me by email at karen@drkarenfinn.com and by phone at 817-993-0561.

I’m Dr. Karen Finn, a divorce and personal life coach helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice or schedule a private consultation with me.

Wrapping Up 2012

Most of us tend to be forward thinkers. We’re always looking at what’s next. As soon as we finish one thing, we rarely take the time to savor our success before we’re off to the next task or adventure.

This time of year, most Americans are gung-ho about their New Year’s resolutions before the struggling of achieving them sets in over the next few days.

One of the best ways to build the strength and determination to achieve your New Year’s resolutions is to build your belief in yourself by spending a little time reviewing all the good things that happened in 2012 – especially those things that help you know you can achieve your resolutions.

When you’re going through divorce, it’s especially important that you take time out to savor the good things. For most people, divorce has a way of coloring things with a more negative cast. The thing is there are usually good things that happened during the past year too. It’s worth the time to find and appreciate them so your world view can be a bit rosier and happier.

When I review all the things I’ve done, accomplished, and experienced in the previous year, I’m always amazed at how much good stuff I packed into the year! It takes me a couple hours to review my calendar, my business results, photos, my facebook wall posts, and my tweets for the previous year. Besides allowing me the time to appreciate my family, friends, business associates and clients, my year-end review helps me to prepare for the coming year and set more realistic resolutions for the New Year.

Your Functional Divorce Assignment:

Make your year-end review a priority and schedule a couple of hours for it. Once a year, it’s totally worth taking this time for yourself to review where you’ve been and see where you’d like to go.

Gather together your calendar, pictures and anything else that will help you remember all the good stuff from 2012. You may be like me and want to check out your facebook wall too!

Keep your appointment with yourself. Enjoy reviewing all the wonderful things that you got to do, see, and accomplish in 2012. Use the oomph you get from this to help you set and accomplish the resolutions you’ve made for yourself.

Schedule more time if you need it. I find that sometimes people need a bit more time to get through their year-end review when they’re going through divorce. Sometimes the review can trigger some other emotions that need to be worked through. If that happens to you, don’t worry, you’re not alone. Allow yourself the time you need to process your thoughts and feelings and then get back to enjoying the good things.

If you’re ready for an outside perspective and ready to get the help you deserve to make 2013 your best yet, reach out to me by email at karen@functionaldivorce.com or by phone at 817-993-0561. We can schedule a Complimentary Consultation to help you put your plans in place for making 2013 your best year yet!

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. If you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

Flexibility: It’s About More Than Just Muscles

Life changes a lot when you separate and divorce. Things that used to be a regular part of life just aren’t anymore. And when things change in unexpected ways, we can get scared, frustrated and angry.

When clients begin working with me, they’re usually experiencing some combination of fear, frustration and anger. One of the first things we do is dive into what’s behind or at the root of these emotions. What we usually discover on our deep dive are limits that have been disregarded in some way. The limits could be behaviors, expectations, thoughts, beliefs or even habits.

The identification of your personal limits is a critical part of restructuring your life during and after divorce.

Some people are quite adept at identifying their limits – what they can and can’t do, what they think and why they think it, what they expect and why they expect it and what their habits of thought, belief, response and action are.

Others aren’t as aware of their limits. They aren’t quite sure of what their limits are or even if they want to know because they do and think what others tell them to.

And then there are people everywhere in between these two extremes.

Regardless of your starting point, I think knowing and understanding your limits is one of the key pieces to successfully navigating divorce. Your limits can help you understand what’s truly important to you as you negotiate your settlement. And knowing your limits will even allow you to ask for help and support when you need it.

Your limits will be tested, pushed, prodded, and beat against before, during, and after your separation and divorce. Who’s doing all this “exploring”? EVERYONE. Or at least it will probably feel that way. However, the chief “explorers” are usually your soon-to-be-ex and you. I’ll bet you already get how your soon-to-be-ex figures in here, but did you expect to also be one the chief “explorers”? The thing is that by virtue of going through the divorce process you’re asking yourself to completely redefine what your life is like. And anytime you or anyone else changes it’s a matter of testing and exploring previous limits.

I know all the testing, pushing, prodding, and beating against limits is at a minimum uncomfortable and at worst excruciating. However, the payoff is either an adjustment or a reaffirming of your limits along with, ideally, improved ways of communicating them to yourself and others. With your new limits you’re most often better off than you were with your old limits. Kinda like that old adage – what doesn’t kill me makes me stronger.

Great, right? There’s going to be some struggle and then things will be better. UGH! There’s nothing there about how to make the transition from married to divorce easier! And here’s where I’m going to tell you that the way to make things easier is to be flexible and loving while you’re exploring your limits so you can adjust and evaluate them by choice instead of by force.

By allowing yourself to be flexible as you explore your limits you’ll be much more able to understand and choose what to do with your limits and your life as you move forward through your divorce process. The flexibility will also allow you to negotiate from a more confident spot because you’ll be able to more easily see the options available to you. Developing the ability to be flexible will help you now as you’re navigating your divorce, but throughout your life.

Your Functional Divorce Assignment:

Know your limits. As you’re proceeding through your separation and divorce process take note of your limits. You’ll probably become aware of them most easily when you’re experiencing a strong emotion.

Explore your limits. Once you’ve identified a limit, ask yourself questions like “How did I develop this limit?”, “What’s the benefit of this limit?”, and “What might adjusting this limit be like?” Take note of what you discover about yourself.

Adjust your limits. Exploring limits almost always gives you new ideas of how to be, act, and think. Take advantage of your discoveries and adjust your limits in ways that make you feel wonderful!

As always, I’m here if you need some help in increasing your flexibility. You can reach my by email at karen@functionaldivorce.com and by phone at 817-993-0561.

I’m Dr. Karen Finn, a divorce coach and advisor helping people just like you who are dealing with the stress and pain of divorce. You can join my newsletter list for free weekly advice. And if you’re interested in taking the first step toward working with me, you can schedule an introductory private coaching session.

© 2012 Karen Finn. All rights reserved under all copyright conventions.

Watch For Tax Angles In A Divorce Agreement

This week’s post is by Wendy Knutson, CPA.

If you’re getting a divorce, you’ll have to work through a variety of financial issues governed by prevailing state law. But don’t overlook the federal income tax implications. Advance planning can be critical in the following areas:

Alimony vs. child support. Generally, payments designated as alimony in a divorce decree are deductible by the payer and taxable to the recipient. But the opposite is true for child support; the payments can’t be deducted by the payer and are tax-free to the recipient. Make sure that the decree accurately reflects your intentions.

Filing status. If you divorce before year-end, you must file your 2012 federal income tax return as an unmarried individual. Depending on your situation, you may fare better or worse as an unmarried filer. For instance, joint filers could be hurt by the “marriage penalty” if the income of the spouses are relatively equal. In that case, it may be advantageous to finalize the divorce before year-end.

Dependency exemptions. Generally, the parent who has custody of young children for most of the year is the one entitled to dependency exemptions for the children. However, a noncustodial parent may claim the exemptions if the custodial parent signs a formal waiver.

Division of property. Property transferred incident to a divorce is tax-free to the recipient. The recipient’s basis and holding period are the same as they were for the ex-spouse. If you receive property in a divorce and then sell it, you must report the realized gain or loss on your tax return.

Other special tax rules may apply to the sale of a principal residence, IRA and retirement plan benefits, and life insurance policies. In summary: Seek expert tax guidance throughout the divorce proceedings to protect your financial welfare.

Your Functional Divorce Assignment:

If you’ve got questions about taxes, give a CPA a call.