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MONEY AND DIVORCE

Contact us for more information: Chelmsford Community Education 170 Dalton Rd. www.chelmsford.k12.ma.us/commed 978-251-5151

MONEY AND DIVORCE

(Course #513)

$27, Comm Ed Rm. 15, Wednesday, 7–9 pm

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1 Evening on April 1

You want to keep the house that has $150,000 in equity. Your spouse takes the stock portfolio worth $150,000. Five years from now, are one of you struggling to pay bills while the other has a growing net worth? If you are contemplating divorce, starting the process, in mediation or looking at settlement options, this two-hour seminar could be for you. We’ll look at common financial mistakes that are often made in divorce settlements and discuss how to avoid them. You’ll gain an understanding of how issues around cash flow, liquidity, income taxes, capital gains, retirement account rules, insurance, debt and credit could impact your future well-being. We’ll also look at the Alimony Reform Act of 2011 which became effective March 1, 2012 and made significant changes to alimony in Massachusetts. Be knowledgeable about your finances before you sign your settlement agreement. Instructor: Renee Senes

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