Podcast Type: Video

In Cordell & Cordell’s latest episode in its podcast series on COVID-19 and divorce, CEO/Managing Partner Scott Trout and Litigation Partner Marcie Patton-Coffman discuss the numerous financial challenges the pandemic is presenting for men going through divorce.

In Cordell & Cordell’s latest episode in its podcast series on COVID-19 and divorce, CEO/Managing Partner Scott Trout and Litigation Partner Marcie Patton-Coffman discuss the numerous financial challenges the pandemic is presenting for men going through divorce.

Leading into the Father’s Day holiday, several Cordell & Cordell family law attorneys made radio appearances to raise awareness concerning the many challenges dads face at different stages of the divorce process.

Cordell & Cordell Executive/Managing Partner, CEO Scott Trout and Litigation Partner Kristin Zurek recently appeared on Emmis Radio’s Today’s Issues with Kristi Carson to discuss a range of issues affecting men in the family court system, including two shared parenting bills making their way through the Missouri legislature.

Cordell & Cordell Principal Partner Joe Cordell recently appeared on 700WLW AM-Cincinnati to discuss many of the flaws of the modern child-support system.

Mr. Cordell spoke at length about how the system is punitive and leaves many fathers who are unable to pay child support, rather than unwilling, in a difficult position. 

In his latest appearance on Phoenix Money Radio’s “Business for Breakfast,” Cordell & Cordell Principal Partner Joseph Cordell reviewed several important tax tips to keep in mind following divorce.

Filing taxes after divorce can complicate an already confusing process. In the interview, Mr. Cordell reviewed whether child support or attorney fees are tax deductible, who has the right to claim children as dependents, what status to file under after divorce, and more. 

Divorce can have a significant impact on your taxes. And unfortunately, there is a significant portion of the population that could be losing thousands of dollars because they’re not getting the proper amount of professional advice they need regarding the value of their assets.

In a recent appearance on Phoenix Money Radio’s “Business for Breakfast,” Cordell & Cordell Principal Partner Joseph Cordell discussed how financial advisors can be of assistance to clients going through divorce when evaluating the value of their assets.

“Facebook divorces” have become more and more prevalent with the rise of social media.

Cordell & Cordell Regional Partner and Team Leader Bryan Abercrombie recently spoke with KTRH 740 AM NewsRadio in Houston to discuss how social media’s impact on divorce cases has continued to grow over the past several years. 

The financial complications of divorce are only compounded by the uncertainty of the outcome.

Last week, Cordell & Cordell Principal Partner Joe Cordell spoke on Phoenix’s Business for Breakfast, broadcast by Money Radio 1510, about how the unpredictability of divorce can complicate the decision-making process for planning your financial future for both clients and financial advisors.

“Financial planning and financial advice is arguably most critical in people’s lives when they are going through the divorce process because all of the planning that they had had in place up to that point is suddenly turned upside down,” Cordell said. “Then, you throw in the uncertainty that accompanies divorce because neither party knows precisely whats going to happen until the end.”

People going through a divorce are forced to make critical financial decisions through a “fog of war,” yet there is no time to postpone the choices.

This makes it imperative to receive trustworthy advice from experts to help you make those tough decisions, whether it’s from your attorney or other qualified financial analysts.

The choices you make during a divorce can have lasting effects on not only your own future and retirement, but also the future of your children.

Listen to the full audio from Mr. Cordell’s interview below: