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How can I use the software as a general financial planning tool?

Many people have told us that the software is so good that they would like to use it for general financial planning. With some minor juggling, it is possible to do this. To use the software for planning outside of the divorce context, do the following: That’s it! The software’s reports will now reflect the […]

Why do you not have pennies or cents in the calculations?

Our view is that in general, pennies or cents are not meaningful. In addition, we are frequently dealing with situations in in which is difficult to fit all of the numbers and text on a particular line. To enable numbers to fit as well as possible, we have adopted a rule that all numbers are […]

What if my client’s gender is neither male nor female?

Here is the reason we ask for the parties’ gender: 1. A few states still have headings on their child support guidelines of “mother” and “father.” 2. The pension mortality tables are male and female. If there is a defined benefit pension, you should pick whichever gender you think will more closely match the mortality […]

How can I open a file in a different state?

Here are the steps to work on a file in a different state. You may be in New York and have a situation where the action is occurring in Connecticut, for example. Here are the steps to switch the state of action (which is used for the child support calculation) to Connecticut. 1. Open a […]

How do I enter payroll deductions that are not explicitly listed?

One approach is to enter them all under Dental Insurance, with a footnote explaining that the number includes the other payroll deductions. Another approach is to enter them as write-in items where you enter living expenses. When you do, you can specify the tax category as either “FSA, Flex, Caf, etc.” or “Payroll Dedn – […]

What is a property settlement, and how do I enter it?

A property settlement is an arrangement under which one spouse will pay another a fixed amount in the years immediately after the divorce. This is typically done because there are not enough liquid assets to equalize the property division in the year of the divorce. Property settlements do NOT appear on the state’s financial form. […]

How do I enter separate property?

On the “more info” screen for the asset, you will see a section for entering separate property. You will be able to specify that the asset is entirely separate property of one party or the other, or partially separate, as shown below.

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