Rick Kabra, Ph.D. Vice President Easy Soft, LLC Divorce Settlement Solutions
Introduction <ul><li>Intricate financial calculations are part of any family law practice. </li></ul><ul><li>Expertise wit...
Typical Financial Calculations <ul><li>Computation of Alimony: </li></ul><ul><ul><li>If parties budget needs and child-sup...
Typical Financial Calculations <ul><li>Assets/liabilities distributions </li></ul><ul><ul><li>As distribution is being “ef...
Alimony computation based on receiver’s budgetary needs Source: Divorce Financials Program Budget Computed Alimony Alimony...
Net disposable income based on alimony/child support proposals Source: Divorce Financials Program Proposed Alimony Net Dis...
Alimony Vs. CS Tradeoffs Source: Divorce Financials Program Varying total payments Resulting disposable incomes Alimony vs...
Division of Assets/Liabilities Source: Divorce Financials Program
Alimony Buyout Option Source: Divorce Financials Program Lump-Sum vs Periodic Payments
Pension Valuation Pension Valuation
Lifestyle Analysis
Contact Us <ul><li>Address: Easy Soft, LLC </li></ul><ul><li>212 N. Center Drive </li></ul><ul><li>North Brunswick, NJ 089...
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Divorce Settlement Solutions June2010

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Family law software | Divorce settlement and planning software

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  • NFB was founded in 1980.
  • Divorce Settlement Solutions June2010

    1. 1. Rick Kabra, Ph.D. Vice President Easy Soft, LLC Divorce Settlement Solutions
    2. 2. Introduction <ul><li>Intricate financial calculations are part of any family law practice. </li></ul><ul><li>Expertise with financial calculations & required technology allows family lawyers to: </li></ul><ul><ul><li>Get better settlements for their clients </li></ul></ul><ul><ul><li>Enhance client satisfaction </li></ul></ul><ul><ul><li>Provide clients with higher value services </li></ul></ul><ul><ul><li>Provide clients with additional value-added services </li></ul></ul><ul><ul><li>Efficiently convert prospects into clients </li></ul></ul>
    3. 3. Typical Financial Calculations <ul><li>Computation of Alimony: </li></ul><ul><ul><li>If parties budget needs and child-support is known, required alimony can be computed. </li></ul></ul><ul><li>Net Disposable Income: </li></ul><ul><ul><li>Tax treatment of alimony and tax free nature of child-support provides many tax optimized settlement opportunities. </li></ul></ul><ul><ul><li>As different settlement options are proposed, keep an eye on net disposable income for both parties. </li></ul></ul><ul><li>Alimony vs Child Support tradeoffs </li></ul><ul><ul><li>Once a settlement is reached, how could it be structured differently to get better tax optimized distribution. </li></ul></ul>
    4. 4. Typical Financial Calculations <ul><li>Assets/liabilities distributions </li></ul><ul><ul><li>As distribution is being “effectuated”, keep an eye on equitable vs effectuating distribution. </li></ul></ul><ul><li>Alimony Buyout </li></ul><ul><ul><li>Present value of the alimony provides a lump-sum vs periodic payment option. </li></ul></ul><ul><li>Pension Buyout </li></ul><ul><ul><li>Present value of the pension and marital portion provides lump-sum settlement vs pension sharing options. </li></ul></ul><ul><li>Lifestyle Analysis </li></ul><ul><ul><li>Payor’s ability to pay and receiver’s need can be accurately computed from historic income/expense data. Enter prior bank/credit card transactions and perform comprehensive lifestyle analysis. </li></ul></ul>
    5. 5. Alimony computation based on receiver’s budgetary needs Source: Divorce Financials Program Budget Computed Alimony Alimony/CS Scenarios and Net Disposable Income
    6. 6. Net disposable income based on alimony/child support proposals Source: Divorce Financials Program Proposed Alimony Net Disposable Income Compute Alimony from Disposable Income Requirements
    7. 7. Alimony Vs. CS Tradeoffs Source: Divorce Financials Program Varying total payments Resulting disposable incomes Alimony vs. Child Support & Resulting Disposable Incomes
    8. 8. Division of Assets/Liabilities Source: Divorce Financials Program
    9. 9. Alimony Buyout Option Source: Divorce Financials Program Lump-Sum vs Periodic Payments
    10. 10. Pension Valuation Pension Valuation
    11. 11. Lifestyle Analysis
    12. 12. Contact Us <ul><li>Address: Easy Soft, LLC </li></ul><ul><li>212 N. Center Drive </li></ul><ul><li>North Brunswick, NJ 08902 </li></ul><ul><li>Phone: 800-905-7638 </li></ul><ul><li>Fax: 877-439-7638 </li></ul><ul><li>Email: info @easysoft-usa.com </li></ul><ul><li>Web: www.easysoft-usa.com </li></ul>

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