As I'm sure you've noticed by now, this has not been a great year for stock and bond markets. Most stock markets are now in what is technically defined as a correction. With all the volatility, negative news stories, and predictions of doom, I thought it would be helpful to look back over the history of market corrections to put this one into perspective.
The Tax Cuts and Jobs Act (TCJA) will impact many areas of our financial lives. However, there is one area of particular importance to many: divorce. I believe the new tax laws will make a divorce more expensive and more complicated, at least in the short-term. However, there are certain upsides and planning opportunities.