Divorce Impact on Life Insurance Needs
It’s important to consider your life insurance needs prior to the divorce so that you can include appropriate provisions into your settlement. If you pass while married, in most states, …
Read MoreDivorce Planning
When Divorce is The Only Option
Marriage isn’t always a fairytale ending When you got married, you were the loveliest woman on earth. You looked like a dream and your future is to live happily ever …
Read More
Learn The Divorce Laws
Divorce – Messy and Difficult- it’s true! You do not want to have a lawyer that never calls you or that never communicates with you. Before you hire a lawyer, …
Read More
Divorce, Debt and Credit Accounts
Most people understand the importance of good credit in starting a new, independent life after a divorce. Unfortunately, many people find that their credit is damaged due to circumstances that …
Read More
Protection in Divorce Against Asset and Income Hiding
Your and your spouse’s income and asset information are needed when structuring the key divorce settlement issues: property split and any alimony or child support calculations. If you suspect that …
Read More
Financial Impact of a Properly Structured Alimony Agreement
Over the years, we have seen cases in which separation or divorce instruments violate the requirements for structuring alimony payments correctly. These situations often produce a negative financial impact for …
Read More
Transferring IRA Assets During Divorce
In this article, we address divorce and transfer of Individual Retirement Account (IRA) Assets. We focus on the Traditional IRA because the rules for transfers are more restrictive than for a Roth …
Read More
Bankruptcy and Divorce
There are several issues to consider when contemplating a bankruptcy filing as part of a divorce. Certain debts are dischargeable and others are not. The following divorce related debts are …
Read More
Community Property vs. Equitable Property Rules in Divorce
Nine states are Community Property states Arizona California Idaho Louisiana Nevada New Mexico Texas Washington Wisconsin In contrast, other states follow an Equitable property distribution. Both terms are described below. …
Read More
Learn How To File For Divorce To Protect Your Legal Rights
Know Your Legal Rights Are you the victim of a cheating or abusive husband? Has your spouse recently surprised you by telling you he wants a divorce? If either of …
Read More
Divorce and Claiming Your Child as a Dependent
The ability to claim the dependent child exemption can be a significant advantage for a divorced parent. It’s important that this exemption be consciously planned for as part of the …
Read More
Impact of Retirement Account Split
An area where many individuals get into tax trouble is when splitting their Qualified Retirement Accounts (QRPs) and Individual Retirement Accounts (IRAs). Once you have come to the revelation that …
Read More