Two things most sane people seek to avoid are divorce and taxes. Unfortunately, when you’re going through a divorce, not paying attention to taxes can cost you thousands. That's especially true with the new tax law changes going into effect this year and next. Now more than ever, not understanding … Read more about Divorce and Taxes: Will the New Tax Law Changes Cost You More?
dividing property in divorce
Your marriage is over. You know it. You’re dealing with it. But the thought of losing your dog or cat along with your spouse is tearing your heart out. You’re willing to fight for your furry friend. The problem is: so is your spouse! You’ll share if you have to. But, is pet custody even a … Read more about Pet Custody: Who Gets the Dog in Divorce?
A house is more than a bunch of bricks and two-by-fours. It’s even more than just a place to live. A house represents stability, security, and status. For most of us, our home is also the biggest asset we have. It’s no wonder that so many people fight to keep the house in a divorce! But, should … Read more about 6 Reasons NOT to Keep the House in a Divorce
I want a divorce but my husband doesn’t. I have been unhappy for years. I’ve tried to talk to him. No response. I tried to get him to go to marriage counseling. He said okay, but never went. I told him I was going to a divorce lawyer. He was upset at first, but now acts like nothing has changed. I … Read more about I Want a Divorce But My Husband Doesn’t: Am I Stuck?
Talking about the tax implications of a divorce settlement is not exactly the stuff of a light-hearted cocktail conversation. If you are like most people, you probably figure that you have as much of a chance of understanding taxes in your divorce as you do of mastering discreet math. Yet, not … Read more about How Not Understanding Taxes in Your Divorce Can Cost You Thousands
The biggest assets most people have are their home and their retirement plans. So, it is no surprise that dividing these assets when a couple divorces is tough. While dividing a couple’s interest in their home and in their retirement plans can both be complicated, it is especially tricky to divide … Read more about How to Divide Your Retirement Plan in Divorce
Judith Saunders, a retired British teacher, recently spent five years and £100,000 (that's over $164,000.00) in a London court trying to get back the wedding ring she bought for her now ex-husband when they got married forty years ago. The ring cost £550 (approximately $900.00). Crazy? I think so. … Read more about Divorce and the Family Jewels: What if You Are Fighting Over Jewelry in a Divorce?
I recently read an article about a divorcing man who converted his life savings into gold and then threw it away in the trash, just so that his wife couldn't get it. Or, I should say, he "allegedly" threw it away. He says he threw it away ... but no one saw him throw it away and he has no proof that … Read more about 5 Steps to Take if You Think Your Spouse is Hiding Assets
I recently read an article about Dan Auerbach, the lead singer and guitarist for the Black Keys. He just divorced his wife, Stephanie Gonis. In the property division, she received $5 million, one of the couple's homes, a Toyota Highlander .... and a lock of Bob Dylan's hair! From a legal … Read more about Property Division in Divorce: Don’t Sweat the … Stuff!