When your spouse is also your business partner, a divorce will most likely complicate a few things in life. Celebrity designer Vera Wang and husband Arthur Becker are calling it quits, Women’s Wear Daily recently reported. It’s unclear whether either party has filed divorce papers. Wang and …
The Divorce Economy: What Wealthy Couples Need to Know about High Asset Divorce
With the steady recovery of the stock market, investment accounts roaring back to life and deferred compensation coming back, high-income individuals are again dividing assets instead of debts when it comes to divorce. Yes, in what is known as a “divorce economy,” homes, businesses, investments, …
The Divorce Economy: What Wealthy Couples Need to Know about High Asset DivorceRead More
Financial Divorce Tips for Women
Women undergoing a divorce are under tremendous stress dealing with emotional, legal and financial demands not to mention the challenges of a career and children. With all these pressures, many women make bad financial decisions such as not obtaining an excellent lawyer or too quickly accepting the …
Tax Tips for Divorcing Couples
Divorce and Taxes Confused about income tax filing and your divorce? Tax season can be quite daunting for couples in the midst of a divorce or for anyone who is considering divorce. Although it is best to discuss these matters with a divorce lawyer and perhaps even a tax accountant, here are …
Money Wake-Up Call
Divorce and Finances Keeping your eyes on money matters during a marital breakup is important, yet often the last thing couples want to face. Divorce can play havoc with both of your finances. They say that breaking up is hard to do -- but figuring out the dollars and sense of your situation during …
While Money Doesn’t Cause Divorce, It Must Be Protected
For decades, it's been thought that financial stress is among the main causes of divorce. Sure spouses fight over money. One spends too much while the other doesn’t earn enough. But is financial difficulty a major culprit in the filing of divorce? Recent university research says, no. Jan …
While Money Doesn’t Cause Divorce, It Must Be ProtectedRead More
Planning Finances After Divorce Doesn’t Have to be Painful
There’s no doubt that a California divorce is emotionally painful for both parties involved. But the financial and lifestyle pains can be equally as tough when the divorce is made official. Whether you are receiving or paying child support or alimony, you’re going to have to make some changes to …
Planning Finances After Divorce Doesn’t Have to be PainfulRead More
Divorce and Taxes
Divorce is never easy for you and your children, and doing your taxes with both in mind for the first time just adds to the stress. There are a few factors that set the course for your first tax filing after the California divorce process is completed. Your eligibility for declaring as a head …
Six Ways to Protect Your Pocketbook Before, During, and After Divorce
Divorce is expensive and can be a major setback in reaching your financial goals. During this time you’ll need to make serious decisions about your current finances and your future. The following tips will help keep you on track and your divorce in order. Tip #1 - Look at Your Current …
Six Ways to Protect Your Pocketbook Before, During, and After DivorceRead More
Dividing Assets – Pension Plans
If some of the assets you are dividing as part of your divorce include a pension plan, then you will need an expert Qualified Domestic Relations Order (QDRO) drafter to create the document for you. This is imperative, since every pension plan is different and because a QDRO is not a neutral …
