Monthly Archives: December 2014
How Should Retirement Assets be Valued in Divorce?
Many a highly trained family law attorney will “tax affect” retirement accounts by using the after tax value of a retirement account on a couple’s inventory of assets. As a divorcing man or woman you need to know that this method of valuation is more of a negotiation tactic then economics. Left unchecked, the spouse receiving more of the … Continue reading How Should Retirement Assets be Valued in Divorce?
Credit Cards in Divorce
Divorcing couples often use their credit cards to pay attorneys and other professionals so these expenses can be tracked and divided at settlement. During divorce, credit cards can get “maxed out” to their limit. Divorcing couples are often concerned about the cost and the impact to their credit scores. They are also concerned about the … Continue reading Credit Cards in Divorce