My Today’s Alerts series highlights ideas generated in my divorce financial advisory practice. When I look at a tax return I’m generally looking for previously unidentified income streams, accounts, businesses, and property. One thing I don’t want you to miss is found in the taxes and refunds section. Refunds can be applied to taxes next year. In divorce, this is … Continue reading The Most Important Part of the Tax Return
My Today’s Alerts series highlights ideas generated in my divorce financial advisory practice. For many divorcing couples, cash is tied up in their home or retirement plans. But couples need available cash to start their lives over again. What can couples do? As always, consult your attorney as to whether you are able to sell assets or … Continue reading Hidden Cash Found! Dividing Assets in Divorce
My Today’s Alerts series highlights ideas generated in my divorce financial advisory practice. Adding expertise saves real money. I recently met with an attorney who told me he spent four hours on the internet trying to understand a client’s pension and retirement accounts. I wasn’t surprised. This attorney is thoughtful and thorough, but I couldn’t help … Continue reading A Team Approach Makes Divorce MORE Affordable
For most couples, the family residence is one of their largest assets. In divorce, the family home is treated like any other asset, but it is an asset unlike any other. The family home isn’t easily divided. Budgetary concerns and tax issues coupled with emotional ties to the home can lead to catastrophic financial outcomes. … Continue reading A House Divided: Your Home in Divorce
Robertson Stephens Wealth Management and Divorce Planning of Austin work with clients to execute the division of joint or individual brokerage accounts, IRAs, Roth IRAs, SEP, pensions, and other retirement accounts. When asked to execute a division as described in a divorce settlement agreement, the instructions to the custodian of the account (Fidelity, Schwab etc.) … Continue reading Strategic Ideas for Allocating Investment Accounts between Divorcing Couples