Category: Investing

Financial Life after Divorce – Armageddon or Nirvana

You signed the settlement agreement but you’re not settled yet. There’s still lots to do! You need to divide accounts, change insurance or beneficiaries, get a new estate plan and for some of you, move out of the house! Many people get hung up at this point, pondering “What will my life be like now?”  … Continue reading Financial Life after Divorce – Armageddon or Nirvana

Taxes and Divorce: It’s NOT “All About that Bass”. It’s All About that BASIS – that Cost Basis

Although often ignored, the cost basis in taxable accounts and for property is critical to a long term efficient asset division in divorce. What is cost basis?  Cost basis, sometimes referred to as just ‘basis’ or ‘tax basis’, is generally the original cost (purchase price) of a stock, bond, mutual fund, other financial security or … Continue reading Taxes and Divorce: It’s NOT “All About that Bass”. It’s All About that BASIS – that Cost Basis

Strategic Ideas for Allocating Investment Accounts between Divorcing Couples

Silicon Hills Wealth 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.) need … Continue reading Strategic Ideas for Allocating Investment Accounts between Divorcing Couples