Category: Taxes and Divorce
Your Divorce: Six Essential Elements to a Smart Property Division
Identify Assets and Liabilities Gather the latest statements for your assets (investments, property, business interests) and liabilities (mortgages, credit card debt, auto loans, etc.). Divorce Planning of Austin uses these statements to prepare an initial list of property to be divided. Collect tax documents for at least the past three years. Reviewing tax returns helps uncover … Continue reading Your Divorce: Six Essential Elements to a Smart Property Division
Top Three Ways to Protect Your Retirement Assets in Divorce
During a divorce, retirement funds such as 401(k) accounts, IRAs and pensions are divisible between both parties. Divorce Planning of Austin assists clients to help them get the most from the retirement savings earned during the marriage. 1. Each retirement account has a different requirement for legal division. By engaging each plan’s administrator, we help … Continue reading Top Three Ways to Protect Your Retirement Assets in Divorce