Dividing Assets & Debts

Dividing Assets & Debts Division of Property and Other Assets In a nutshell, all income and assets acquired by either spouse during the marriage — ;homes, retirement accounts, stock options, bank accounts, cars, boats, time-shares in vacation property, life...

The Financial Realities Of Divorce

Even the most amicable divorces happen at great cost to those involved. Keep the following expenses in mind when planning out your post-divorce finances.   Income Taxes on Alimony If your ex is paying you alimony, then you must report that alimony on your annual...

Divorce and Taxes – Part III: Asset Division

With the filing status, child-related tax concerns and spousal support issues understood, there are some additional tax implications you might consider when dividing your assets. Sale of the Primary Residence If there is a marital home that may be sold upon divorce,...