Divorce and Money
Everything You Need to Know
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- USD 3.99
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- USD 3.99
Descripción editorial
Walk Away From Divorce with Financial Security
Family lawyer Gayle Rosenwald Smith has designed this thoroughly researched, practical, and easy-to-read guide to help the reader through difficult, emotional, and often overwhelming divorce processes. She comprehensively explains the financial issues that can impact divorce and, most importantly, tells the reader what they can do to better understand their situation and how to take proper action.
Included are effective tools and strategies to:
Choose the best lawyers, financial advisors, and moreTrack assets with checklists and chartsEvaluate and understand stock options and other "perks"Prepare a budget and expense sheetsValue business, pension plans, and retirement funds-401(k)s, IRAs, and moreUnderstand the importance of insurance in divorceDetermine the best course of action for the family home and other propertyGet a good property settlement agreementEnsure your future financial security and economic well being
PUBLISHERS WEEKLY
Smith (What Every Woman Should Know About Divorce and Custody), a Philadelphia attorney specializing in family law, believes that divorce often causes people to make emotional decisions that can lead to dire financial consequences. They end up selling homes, losing businesses or paying off spousal debt without considering the move's long-term impact. "It is essential to look at the big picture. If you can't logically and rationally identify all the 'things' you own, you will lose the opportunity to fight for them," says Smith in the book's introduction. She begins by identifying what's included in marital assets and how to conduct an inventory of this property. She discusses homes at length since the decision whether to move out or sell a house is one of the most significant decisions in divorce proceedings. This one issue touches on the impact divorce has on children, the ability of a spouse to buy-out the other spouse's share and whether the spouse keeping the house can continue to pay the mortgage. There's also advice on finding attorneys, valuing businesses, retirement plans, alimony and more. While the book covers a wide range of issues, it is quite accessible. Smith's friendly and reassuring style will appeal to readers frustrated and uneasy about the divorce process.
