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: Florida Divorce - Child Custody - Domestic Abuse LawFinancial Advice in Divorce
By Janet Langjahr
A financial advisor dispenses some financial advice to guide those going through a divorce:
- get a handle on your finances - hire a professional if cost-effective and necessary
- split assets equitably - take relative degrees of liquidity of various assets into account
- divide and conquer your debts - block incurring further debt on joint accounts
- pay attention to taxes - be aware of tax impacts which can tip seemingly equal divisions of property
- determine alimony and child support before the courts impose a number on both parties and consider the benefit of insurance, and
- plan for your future - with or without a financial professional
Read more in this [Southgate, MI] News Herald article: SHAWN BUMGARDNER: Steps should be taken to preserve one’s self during divorce.
Full post as published by Florida Divorce - Child Custody - Domestic Abuse Law on August 01, 2009 (boomark / email).
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