The Financial Advisor S Guide To Divorce Settlement

Shows financial advisors how to help divorcing clients divide their assets, detailing aspects of property valuation, spousal and child support, and credit and debt, as well as the legal issues that face advisors and how to serve as an expert witness in court. Other topics include tax and regulatory

Whether you're going through a divorce or advising clients who are the financial implications and consequences can be significant. This must-have guide advises all involved parties how to Get it all and go through the process with the greatest amount of confidence, and least amount of emotional distress.You'll find everything needed to plan for a divorce no matter which angle you are looking at the settlement from. Whether you are the wife, the husband-or the advisor in the middle-Wilson's survival manual addresses all the key issues including- division of assets- premature interruption of long-term investment strategies- economic issues in the aftermath of divorce- property valuation, spousal and child support, debt, taxation and all the complex emotional factors these discussions prompt.Don't start divorce proceedings for you or your clients without reading this powerful new handbook.Divorce is an emotional and an economic event, affecting the lives of everyone involved. It can have serious financial consequences that will dramatically alter your or your clients lifestyle. Both those ending a marriage-and the financial advisors who counsel them-need to know the financial and legal consequences that terminating a relationship may create. And now, certified financial planner Carol Ann Wilson's readable new book presents all the major issues that should be considered during the final stages of a marriage.Wilson starts out by viewing divorce from all perspectives, offering both the wife's and the husband's point of view, and detailing the roles played by financial advisors and attorneys. In-depth, understandable chapters also cover important issues, including- Property valuations and Settlements- Dividing the house- Pensions-his, hers, or theirs- Child support, alimony and other types of maintenance support-and the tax implications to all parties involved- On-going insurance coverage- Social Security benefits- Debt, credit and bankruptcy-how to manage and separatePlus ... Wilson addresses the mediation process head-on, with case studies that illustrate how it often turns terribly wrong-and common-sense ways to avoid that painful course.Also provided is a complete overview of divorce procedures from knowing how and where to find information about the divorce laws in different areas, to what to expect as the difficult process begins and how to get through it all with dignity and finances intact. Financial advisors will find complete coverage of the unique issues they need to confront, including: - How to work with lawyers- How to serve as, an expert witness in court- Your role if the client is the wife-or the husbandWilson even provides a checklist detailing all the documents participants need to gather for financial advisors and attorneys, and a complete resource section referencing other books on divorce, mediation associations, and more. Divorce is such a delicate and difficult experience for everyone involved-whether you are going through the divorce yourself, or trying to counsel someone who is. Armed with this book, advisors will better be able to assist their clients. And those ending a marriage will be able to start their journey being well informed and on their way to the most rewarding financial settlements available

An insider's guide on how professionals and consumers can minimize damages in the divorce process Anyone planning for a divorce needs to learn strategies necessary to safeguard assets in advance of filing, how to cope with issues beyond their control, minimize the damage, and effectively plan going forward after the divorce. Personal Financial Planning for Divorce is an insider's guide on how both professionals and consumers can prepare for, work through, negotiate, and plan equitable divorce settlements. This helpful guide Contains all the guidelines for reducing damage throughout the difficult process of divorce Includes examples of how not to handle the divorce process and how these issues should be handled Provides checklists, planning charts, forms and tables Features strategies to safeguard assets in advance of filing for divorce and how to cope with issues beyond your control Personal Financial Planning for Divorce covers the many issues to help you understand exactly how divorce will affect you financially.

The inside scoop... for when you want more than the official line! Sad. Mad. Scared. Stressed. Distraught. Distracted. Overwhelmed. Divorce dredges up so many emotions and entails so many financial and legal issues, it's difficult to stay rational and keep your life on track. This savvy, updated guide empowers you to take constructive steps toward a better future. It leads you through preparing for divorce, the process, legal issues, coping, sticky situations, and post-divorce financial and health-care issues. It tells you things attorneys and other advisors may not, and gives unbiased recommendations for negotiating the tricky issues of divorce while keeping your sanity. * Vital Information to help you protect your interests in a divorce or in dealings with your future ex, attorneys, financial advisors, and more. * Insider Secrets for moving from "I do" to "I don't" with harmony, intelligence, and grace. * Money-Saving Techniques to reduce legal fees and court costs. * Time-Saving Tips to help you resolve your divorce without going to court. * The Scoop on the Latest Trends and precedents in spousal and child support, pre-nups, and more to help you set realistic expectations. * Handy Checklists to help you do everything from setting priorities to telling the children to dividing property

A complete guide to divorce-related financial planning, demonstrating in a step-by-step manner how you can overcome the financial challenges of divorce and lead a financially healthy life.

A manual designed to assist financial planners in advising clients in the divorce settlement process.

More than 1.1 million women are actively involved in divorce each year and all need solid financial advice to help make this transition less painful. In FAIR SHARE DIVORCE FOR WOMEN, Second Edition, Certified Financial Planner Kathleen Miller has created a comprehensive guide to help you completely integrate all the financial aspects of your divorce into a personalized and sound financial plan. This completely revised and expanded second edition includes updated statistics, recent case studies that reflect modern marriages, complete indexing, and a comprehensive appendix of resources. Kathleen Miller has added new topics and chapters, including: Grounded in the experiences of her more than 3,000 clients, Kathleen Miller's advice is clear and concise. FAIR SHARE DIVORCE FOR WOMEN, Second Edition will offer you the guidance and support you need to safeguard your marital assets, and will empower you to take control of your divorce and financial future.

All the information you need to split your assets, easily and fairly Major financial decisions are often overwhelming, but they can feel downright impossible when you’re in the midst of a divorce. Turn to Divorce & Money, the acclaimed guide that translates complex financial concepts into plain language to help you: create a cash flow statement using your income and expenses uncover your spouse’s financial information determine the value of real estate, retirement accounts, and other assets understand how child support and alimony are calculated divide your property and debts fairly negotiate a comprehensive settlement achieve financial stability after divorce, and learn when and how to talk to a professional (attorney, tax adviser, or appraiser). The 13th edition is updated with the latest tax figures and information about the new law affecting alimony.