Divorce & Money: How to Make the Best Financial Decisions During Divorce

Divorce & Money: How to Make the Best Financial Decisions During Divorce

by Violet Woodhouse, Lina Guillen

Paperback(Twelfth Edition)

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Overview

All the information you need to split 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. Learn to divide assets during your divorce and avoid making financial mistakes that could affect you for the rest of your life.

  • Create a cash flow statement using your income and expenses.
  • Learn how to uncover your spouse’s financial information.
  • Determine the value of real estate, retirement accounts, and other assets.
  • Decide whether to keep or sell the house.
  • Understand how child support and alimony are calculated.
  • Divide your property and debts fairly.
  • Negotiate a comprehensive settlement.
  • Achieve financial stability after divorce.
  • Learn when and how to talk to a professional (attorney, tax adviser, or appraiser).


The 12th edition is updated with the latest tax figures and information about retirement benefits.

Product Details

ISBN-13: 9781413323290
Publisher: NOLO
Publication date: 12/30/2016
Edition description: Twelfth Edition
Pages: 536
Sales rank: 252,758
Product dimensions: 7.00(w) x 8.90(h) x 1.30(d)

About the Author

Violet P. Woodhouse, retired author, lecturer, seminar presenter, and consultant to the media in the areas of family law and personal finance, has been a foremost authority on the financial and tax aspects of divorce. For over 20 years, Ms. Woodhouse practiced family law in addition to working as a Certified Financial Planner and Registered Investment Advisor. She pioneered the development of financial analysis of property settlements for financial planners and acted as a consultant to divorcing spouses and their mediators during mediation. In addition to being the author of Nolo's Divorce & Money, she wrote articles for, or has been quoted in, several publications, including the Wall Street Journal, New York Times, Working Woman, Lear's, Money Magazine, and Kiplinger's Personal Finance Magazine. Worth Magazine named her one of the top 60 financial advisors in the nation.

Lina Guillen is a trial attorney, with over 15 years of experience in a wide range of legal matters, including family law and civil litigation. As Nolo’s Family Law Legal Editor, she has edited a variety of Nolo books, written numerous legal articles on divorce and family law issues, and managed the development of legal content on several Nolo websites. In addition to being the coauthor of Neighbor Law, 9th Edition and Divorce & Money: How to Make the Best Financial Decisions During Divorce, 12th Edition, Lina has been quoted in several publications, including U.S. News, Real Simple Magazine, and How Stuff Works. Lina is an active member of the California State Bar and received her law degree from the University of California, Hastings College of the Law. Before law school, she was an editorial assistant for The Press Democrat newspaper in Sonoma County.

Table of Contents

Introduction: Your Financial Companion During Divorce

1. Legal vs. Financial Realities of Divorce

2. Financial Realities No One Talks About

3. Emotional Divorce: Managing the "Money Crazies"

4. The Hardest Part: Is My Marriage Really Over?

5. The Separation: What Happens When One Spouse Moves Out?

6. Closing the Books: What Do We Do With Joint Property?

7. Getting Help: Who Can I Turn To?

8. Financial Fact-Finding: What Must I Know and When Must I Know It?

9. Facing the Future: What Must I Plan For?

10. Protecting Against Risks to Life, Health, and Property

11. Taxes: How Do I File and Pay?

12. Property and Expenses: Who Owns and Who Owes What?

13. What Will Happen to the House?

14. Retirement Benefits: Who Gets What?

15. Financial Investments: How Do We Divide the Portfolio Pie?

16. Evaluating Employee Benefits and Stock Options

17. How Will We Divide Debts?

18. Child Support and Alimony: What Might I Pay or Receive?

19. Negotiating and Finalizing the Best Possible Settlement

20. After the Divorce: How Do I Get From "We" to "Me"?

Appendix

Index

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