Many divorcing couples find that they have many assets to divide. Along the way, they learn that they have just as many debts that must also be split and paid down.
How to find an offshore account in a divorce
Are you preparing to file for divorce in West Palm Beach? If so, you will want to know everything that is required for disclosure. Each spouse will need to sign a financial disclosure that lists all of their joint and individual assets. What if your spouse is hiding assets in an offshore account? Today, we will discuss how you can find hidden offshore accounts, so you are able to share in all of the assets from the marriage.
Why you should never hide assets during divorce disclosure
Going through a divorce is difficult for people of any age. It doesn't matter if this is your first, second, third or subsequent divorce. It is a challenging and stressful process that never gets easier no matter your experience with it. Part of the divorce process is disclosing of your assets and money. You should never lie or hide assets. It can lead to serious consequences.
The benefits of an appraiser when filing for divorce
An appraiser can wind up being a big help if you file for divorce in West Palm Beach, Florida. You should never go through a divorce without the help of an appraiser. It's likely your divorce attorney will recommend the same because an appraiser will be able to provide you with the value of your home and other assets to your name.
Why you need your own financial team during divorce
Most spouses share financial advisers. If one spouse is largely responsible for handling the couple's finances, the other spouse may have little, if any, contact with those advisers.
Why you shouldn't use the 'D-word' unless and until you mean it
Many spouses who consider divorce at some point remain married -- sometimes quite happily. However, saying the word out loud is very different than thinking it.
How social media contributes to the end of marriages
Social media has opened up many people's spheres to include "friends" and "followers" they wouldn't meet in their everyday lives. Many of our social media relationships are with people we've never met in person -- or ever will. They may be with people who live across the country or halfway around the world. We may connect over shared political views or a shared love of The Walking Dead or Game of Thrones.
How co-parents can minimize holiday gift giving stress
The holidays can be an extremely stressful time for divorced co-parents -- particularly if this is their first holiday season apart. One issue that can become a minefield is gift giving for the kids. Too often, parents' resentments towards each other manifest themselves in how they handle Christmas or Hanukkah presents. This only saps the joy out of the holidays for the kids who are caught in the middle.
Giulianis argue over the former mayor's wealth
Most divorcing couples likely think they have little in common with former New York City Mayor Rudy Giuliani and his third wife, Judith. The couple is divorcing after 15 years of marriage. The battle between the two, who own property in Palm Beach, however, is not unique.
Don't forget these items in your prenuptial agreement
You and your soon-to-be spouse have decided to put a prenuptial agreement in place before the big day. That's a wise decision. You each should detail and protect the money, property and other assets that belong to you before you begin making purchases together and opening joint bank accounts.