Product Description

A complete guide to financial self-defense for people facing divorce

Written by two noted divorce planning experts, this book arms readers with the knowledge and tools they need to make it through a divorce with their financial skins intact. Readers learn of all the financial risks and ramifications involved, as well as how to prepare themselves for any eventuality. And they get proven strategies for negotiating the best possible financial solution, along with valuable work sheets, checklists, and sample documents. Among other important lessons, readers learn how to:

• Construct a solid financial action plan when divorce seems imminent
• Get a complete picture of family finances, including the low down on a spouse's small business or intellectual assets
• Negotiate a win-win financial settlement
• Choose the best settlement method, from options including mediated, arbitrated, and collaborative agreements
• Avoid tax penalties and pitfalls and deal with retirement nest egg, 401(k), and SSI issues

Product Details

• Amazon Sales Rank: #134218 in Books
• Published on: 2004-03-19
• Original language: English
• Number of items: 1
• Binding: Paperback
• 256 pages

Features

• ISBN13: 9780071410328
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

From the Back Cover

Revolutionary new recipes for dividing the divorce pie

Whether you've been stunned by your spouse's divorce atomic bombshell or have dropped one yourself, you must avoid its potentially fatal financial fallout. The Complete Guide to Protecting Your Financial Security When Getting a Divorce helps both men and women survive economically, and ultimately thrive, with actionable how-to instructions and explanations such as:

• Learn why an even split now is often anything but equitable later, and how to base a fair settlement on cash-flow and net-worth projections appropriate to your marriage's "economic history."
• Find out when and why mediation or arbitration, mostly do-it-yourself, or the new "collaborative-attorneys divorce" are preferable to traditional adversarial-attorney divorce, as well as determine needs for other specialized professional advice.
• Construct sold financial-action plans--for before, during and after the divorce--that control expenses and use optimal tax planning to preserve the maximum marital assets.
• Understand complex property and support issues such as commingled funds, both spouses' rights to pensions and social security, business valuation, creative management of the marital home, and front-loaded spousal support.

About the Author

Alan Feigenbaum, C.F.P. (Chapel Hill, NC) has written regular columns and features for Bloomberg Wealth Manager, CBS Market- Watch, Worth Interactive and Raging Bull.

Heather Linton, C.P.A., C.F.P. (Chapel Hill, NC) is a certified divorce planner with 10 years of experience.

Customer Reviews

Detailed!!
Helps you to understand the complexity of marital debt/assets. In doing post-divorce mediation, the aftermath is worse than the initial filing of the divorce petition. Here we have two consenting adults reigning over the financial thrones of the other. Leaving their financial future in the hands of someone bitter will only gain negative results. What makes one think the court order will enforce resolution? The other party may not feel the urge to pay out of malice. This can lead to foreclosures, collection calls, garnishments, jdgements/liens, (ALL in YOUR name!!!) and frustration.

Being obligated on debt/assets and assuming resolution is a narrow-minded field of scope. This book describes the wide range of capacity in which you should consult with your attorney to ensure fair equitable distribution and negotiation. A mediator is usually sought out or court-ordered for disputes such as this.

Support issues such as commingled funds, both spouses' rights to pensions and social security, equitable business, equitable mortgage , child support, spousal support, and other dividends are dissertated in this book.

This book has so much information in it that is very useful to me as a practitioner. Divorcing couples need to get this for the outcome of what is to be.

Read before the divorce!
Very good advice for those who are going through a divorce. I wish I had read it before I was taken for over $150,000 in Alimony. Helps you realize that a vindictive and cruel spouse can ruin you financially and still look like the victim!

Great guidance
This book was written to make you THINK through the process on multiple levels. It is great for those who are simply contemplating divorce, as well as those who've decided to proceed. It suggests a number of additional trustworthy resources. Definitely worth the read before proceeding.