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Money & divorce : the essential roadmap to mastering financial decisions

Author: Lili Vasileff; American Bar Association. Section of Family Law,
Publisher: Chicago, Illinois : American Bar Association, Section of Family Law, [2017]
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Most people head straight into divorce without preparing themselves for the journey that lies ahead. Whether or not the divorce is of your choosing, you need the necessary guidance and useful information. Financial planning for the future is an essential part of every divorce settlement. Separating couples often face a significant financial transformation. The bottom line is that two households must now survive on  Read more...
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Additional Physical Format: Online version:
Vasileff, Lili.
Money and divorce
(DLC) 2017040667
(OCoLC)1001968873
Document Type: Book
All Authors / Contributors: Lili Vasileff; American Bar Association. Section of Family Law,
ISBN: 9781634259927 1634259920
OCLC Number: 1001968771
Notes: Includes index.
Description: vii, 293 pages : illustrations ; 23 cm
Contents: How this book can help you : your financial guide to divorce --
The first steps : what you should consider when contemplating divorce --
You have decided to divorce, now what? : an outline of the divorce process --
Preparing for your financial divorce --
The financial phases of divorce --
What if I don't know ...? how do I ...? : the unknowns that keep you awake at night --
Splitting up your property : the balancing act --
Financial investments : what are they? --
Retirement assets : what makes them special? --
What is a contingent interest in the marital estate? --
Real property and your house : sell it, keep it, or transfer it? --
Child support --
Spousal support, also known as alimony --
Debt, credit, and credit worthiness : how to protect your credit --
Divorce and children with special needs --
College : the effects of divorce on college financing and financial aid --
Taxes and divorce --
Getting to "yes" : negotiating a settlement --
The light at the end of the tunnel : your financial situation after divorce --
Glossary.
Other Titles: Money and divorce :
Responsibility: Lili Vasileff.

Abstract:

"Most people head straight into divorce without preparing themselves for the journey that lies ahead. Whether or not the divorce is of your choosing, you need the necessary guidance and useful information. Financial planning for the future is an essential part of every divorce settlement. Separating couples often face a significant financial transformation. The bottom line is that two households must now survive on the dollars that formerly supported one. Transition is a critical time when you need the most help to understand the pros and cons of your financial options, how to set priorities, and when to reach a settlement with confidence. Money & Divorce: The Essential Roadmap to Mastering Financial Decisions will help you make informed and intelligent choices concerning financial issues in divorce. The book explains the fundamentalsillustrating how to set goals, deal with finances, navigate the legal process, and protect against unforeseen events. Over the years, author Lili A. Vasileff has worked with thousands of couples and individuals to offer divorce financial planning before, during, and after divorce, as well as mediation, collaborative divorce, financial forensics, expert testimony in court, prenuptial and postnuptial agreements, and wealth management. Because every divorce is unique, expert guidance can often be the ace needed to effectively manage the settlement process and guarantee not just financial survival, but also success. This book is a valuable resource to help readers accomplish their goals with dignity, confidence, and a sense of security"--Publisher's website.

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