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Posts tagged "asset valuation"

Joint bank accounts after divorce can be tricky

Florida residents that are thinking about or currently experiencing their own divorce may be interested to learn of a recent article concerning some of the possible tax implications of divorce. According to its author, continuing to mix finances even after separation can be tempting given the possible complexities involved in extricating them from one another, but this could also cause a great deal of problems in some cases. To emphasize his point, he presents the example of a man who was taken advantage of by his former spouse during tax season.

Dividing retirement assets during divorce

Florida couples contemplating a divorce might be interested to learn that they should not put off dividing up their retirement assets. Although sometimes couples are eager to hurry up and get the divorce process over so they can begin to move on with their lives, there are some easily overlooked issues that could prove to be quite important. Financial advisors say that splitting up retirement assets is an issue that couples should ensure they take care of during their divorce proceedings, or they may regret it later on.