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Articles from David Kane | Selfgrowth.com
- Splitting Individual Retirement Accounts During Divorce - by Submitted on Aug 28, 2009 from David KaneAn area where many individuals get into tax trouble is when splitting their Qualified Retirement Accounts (QRPs) and Individual Retirement Accounts (IRAs). Once you have come to the revelation that your assets must be split you may be tempted to start the process by making pre-divorce transfers ...
Views: 1983(3 votes) - Using the Married Filing Joint Status during Divorce - by Submitted on Sep 11, 2009 from David KaneAn area that needs to be examined while you are going through the divorce process is determining the tax filing status that will be the most advantageous to you. During the pre-divorce year(s), you have a couple of options that can increase or reduce your tax liability depending on which filing ...
Views: 1845 - Alimony versus Child Support Payments - by Submitted on Sep 02, 2009 from David KaneWhat is Alimony? Alimony is also often called spousal support. Alimony payments are used to provide the spouse that is making a lower-income with funds to cover expenses that are not provided for through child support or through the division of property. Many factors come into play when ...
Views: 1710(1 vote) - Divorce Preparation – Assessing Your Financial Condition - by Submitted on Aug 31, 2009 from David KaneOne of the situations that we see in many family situations is where one spouse is the primary caretaker of the financial obligations for the family. That person may have been in charge of paying the bills, setting up the investment accounts, making investment decisions (stocks, bonds, real ...
Views: 1345(2 votes)