Ep 071: Surviving a Divorce

Surviving a Divorce
- Assets aren’t the only challenge: talk to your advisor
- Where will you live?: The mechanics of setting up your new household
- Dividing the responsibility: healthcare, children, expenses and investments
- Your stuff is a marital asset until it’s final: The need for spousal permission
- Prepare! Evaluate your living expenses and gather documentation
- The perils of hiding, selling or retitling assets
- The relevance of refraining from large purchases, home upgrades and “guilt spending”
- Understand the impact of the new tax laws relative to alimony, residence, filing status and child tax credits