You may not know it but the statistics says that over fifty percent of the couples that are married join, once again, the un-married ones. You are not wrong when you say that feelings such as love and relationship buildings are fickle and fleeting yet, these emotions pale in comparison to the dark complexities of asset carve-outs and settlement for divorce in terms of matters concerning tax, law intersect and also, money. And of course, there is a big possibility of you committing huge mistakes when handling these matters alone unless you hire the service of experts and professionals who belong to the emerging line of divorce financial adviser that are qualified and certified.
Getting a divorce is considered as an open minefield of dangers that you must know about. That is why we will be tackling with you, through this article, the essential things that you should know when it comes to divorce minefield and also, we will include bits and pieces of information regarding the role being played by divorce financial adviser about this matter at hand.
The family home is considered as one of the divorce minefield that you should know about. Divorce is not something that can be handled alone, especially if you are not an expert concerning the things involve with it therefore, if you have found a ledge balance that looks enticing and inviting to you, please be reminded that this may contain lurking tax issues which you should consult with a divorce financial adviser so that they can identify it for you. Fluid values such as stock market and housing, there is a need for you to decide, together with your divorce financial adviser, whether to sell your house while you are still married to avid capital gains taxes or you can change the title of the house under your name but, introduce new terms and conditions or restrictive covenants within the divorce decree in order for future home sale be protected from capital gains tax liability.
Another divorce minefield that we want to introduce to you has something to do with market investments, retirement accounts and the likes. The best thing that you can do about this matter at hand is to hire the service of a divorce financial adviser that is certified and qualified since knowing what to do as well as getting into numbers is their expertise. With this, they will help you understand the terms and conditions under the market investment and the retirement accounts that they have.