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Divorce and Money: Everything You Need to Know
     

Divorce and Money: Everything You Need to Know

by Gayle Rosenwald Smith
 

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Walk Away From Divorce with Financial Security Family lawyer Gayle Rosenwald Smith has designed this thoroughly researched, practical, and easy-to-read guide to help the reader through difficult, emotional, and often overwhelming divorce processes. She comprehensively explains the financial issues that can impact divorce and, most importantly, tells the reader what

Overview

Walk Away From Divorce with Financial Security Family lawyer Gayle Rosenwald Smith has designed this thoroughly researched, practical, and easy-to-read guide to help the reader through difficult, emotional, and often overwhelming divorce processes. She comprehensively explains the financial issues that can impact divorce and, most importantly, tells the reader what they can do to better understand their situation and how to take proper action. Included are effective tools and strategies to: € Choose the best lawyers, financial advisors, and more€ Track assets with checklists and charts€ Evaluate and understand stock options and other "perks"€ Prepare a budget and expense sheets € Value business, pension plans, and retirement funds-401(k)s, IRAs, and more€ Understand the importance of insurance in divorce€ Determine the best course of action for the family home and other property€ Get a good property settlement agreement€ Ensure your future financial security and economic well being

Editorial Reviews

Publishers Weekly
Smith (What Every Woman Should Know About Divorce and Custody), a Philadelphia attorney specializing in family law, believes that divorce often causes people to make emotional decisions that can lead to dire financial consequences. They end up selling homes, losing businesses or paying off spousal debt without considering the move's long-term impact. "It is essential to look at the big picture. If you can't logically and rationally identify all the `things' you own, you will lose the opportunity to fight for them," says Smith in the book's introduction. She begins by identifying what's included in marital assets and how to conduct an inventory of this property. She discusses homes at length since the decision whether to move out or sell a house is one of the most significant decisions in divorce proceedings. This one issue touches on the impact divorce has on children, the ability of a spouse to buy-out the other spouse's share and whether the spouse keeping the house can continue to pay the mortgage. There's also advice on finding attorneys, valuing businesses, retirement plans, alimony and more. While the book covers a wide range of issues, it is quite accessible. Smith's friendly and reassuring style will appeal to readers frustrated and uneasy about the divorce process. (Jan.) Copyright 2003 Reed Business Information.

Product Details

ISBN-13:
9781440650178
Publisher:
Penguin Publishing Group
Publication date:
01/06/2004
Sold by:
Penguin Group
Format:
NOOK Book
Pages:
288
File size:
520 KB
Age Range:
18 Years

Meet the Author

Gayle Rosenwald Smith is a Philadelphia lawyer concentrating her practice in family law. She is a member of the American Bar Association and the Philadelphia Bar Association. Her articles have appeared in such publications as the Chicago Tribune, Philadelphia Inquirer, Philadelphia magazine, Money.com, and TheLaw.com. She is also the co-author, with Sally Abrahms, of What Every Woman Should Know about Divorce and Custody.

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