by Larry Smith | Dec 2, 2019 | Personal Divorce
If you are a financial advisor who is going through a divorce be careful to diligently address determining which layer the income stream from your business should be included in; should it be included within the marital estate, the value of the business, both or...
by Larry Smith | Dec 2, 2019 | Personal Divorce
If you are going through a divorce and are the intended recipient of spousal support you need to read this article. One key takeaway is to be careful what your financial profile looks like today compared to what it needs to look like tomorrow. In other words, how you...
by Larry Smith | Dec 2, 2019 | Personal Divorce
If you are going through a divorce and filing as married filing jointly or married filing separately, be wary how the tax liabilities are allocated in your divorce. Why? If one of your goals in your divorce is to keep as much wealth in your pocket as you can, you need...
by Larry Smith | Nov 15, 2019 | Personal Divorce
Is your spouse responding harshly to you during your divorce process? Did you ever think this is the way your divorce would go? You probably thought, like most people, your spouse would respect the boundaries you had established in your lives together. Simple things...
by Larry Smith | Oct 14, 2019 | Personal Divorce, Tax Risks in Divorce
People who are concerned their spouse has (or will) understate income or overstate deductions question whether they should file their tax return as MFS instead of MFJ. When a return is filed as MFJ and the IRS identifies misreported information, the IRS holds each...
by Larry Smith | Sep 15, 2019 | Personal Divorce
If you own short term rental properties and need to assign the value of those assets in your divorce to your spouse, this article was written for you. When you are going through a divorce the perspective about the value of short term rental properties changes from...
