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The Complete Guide to Protecting Your Financial Security When Getting a Divorce

The Complete Guide to Protecting Your Financial Security When Getting a Divorce


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About the Book

Despite the tireless handwringing of family-values proponents, the divorce rate in the U.S. still hovers at around 50 percent. It's both amazing and depressing to think that, statistically speaking, half the couples you know will be getting divorced. Terrible as this is, it also means that there is a large, perennial audience for books that show people how to deal with the different aspects of divorce. In fact, the idea of divorce doesn't even hint at the true pain and anguish engendered by the process: it can be (and frequently is) people at their most greedy and venal. When couples part, money is often seen as the most effective means to revenge, and without sound financial advice, an unwise or precipitate divorce settlement can permanently alter your financial future. To successfully navigate this tumultuous life event, you need the kind of comprehensive advice and guidance offered by Alan Feigenbaum and Heather Linton in their book, Financial Self-Defense for Surviving Divorce. This book will show you how to: Give yourself a crash course on the family finances if a divorce is imminent (with special sections on evaluating your spouse's small business or intellectual assets); Devise creative strategies that lead to a "win-win" financial settlement; Avoid getting caught up in a struggle for big assets (like the house) that can blind you to the bigger financial picture; Choose among the many methods of settling a divorce (mediated, arbitrated, collaborative agreement, in absentia, contested, and of course, all-out war); Investigate and apply state divorce laws; Construct an immediate financial action plan when divorce is on the horizon; Understand the true value of and negotiate for family assets such as stock, trusts, stock options, property, etc.; Navigate the ins and outs of child support; Ensure full and timely payments from your ex-spouse; Deal with retirement nest egg, 401(k), and Social Security issues; Avoid divorce tax penalties and pitfalls; Change your estate-planning strategies so they're consistent with your divorce settlement goals; Overall, this is a solid, comprehensive guide to surviving a divorce with your financial health intact.

Table of Contents:
Introduction
Part I Preparing for Divorce
1 Divorce: So Money Things to Think About
2 Setting the Legal Course for Financially Surviving Divorce
Part II A Strategic Course for Financially Successful Divorce
3 (Round 1): Prepare for Prosperity: Your Head, Heart, and Money
4 (Round 2): Prepare Your Financial Fight Strategically
5 (Round 3): Initiate Divorce and Negotiate a Moneywise Marital Settlement
6 (Round 4): Prepare for Postdivorce Financial Life
Part III Dealing with Divorce Financial Issues
7 Basic Divorce Financial Issues
8 Complex Divorce Financial Issues
Part IV Reaching a Financially Fair and Feasible Divorce Settlement
9 Negotiating Financially Sound Settlements for Postdivorce Prosperity
10 Financial Self-Defense in Action: Specific Settlement Scenarios and Solutions
Resource Appendix
Index
About the Authors

About the Author :
McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide


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Product Details
  • ISBN-13: 9780071410328
  • Publisher: McGraw-Hill Education - Europe
  • Publisher Imprint: McGraw-Hill Professional
  • Height: 229 mm
  • No of Pages: 256
  • Weight: 413 gr
  • ISBN-10: 0071410325
  • Publisher Date: 16 Apr 2004
  • Binding: Paperback
  • Language: English
  • Spine Width: 18 mm
  • Width: 152 mm


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