Tag Archive for: asset protection

3 Pitfalls To Avoid When Dividing Marital Assets in Divorce


You and your soon-to-be former spouse have laid your marital assets on the table and now it’s time to divvy up who gets what in your divorce. During this part of the divorce process — negotiating distribution of joint assets — be aware that any missteps you make can turn what could have been a fair settlement into one that puts you at financial risk. With the stakes this high, what traps should you be on the lookout for? Here’s how to avoid three common asset division mistakes. Read more

Dealing with Money When You Decide to Separate

alimony factors

You likely have many different joint accounts with your spouse, including bank accounts, credit cards, loans, and more. Before untangling these accounts during your divorce, the first step in protecting yourself is to make sure your spouse can’t create even more financial problems during your separation. Are you about to go your separate ways? Here are a few preliminary money issues to take into consideration. Read more

The Medicaid Divorce: How Splitting Up (On Paper) May Protect Your Partnership

Long-term illness can be brutal on a couple’s finances. When one partner is too sick to work, but the other can’t afford to pay for healthcare — something that often happens when one spouse has cancer, whether you have insurance or not — it can drain a family’s hard-earned resources. Read more