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How Divorce Affects the Older Woman
by Carol Ann Wilson,
Financial Divorce Specialist

How Divorce Affects the Older Woman Ebook
$2.99
Click Here to Purchase Electronic Version
for Amazon Kindle

Divorce is a life-changing event. Don't make a bad decision that you could haunt you for the rest of your life! Protect your assets and your future.

Divorced women, especially older divorced women, are swelling the poverty rolls. One major reason is that in creating a financially equitable settlement, judges and attorneys often forget that property is divided just once, but career assets continue to produce income regularly for years.

This book examines three major areas that most affect how older women will survive a divorce financially, and how financial planners can provide expert advice to those women and their attorney on dividing the property, pensions, retirement plans, and maintenance/alimony.

In a traditional marriage, where the wife doesn't work or works very little, a simple 50/50 splitting of assets can leave the woman broke. This is especially a problem when the woman receives the home as an asset, which won't produce needed income and which may have tax consequences.

The basis of home or other financial assets is also often overlooked when dividing marital property. Learn the most equitable ways to split a house.

Retirement plans are another area that can be confusing in a divorce. Valuing assets in a defined-contribution plan is relatively simple, but the division and transference of those assets in a divorce can cause problems. Valuing assets in a defined-benefit plan is much more complicated, as is division of the property. Two methods of division, "present value" and "deferred division" are explained.

How Divorce Affects the Older Woman Ebook
$2.99
Click Here to Purchase Electronic Version
for Amazon Kindle

 

Product ID: B009