| FOR
MEN
Careful financial planning during divorce helps
both parties define their needs and understand
that the available finances may not allow both
parties to maintain their pre-divorce lifestyle.
For example, after divorce, money that was previously
used to support only one home must now cover the
expenses of two separate residences.
Tim
and Cathy |
Geoffrey and
Theona
Geoffrey and Theona
When Geoffrey first started his divorce action,
he was most concerned with keeping his pension
earned from years of hard work as a spokesperson
for Toy-R-Us. His wife, Theona, also nearing retirement,
wanted to spend more time at their upstate retreat.
By valuing all their assets and taking taxes into
account, I was able to trade off Geoffrey's ownership
in the upstate property for Theona's part of his
pension plus a few other assets. This was a win-win
situation in which both parties got what they
wanted. |
