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Divorce
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The ultimate guide to divorce, reviewed and rated by accounting professionals.
Divorce Information Links
Divorce doesn't have to end in a fire sale of your financial assets. There are ways to split up that preserve the value of your holdings and leave one part of the relationship unscathed.
There are at least four ways to access retirement savings prior to age 59 ½ without being subject to the 10% penalty tax for early withdrawal. One method is available only to divorcing couples while the other three can be used by anyone. These methods can help some divorcing couples find a mutually agreeable settlement that would otherwise elude them. Detailed, well-written article by David Twenhafel, Certified Financial Planner, Certified Divorce Planner.
Articles from accounting professionals that provide "help for generation ex."
Financial planning articles and resources that deal specifically with issues involving divorce.
Great resources for divorce and PFP, including insurance, credit, bankruptcy and more. The "Financial Survival Guide" provides and excellent summary and some detailed information on just about every financial aspect of divorce. The "Financial Issues" bulletin board provides answers to questions about divorce and finances. Don't miss "Tax Brake," which has some interesting articles on divorce tax issues. All tis from "The Net's Largest Divorce Resource Since May 1995."
From the GE Center for Financial Learning comes this online course which is designed to increase your knowledge of the financial planning process for single individuals and help you implement your own plan. Takes about one hour to complete.
http://www.financiallearning.com/courses/course_financial_planning_single.html
SmartDivorce.com bills itself as a "Divorce Learning Center." There are many different categories of information here, but the one we find the more valueable is the Divorce HotTips Archives, a collection of articles covering various aspects of divorce. Many deal with the financial aspects, such as "Child Support and College Support," "Innocent Spouse Rule," and the "Business Owners Planning Guide" (a four part series).
Emotions and finances don't mix, especially in divorce. Here's how to stay in the black though you may be seeing red.
This site carries a fair amount of subtle advertising for books, software and Institute memberships, but there is enough useful information to justify a visit. You can browse resources designed to help divorcing couples deal with the financial issues. Also, if you are a financial planner, CPA, attorney, etc. who would like to get into divorce planning, you can check out the "Professional Certification" section and find out how to join The Institute for Certified Divorce Planners.
Get resources and advice from the women who have been there: the Second Wives Club. Recent articles include "Getting Tax Info on the Ex", "Financial Tip: Alimony Buy-Out", and "Financial Planning for the Second Time Around."
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