Tax season has officially started, and while the IRS won’t begin processing tax returns until January 27, Americans can start preparing now to avoid any surprises. For couples getting divorced, tax ...
In many divorces, it is common for a party to suspect his or her spouse of hiding assets. Methods of hiding assets can be simple, such as filling a safe deposit box with valuables. The less obvious ...
Offshore accounts are appealing to those trying to hide money because they offer banking secrecy in certain jurisdictions, lax reporting requirements compared to domestic accounts, and complex ...
ROCHESTER, NY — Divorce can create substantial emotional turmoil but may also pose significant financial risks, especially when it comes to the division of assets. If you are contemplating divorce or ...
As a financial planner for more than 20 years, I’ve worked with both happily married and divorced clients. And over the years, I have found that I’m often an unofficial marriage counselor when working ...
The dissolution of a marriage is not only emotionally taxing, but the impact on a couple’s economic situation can be particularly severe, especially when they own a business. As a divorce attorney for ...
As everyone knows, money often matters during divorce. But despite all the attention paid to financial issues, divorcing spouses frequently commit the same financial blunders. “People making such ...
It may come as a bit of a surprise that John H. Foster, managing partner of the $800 million private equity firm HealthPointCapital, claims to be $12 million in debt. It certainly caused his ...
South Korean law allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets, law firm says. Married couples in South Korea can now ...