The tax laws and different rules and regulations are vast when it comes to the division of assets during a separation or divorce. Although, a simple division of property seems to be easiest, very often tax inefficiency comes into play when couples try to take the easy, 50-50 approach.
Take the time to educate yourself and be sure to hire the appropriate professionals that will guide you not only from the legal standpoint, but also with respect to the financial and tax planning side when it comes to your upcoming separation agreement.
In this video Deanna visits with Tracy Kendel from Fairway Divorce Solutions to discuss some of the most important factors when considering the separation of assets and the planning of a separation agreement.
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A half million dollar pension is worth much more than a half a million at the time of withdrawal. I'm glad she's not my attorney.
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They talk about pension taxes vs the value of a house but when you sell you have capital gains tax and selling fees. I would think that they would cancel themselves out.
How long after a divorce can you claim assets?
https://www.qredible.co.uk/b/how-long-after-divorce-claim-assets/
#UK #solicitor #qredible