Wealth Protection Management Articles

Wealth Protection Management Articles

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Articles & Blog

How to avoid mistakes dividing up 401(k) assets in divorce

Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.

Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.

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Articles & Blog

Avoid these mistakes dividing up 401(k) assets in divorce

Divorcing couples can face enough agony as it is dividing up possessions and agreeing on custody of children, let alone splitting retirement assets.

Yet that nest egg often represents a divorcing couple\’s largest pot of money. And if the process for the division of those assets is not done properly, there can be a steep price to pay in taxes, penalties or an unintended amount of money going to an ex-spouse.

Read More »
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Articles & Blog

Your Money: Older couples ponder financial impact of divorce

Lili Vasileff is quoted in a recent article by Beth Pinsker for Reuters Money on how older couples approach the financial aspects of divorce. Lili says, “Some couples are now putting together ‘post-nuptial’ agreements when they physically separate, just so there are rules for financial arrangements to cover things like disposable income and debts.”

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Articles & Blog

Married, so should you have your own slush fund?

In this article by Jean Chatzky for Fortune.com, Lili Vasileff contributes to the discussion of recent research that finds many more men than women have bank accounts or credit cards that their spouse or live-in partner don’t know about. Should a married woman have a slush fund…a stash of cash that her spouse doesn’t have access to and maybe doesn’t even know about?

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Articles & Blog

Benefits of Filing Jointly

Filing your taxes together may not be the glue that will ensure you stay married forever. But it could save you money and help you cash in on some lucrative tax credits.

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Articles & Blog

How to Manage Household Records and Documents

Every household must work out its own records management system, but some general guidelines can help. A good system will provide an overview of what happens to property after a major life event occurs. Lili offers her advice in her latest blog post…

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Articles & Blog

Death and Taxes and Divorce?

How the new tax changes will impact planning for divorcing couplesby Lili Vasilef Ms. Vasileff, president emeritus of the national Association of Divorce Financial Planners,

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