Vacca Family Law – Tax Implications in Divorce
“Maybe if I can’t afford this house and I have to sell it in two years and it’s all on me, I only get the exclusion up to $250,000, whereas if we sold it as a couple, we could have had a $500,000 exclusion and saved ourselves a lot more in profit.” – Lili Vasileff in re: discussion of tax smart asset division tips for divorce.
MarketWatch – Is this marriage for love — or money? ‘I always recommend a prenup.’
“It’s hard to overcome a client’s enamored passion,” said Lili Vasileff, a certified financial planner in Greenwich, Conn. “Time might prove you right [that the marriage was a mistake], but by that time you’re long fired.”
New York Times – How to Stop a Late-in-Life Divorce From Ruining Your Retirement
“I ask clients, ‘If the house will eat up 70 percent of your income, are you willing to sacrifice 70 percent of everything else in your budget to keep it?’” Ms. Vasileff said.
What If You Suspect a Spouse is Hiding Assets or Income?
What If You Suspect a Spouse is Hiding Assets or Income
Money & Divorce recognized by SupportPay during Child Support Awareness month
Money & Divorce recognized by @SupportPay during Child Support Awareness month!
Divorce Dialogues Podcast – How to Avoid Big Mistakes That Are Made During High Net Worth Divorce
Just because someone may have a high net worth, doesn’t always mean they are good with their money.
Podcast: How to Avoid Big Mistakes that are Made During High Net Worth Divorces
Podcast How to Avoid Big Mistakes that are Made During High Net Worth Divorces
Bill and Melinda Gates Divorce – The Example of a Collaborative Divorce
Bill and Melinda Gates Divorce – The Example of a Collaborative Divorce
Protecting Your Threatened Wealth
Every 10 seconds a Boomer turns 60 years old. Gray divorce is what many boomers face. Among U.S. adults over age 50, the divorce rate has doubled since 1994. Contrary to expectations, long term marriages are not immune to divorce and the largest increase (55%) is in first time marriages of over 20 years. With transition and the uncertainty of a divorce outcome, being able to meet one’s needs and protect wealth are the two priorities expressed most often by older individuals who divorce.
7 Reasons Spouses, Partners Lie About Money
Ten years have passed, and Lisa*, now 60, still asks herself, Why didn’t I see it coming? At the time, she and her husband, Andrew, were living well: a spacious home in a Chicago suburb, overseas travel, a kid in private school.
