One of the key issues in divorce is property division. When you’re dividing property in divorce, you first need to figure out what is considered marital property, and therefore subject to division.
One of the key issues in divorce is property division. When you’re dividing property in divorce, you first need to figure out what is considered marital property, and therefore subject to division.
“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.”
“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.