Divorce Analysis

Whether your retirement benefits come from your own job, your spouse's job or plans that you invested in together, those benefits must be divided when you divorce.

When you divorce, you divide not only property but debts. It's crucial that you and your spouse reach an agreement about how debts will be handled.

Question in divorce: Does interest, income or appreciation on separate property belong to "me" or to "us"?

When you are divorcing, the distinction of assets and income is crucial. #DivorceAnalysis #Camelotta

If you've made a will or living trust or taken other measures to determine what will happen to your property after your death, your divorce most likely alters those plans dramatically.

Insurance is designed to protect you from financial disaster. But when you divorce, your coverage itself may be at risk. Because policies can make for boring reading, and almost no one thinks about this subject until it's too late, insurance needs are commonly forgotten during divorce.

Unmanageable debts may serve as a catalyst for the ending of the marriage in some cases. Other couples feel the pinch as their expenses double when one spouse moves out - they maintain two households, yet their incomes stay the same.

If you are the one who is willing to assume a debt, you might ask for something in return. You may be able to make tradeoffs - perhaps getting the car or the piano in exchange for paying off credit card debts.

Before you begin to negotiate your divorce settlement, you must know what property you own alone - as opposed to what property is owned separately by your spouse or by the two of you together.

Even if your state legally values assets at the date of separation, you and your spouse can agree to another date. #DivorceAnalysis

As you move through your divorce, it will be easy to become overwhelmed with the financial details. You may suffer from math anxiety or money phobias. #DivorceAnalysis

In divorce, when you divide the investments made by you and your partner during marriage, it's doubtful you'll get exactly what you want. But you should get what you need.