Keith B. Schulefand, Esq.
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high asset divorce Archives

Prepare your post-divorce finances with these tips

Divorce usually takes a huge toll on finances. First, it is a notoriously expensive process. Second, you must figure out how to disentangle your finances from your spouse’s. When the process is over, your personal finances may look totally different than they used to.

Will I have to divide my inheritance in a divorce?

When you are dividing assets in a divorce, you will have to consider your bank accounts, your home and many of your possessions. But what about your inheritance? If you received an inheritance from a late family member, will you have to divide it with your former spouse?

How the new tax law could affect alimony payments

Given the choice, most people prefer not to think about taxes until the April deadline rolls around. The year 2017 was a bit different, though. Last year's massive, nation-wide tax overhaul will affect millions of Americans’ taxes—and will likely have other important implications, as well.

My spouse has been dissipating assets. What can I do about it?

When you and your spouse began the divorce process, you had a reasonable estimate of your marital assets’ value. But now the time has come to divide your property, and you are stunned to find that your spouse has been deliberately wasting assets so that you will receive less than your fair share. This is a spiteful move called dissipation of assets that, unfortunately, some spouses will resort to in a divorce.

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