A divorce lien can avoid the usual turmoil of selling the house and splitting the money – especially since the home is often a divorcing couple’s largest single asset.
Clearing up misconceptions and understanding just a few of the rules for underwriting home loans may help in drafting an agreement and planning more realistically for housing the future divorcee.
What role did Harold Hamm play in the growth of Continental Resources, and how much of the enhanced value of the company can be attributed to external factors?
Software exists to help family law attorneys reach tax-optimized divorce settlements with minimal time and effort, thereby simplifying the process of property division.
One of the most common mistakes that people make during a divorce is failing to understand which assets may yield the most benefits years down the road.
Challenges to Valuation, Protection and Treatment Of An Owner’s (Dilutable) Interest in a Start-up or Rapidly Growing Business
This topic will be dealt with at the 2014 National Conference on Divorce which takes place on April 24-25 in Las Vegas. Below is a summary of what will be covered and the questions that divorce attorneys and financial experts have to address when dealing with an owner of a start up or a rapdily expanding business.
The Family Law Act requires a spouse to include the value of all property that the spouse owns on the valuation date in net family property. In general, this has been interpreted as the fair market value on the valuation date of that property. A number of cases involving stock brokers, or “investment advisors,” and their books of accounts, have thrown this interpretation into a state of confusion.
One of the most common assets with which we deal in a divorce, and one which has some of the most favorable tax treatments available (and at the same time one for which the tax treatments are so often misunderstood by non-tax experts), is the marital home. While as a general statement there are many unique items within our Tax Code, the marital home indeed has a special place, blessed with certain tax benefits that are simply nowhere else to be found in our Tax Code.
There are several things to look out for when dealing with hedge funds, including the limitations on your clients’ rights to redeem shares, accredited investor status, their valuation process, tax etc.
By Noah B. Rosenfarb: When nonqualified deferred compensation plans (“NQDC”) exist in a marital estate, they are often substantial components of the marital balance sheet. If your case includes an NQDC…