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September 2017 Archives

Providing stability for children after a divorce

Georgia parents who are divorced will need to continue working with their exes to raise their children. This can get complicated when there are two households that have completely different rules. By keeping the best interests of their children at heart, however, parents can provide stability, order, constancy and structure during an otherwise chaotic time.

Dealing with retirement during property division talks

Divorcing couples in Georgia often focus on their immediate needs during property division negotiations, but the decisions they make can cast very long shadows. These discussions frequently become mired in acrimony over assets with high sentimental values, and people sometimes make decisions that jeopardize their long-term financial security in pursuit of short-term goals.

Could a forensic accountant help in your high asset divorce?

One of the most difficult things to predict in a contentious divorce is how assets will get divided between you and your spouse. If you can't agree on who should get what or on the fairest way to divide assets, the courts will make that decision for you. The courts will try to arrange for what they consider an "equitable division" of your assets. However, equitable doesn't actually mean even or a 50/50 split. Equitable means fair, and fair could mean more going to one spouse under certain circumstances.

Avoiding retirement penalties in complex asset division

Confusion over the division of retirement assets during divorce can lead to costly mistakes for one or both parties. Couples in Georgia seeking a divorce may not realize that tax law treats 401(k) plans differently from traditional IRAs and IRA variants. Penalties can result in an enlarged tax bill and a number of negative consequences if it cannot be paid on time. Fortunately, there is a right way to go about retirement asset division that completely avoids tax penalties.

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At Hecht Family Law we understand that this is not only a very trying time for you, but that you want to get what you feel you deserve during the divorce process. We will always keep your end goal in mind.

Ready to rest easy tonight? Take a moment to contact Hecht Family Law. We offer free phone consultations, or you could send us an email to discuss your family law matter today.

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