Most of the assets Goodfield was getting were taxable, while the assets going to her husband were not. Because of this, the planner said, Goodfield would be getting $30,000 less on an after-tax basis.

In dividing shared assets during a divorce, it can be tempting to want to keep the marital home for any number of reasons, but it’s important to be sure this is the best financial decision for you.

Timing is also crucial. If the funds are transferred before the divorce is final, Hook says, and the original owner of the IRA is younger than 59 one half, he or she will be subject to a 10% early ...

Business Your Money: How to split assets in divorce, get medical coverage, after 30-plus years of marriage Published: Jul. 23, 2014, 3:00 p.m.

In a divorce or legal separation, individual retirement accounts (IRAs) are divided using a process known as transfer incident to divorce, while 403 (b) and qualified plans such as 401 (k)s are ...

How financial assets are split Couples who divorce have to sort financial settlements in a separate and parallel process to the divorce itself. A financial consent order is a legal document that ...

Know how property, money, other joint assets are split in case of breakups While it's expected to experience emotional upheaval during a divorce, one may not initially realise the full extent of ...