The idea of an offshore account might remind you of infamous scandals and criminal activity, but storing money overseas isn’t illegal in itself. Instead, the trouble begins when the owner of a foreign account fails to report the money accurately to the IRS. While tax...
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Year: 2017
Is infidelity an automatic deal-breaker?
When a partner cheats, it can be a heartbreaking violation of trust. You loved your spouse and you thought they loved you back. Whether infidelity comes as a complete shock or your relationship was already on the rocks, it’s one of the most painful things a person can...
Under 30? Perfect! Start estate planning now
Many people think that estate planning is something only wealthy people over the age of 50 do. In reality, estate planning is important for everyone. If you are under 30, unmarried, do not have children and do not feel like you have enough assets to worry about, you...
Should I wait to divorce until our kids grow up?
When you realize that your marriage isn’t working out, it can be scary to imagine all the changes a divorce could bring to your life. Not only would a divorce affect your future, but it could be hard on your children, too. You might contemplate “holding it together”...
A PI discusses the hiding of assets in divorce
In old, black-and-white movies, private investigators were chain-smoking tough guys who were quick with their fists and cynical observations about life. In real lives, private investigators are less glamorous and much less likely to use fisticuffs to get their jobs...
How you can keep the business in divorce
For some people, the most important asset they own is their business. If you are a business owner and you are going through a divorce, you have probably started to worry about the eventual division of assets. Although your ex-spouse may receive a portion of its value,...
How to protect your assets before divorce
Around the holidays, money tends to be on everyone’s mind. Between shopping for gifts, taking vacations, and budgeting for the new year, you may be thinking about how to manage your money. If you’re also going through a divorce, however, you probably have a whole new...
Financial experts: Cheap Florida divorce can be costly
There are online services that promise cheap, easy, fast Florida divorces. While do-it-yourself divorce might make sense for people in certain circumstances -- they have been married a short time and have few financial assets -- it can be disastrous for people who own...
Money matters: Complications in gray divorce
As relationships change, concerns evolve. In the early stages of romance, couples often spend a lot of time deciding on which restaurants to visit, movies to see and when to introduce the new love interest to family. When an older couple becomes serious about a...
How to handle co-parenting during the holidays after a divorce
Under the best of circumstances, the holidays are a pretty stressful time. There are family visits, trips, presents and big meals to plan for, as well as increased outside social obligations. Although some people get time off from work, that often means a heavier work...