Divorce Book Club - Top Financial Divorce Books To Get You Back On Track
There is a wealth of information out there surrounding divorce. And while there are no shortage of self-help books to get you through the emotional hard times, we wanted to place a spotlight on those resources that focus on the practical, financial aspect of divorce. Below you will find our top picks for books focusing on the bottom line of divorce, that can help protect you and your children from financial hardship.
Divorce & Money: How to Make the Best Financial Decisions During Divorce 10th Edition Divorce & Money guides you through the process of making important, and sometimes life-altering decisions. It covers how to:
decide whether to keep or sell the house
protect yourself against misuse of joint accounts and credit cards
avoid tax problems
handle alimony and child support
divide debts fairly
avoid hasty decisions that could hurt you financially
reduce risks to your investments
understand how a court evaluates assets
gain financial stability as a single person
Money & Divorce: The Essential Roadmap to Mastering Financial Decisions Financial planning for the future is an essential part of every divorce settlement. Separating couples often face a significant financial transformation. The bottom line is that two households must now survive on the dollars that formerly supported one. Transition is a critical time when you need the most help to understand the pros and cons of your financial options, how to set priorities, and when to reach a settlement with confidence. Money and Divorce: The Essential Roadmap to Mastering Financial Decisions will help you make informed and intelligent choices concerning financial issues in divorce. The book explains the fundamentals―illustrating how to set goals, deal with finances, navigate the legal process, and protect against unforeseen events.
The Complete Guide to Protecting Your Financial Security When Getting a Divorce Written by two noted divorce planning experts, this book arms readers with the knowledge and tools they need to make it through a divorce with their financial skins intact. Readers learn of all the financial risks and ramifications involved, as well as how to prepare themselves for any eventuality. And they get proven strategies for negotiating the best possible financial solution, along with valuable worksheets, checklists, and sample documents. Among other important lessons, readers learn how to:
Construct a solid financial action plan when divorce seems imminent
Get a complete picture of family finances, including the low down on a spouse’s small business or intellectual assets
Negotiate a win-win financial settlement
Choose the best settlement method, from options including mediated, arbitrated, and collaborative agreements
Avoid tax penalties and pitfalls and deal with retirement nest egg, 401(k), and SSI issues
The Financially Smart Divorce: Three Steps to Your Ideal Settlement and Financial Security in Your New Life.” Divorce is the largest financial transaction you will make in your lifetime. You need more than information; you need a step-by-step path to follow. From preparation to recovery “The Financially Smart Divorce” guides you through the financial maze of divorce while providing essential knowledge on eighteen topics including child support, alimony, dividing and transferring assets, taxation, managing business interests, executive compensation issues, and much more.
Own Your Financial Freedom: Money, Women, Marriage and Divorce It is never too early to get a financial reality check to ensure long term financial security. Practical, savvy, and wide-ranging, Own Your Financial Freedom will inform women of important financial constructs prior to marriage and educate women on the ‘what-if’ of a divorce proceeding and post-divorce money management. By making effective money decisions at every stage of your life, if a divorce is ever inevitable, you will feel far more in control and aware of what you are entitled to, making divorce a straightforward process and not a lengthy battle.Packed with essential advice from professionals and financial gurus, Own Your Financial Freedom will help anyone navigate through the emotionally, economically and legally challenging divorce procedure. From understanding entitlements, coming to a settlement and to planning long-term investments, this book is an essential guide to achieving financial freedom.
Divorce Survival Guide: The Roadmap for Everything from Divorce Finance to Child Custody The Divorce Survival Guide walks you through every step of the divorce process with straightforward tips, techniques, and checklists. It outlines your legal, parental, and financial rights, and details common scenarios that may arise in the legal proceedings so that you can make informed and thoughtful decisions. Most important, The Divorce Survival Guide helps you through the complex emotional work of divorce, with tips on handling stress, and techniques for protecting and communicating with your children. With The Divorce Survival Guide, you’ll have the invaluable tools you need to make the best financial, practical, and emotional choices throughout your divorce.
Dollars & Sense of Divorce From financial pitfalls to emotional bombshells, from inside tips to pointers on dealing with the legal system, this book is the ultimate guide to what happens in a divorce and how to navigate the system successfully. You’ll learn how to:
Negotiate the best financial package for you
Create an advisory team that works
Implement proven strategies at every stage of divorce: before, during, and after
Determine what’s important-and what’s not
The Dollars and Sense of Divorce is unique in that it is written for both men and women-and it looks at divorce before, during and after.
Have a suggestion that helped you, or a review of any of the books listed above? Comment below and let us know what you think! For more information on the financial implications of getting a divorce, contact Stampone & Associates today at 215-277-1191.