 |
|
 |
 |
|
|
Forum
-> Household Management
-> Finances
|
amother
OP
|
 Tue, Mar 01 2022, 4:57 am
about how to manage joint money when there is the possibility of divorce?
Or does this need to be discussed with a lawyer?
| |
|
| Back to top |
 1
 0
|
imasinger
|
Tue, Mar 01 2022, 5:01 am
The financial advisor is going to address an issue from the perspective of money and its long term growth vs short term needs.
The lawyer is going to address the issue from a perspective of law and probably fairness.
If you have a nest egg that's going to be a question of how to invest, I'd strongly urge you to consider consulting both. It's worth it in the long run.
| |
|
| Back to top |
0
1
|
ellacoe
|
Tue, Mar 01 2022, 7:48 am
|
There are specialists who are CDFAs, Certified Divorce Financial Analysts, many of whom are well versed in this area.
| |
|
| Back to top |
0
1
|
|
amother
OP
|
Tue, Mar 01 2022, 9:47 am
| ellacoe wrote: | | There are specialists who are CDFAs, Certified Divorce Financial Analysts, many of whom are well versed in this area. |
and is this the place to go in a case where divorce is only a strong possibility but has not started?
| |
|
| Back to top |
0
0
|
ellacoe
|
Tue, Mar 01 2022, 1:54 pm
| amother [ OP ] wrote: | | and is this the place to go in a case where divorce is only a strong possibility but has not started? |
It is hard to answer this as I do not know your objectives.
Are you looking to invest now and want to know your options?
Do you have investments that you are concerned about what will happen?
Also depends where you are located. For example if you are in NY, in most instances all assets accrued during the marriage are divided equitably which is usually 50/50 (not inheritance or payout from injury etc.) So if you are looking to invest in something now and there is a high likelihood that you are getting divorced, whatever you invest in will be split 50/50. If you have a specific question you can PM me or post here, and I can try and steer you in the right direction.
| |
|
| Back to top |
0
2
|
|
amother
OP
|
Sun, Mar 06 2022, 3:57 am
| ellacoe wrote: | It is hard to answer this as I do not know your objectives.
Are you looking to invest now and want to know your options?
Do you have investments that you are concerned about what will happen?
Also depends where you are located. For example if you are in NY, in most instances all assets accrued during the marriage are divided equitably which is usually 50/50 (not inheritance or payout from injury etc.) So if you are looking to invest in something now and there is a high likelihood that you are getting divorced, whatever you invest in will be split 50/50. If you have a specific question you can PM me or post here, and I can try and steer you in the right direction. |
Thanks ellacoe, I'm in Israel- are you at all familiar with the system here?
| |
|
| Back to top |
0
0
|
ellacoe
|
Sun, Mar 06 2022, 8:26 am
| amother [ OP ] wrote: | | Thanks ellacoe, I'm in Israel- are you at all familiar with the system here? |
Sorry I do not know how the system works there.
I would suggest the first step would be to find out what the laws are there regarding distribution of marital property in a divorce.
| |
|
| Back to top |
0
0
|
| Related Topics |
Replies |
Last Post |
|
|
Jewelry Stores in Yerushalayim - Please advise!
|
16 |
Mon, Apr 15 2024, 7:43 am  |
|
|
Financial Assistance
|
1 |
Thu, Apr 11 2024, 7:34 am |
|
|
Let's inspire each other!positive/bitachon financial stories
|
10 |
Wed, Apr 10 2024, 12:40 pm |
|
|
How does everyone know who gets financial help for Pesach?
|
19 |
Sun, Apr 07 2024, 12:51 pm |
|
|
Do you restrict your kids food intake for financial reasons?
|
165 |
Fri, Apr 05 2024, 7:36 am |
|
|
Imamother may earn commission when you use our links to make a purchase.
© 2024 Imamother.com - All rights reserved
|  |
 |
|
 |
|
|
