I don't know if this qualifies as "post divorce phase," but when the
house is to be transferred from one spouse to another better to get the
deed signed and recorded prior to the actual divorce. If there is any
chance that the transferring party has any judgments against him/her,
then the whole thing get royally messed up due to a change in ownership
from T by E to Tennants in Common. So, either get it done before or
make sure there are no judgments.
Another is the argument that ensues on investment interest in retirement
assets if they aren't transferred in a timely manner.
Also, failure to redesignate beneficiares.
Darcy A. Shoop, Attorney At Law
Stein, Sperling, Bennett, De Jong,
Driscoll & Greenfeig, P.C.
25 W. Middle lane,
Rockville, MD 20850
(301) 838-3228 direct telephone
(301) 354-8128 direct facsimile
dshoop@xxxxxxxxxxxxxxxxx
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________________________________
From: CollabLaw@xxxxxxxxxxxxxxx [mailto:CollabLaw@xxxxxxxxxxxxxxx] On
Behalf Of Morris Armstrong, CFP, ChFC, CDFA
Sent: Monday, October 01, 2007 2:10 PM
To: CollabLaw@xxxxxxxxxxxxxxx
Subject: [CollabLaw] Failure to Properly Manage Personal Affairs After a
Divorce
I am working on a presentation under the above heading and I was hoping
that people may supply some examples of where people err royally in the
post divorce phase. I imagine, but have no evidence that the errors
are more likely to occur in litigated divorces; so I dont mind hearing
stories from the past.
I also need to address using qualified financial advisors and I am
going to be upfront and state that my belief is that only people who
can operate under the authority of the Investment Act of 1940 as
amended or its state equiavalent should be considered. I know that
radically differs from the IACP however that is the approach I will be
taking there. ( Comments welcome as well)
Please feel free to contact me directly at divorceplanner@xxxxxxxxxxxxx
<mailto:divorceplanner%40earthlink.net>
or post here if people dont mind
Thank you
Morris Armstrong CFP, ChFC, CDFA, AIF, EA
Armstrong Financial Strategies
57 North St
Danbury CT 06810
203 744 9297
www.armstrong-financial.com
[Non-text portions of this message have been removed]
