Figuring out the finances is one of the most important aspects in a divorce. Not only do you need to figure out how to divide the property (including pensions and retirement accounts) and figure out the cash flow (child support and spousal maintenance), you also need to consider tax implications. MSN’s article Divorcing? 15 Costly Mistakes has some good tips for divorcing couples. Gather your financial data, consider the options, work with a professional to run the numbers, and never forget the Tax Man.
