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Tailored Tax Advice for Women (podcast)
Nancy recently appeared as a guest on on Financially Ever After, a podcast where award-winning and nationally recognized financial expert Stacey Francis shares savvy tips and words of wisdom on how to secure your financial future before, during and after divorce.
Listen to the 45-minute podcast by clicking below, then push the play button at the bottom of the page:
A Primer on Finding Hidden Assets in Divorce
Nancy Goldfarb CFP® CPA PFS MBA CDFA MS in Taxation
Smart Transition Strategies LLC
Financial transparency matters throughout a marriage and becomes especially important when a separation or divorce is possible. This primer explains practical warning signs that may justify closer review of household, business, retirement, insurance, tax, and estate-planning records. No single sign proves that an asset is hidden. Patterns, unexplained changes, and missing records are reasons to document facts and consult qualified legal, tax, and financial professionals.
New York and New Jersey use equitable-distribution principles, under which marital property is divided fairly under applicable law rather than automatically divided in half. Definitions of marital property and relevant cutoff dates vary by state and by the facts of the case. Assets that may require review include real estate, bank and brokerage accounts, business interests, stock options, pensions, retirement accounts, annuities, life insurance, vehicles, digital assets, trusts, and tax attributes.