The Importance of Accurately Attributing Gains on Separate Property in Divorce
Recently I was hired by a divorcing client, let’s call him Joe, who had been contributing to two retirement plans for approximately 20 years. He was married for only the last 9 of those years. Fortunately, Joe saw the wisdom in hiring a divorce financial analyst to calculate what portion of the gains and losses should be allocated to his pre-marital account balances so he could claim it as his separate property. The difference meant over a hundred thousand dollars to Joe, and far exceeded the cost of my performing the calculations.
Original Article Source Credits: Mediate India , https://www.mediate.com/
Article Written By: Mary Salisbury
Original Article Posted on: September 2020
Link to Original Article: https://www.mediate.com/articles/salisbury-attributing-gains.cfm