Info

Divorce and Your Money - #1 Divorce Podcast

Visit us at www.DivorceAndYourMoney.com Divorce and Your Money is your guide to avoiding costly mistakes during divorce. Shawn Leamon, Certified Divorce Financial Analyst and MBA, wants to help you learn the fundamentals of how to get a divorce. Whether you are looking for an uncontested divorce, a do it yourself divorce, or an online divorce, resources are available to offer guidance. Through his divorce podcast and divorce blog, Shawn offers his professional opinion on the best ways to handle the end of your marriage. He covers topics including how to file for divorce, divorcing a narcissist, and finding the best divorce attorney. Even tricky subjects such as a “what is a QDRO?” and “is alimony taxable?” are tackled through these venues. If you need to know what the first steps are or what you should do to head to trial during litigation, you can find resources to give you a step-by-step guide to what comes next. Think of his advice as an alternative to divorce support groups where you can find exactly what you need when you need it. He offers one-on-one divorce coaching to give you a solid grasp on the decisions that are bound to affect your financial future. Before you have a divorce decree in hand, you will likely go through some type of divorce mediation. For any spouse saying, “I want a divorce,” you need to make sure that you are getting the financial future you are entitled to. Do not allow yourself to be blinded by the emotional, legal, and financial burden that divorce can become. Instead, take control of your situation with sage wisdom to help all individuals make better financial decisions for their independent future. If you find yourself asking “where are the best divorce lawyers near me?”, Shawn can help you to recognize the best of the best. Whether you need a divorce in Texas, a divorce in Florida, or a divorce in New York, you will have all the knowledge you need to find the best team of professionals to assist you. You can start from a place of being legally separated or once you have already started to file for divorce using free divorce papers or an attorney. No matter where you or your marriage may be in the process, Shawn Leamon has professional advice to offer your unique situation. A simple no fault divorce or a high-stakes power struggle are all areas he has vast experience with during his work outside of Divorce and Your Money. Let his advice be a guide to help you get all that you need for a secure financial future in your divorce records. It will not make a difference whether you are getting a divorce in Ohio or a divorce in California if you are following the basic principles set out through Divorce and Your Money’s divorce blog, divorce podcast, and divorce coaching.
RSS Feed Subscribe in Apple Podcasts
2019
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


All Episodes
Archives
Now displaying: Page 1
May 31, 2017

This article was originally published on Divorce and Your Money here.

Getting divorced in the United States is already complicated, but when you are facing  an international divorce, the complexity substantially increases.

If you are a US citizen getting divorced abroad, you will be facing at least two sets of laws: the law of the country in which you are getting divorced and the law of the US. You may have international custody issues. You may have trouble tracking down hidden assets. The whole process is much more difficult, so you will need an International Divorce Lawyer.

Choosing an International Divorce Lawyer

When it comes to international divorce, you will need more than one attorney. In a “simple” international divorce, you will need an international divorce lawyer based in the local country or countries in which you are getting divorced. Also, you will need a US-based lawyer to handle any issues related to American issues you may be facing.

For example, you are living in Spain with your spouse, who is a native of Spain but has assets in New York. Your spouse wants a divorce.

You will need a Spanish lawyer to handle the Spain-related elements of the case, as well as a New York attorney to handle the issues there. Preferably, you will have an international divorce lawyer in New York with experience handling cross-border divorce cases.

The complexity arises because you will be operating under the Spanish divorce process for many of the issues in your divorce. At the same time, you may also have to determine if decisions you make in Spain affect issues you deal with in the US.

Hidden Assets Are More Common

When facing divorce in multiple jurisdictions, it is easier for a spouse to hide or obfuscate assets. For example, when in Europe, hiding assets in another country is no more difficult than taking a 1-2 hour plane trip. South America and Asia pose their own unique challenges. You will need international divorce lawyers and investigators with local knowledge in any country that you suspect may house hidden assets.

Get Financial Help

A Certified Divorce Financial Analyst (CDFA) can be helpful for structuring the most financially advantageous settlement under normal circumstances. When dealing with assets listed across the world, a CDFA with international experience is a must. Simple items, like understanding currency transactions and the valuation of assets, and other unique elements (such as dealing with cross-border real estate and investments) add unique complications to the process.

Furthermore, you will need to make sure you have a local accountant help negotiate and approximate any potential tax consequences of financial decisions you are making. With international and local tax rules, there are plenty of complex areas. If you are not careful, you could be paying the price further down the line.

Consult all attorneys before signing a divorce settlement

Here is one of the biggest challenges with negotiating an international divorce: the issues you agree upon in one country do not necessarily have legal standing in the US, and issues decided in the US do not necessarily have legal standing outside our borders. Therefore, you can end up in a position where you think you have resolved a key element in your divorce, only to find out that what you agreed to does not apply to the other country.

Before you sign settlement agreements or other issues, be sure to consult with your entire team to determine the most important issues.

International Divorce is expensive

Unfortunately, international divorce can be more expensive than a US-only divorce, given the more complicated legal and financial issues at stake. You will likely have:

1) An international divorce lawyer

2) A US-based divorce lawyer

3) A CDFA

4) An international accountant

5) A local accountant

6) Other support

Make sure you build the right team to help you experience navigating complex international issues.

Shawn Leamon, MBA, CDFA is the host of the “Divorce and Your Money Show” and Managing Partner of LaGrande Global, with offices in Dallas, New York and Hanover, New Hampshire.

 

Want more free divorce advice and tips?

Subscribe to the Divorce and Your Money Podcast, trusted by over 50,000 people across the United States.

Divorce+and+Your+Money+Podcast (2).jpeg
0 Comments
Adding comments is not available at this time.