Marriage And Divorce: Property Settlement Calculator
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Overview: In divorce property settlement, each party walks away with certain items the other one isn't interested in anyway such as cars, clothes and various personal stuff. The remainder of a divorcing couple's combined net worth is usually split up according to some agreed-upon ratio, say 60/40 or 50/50. But here's the problem. The agreed-upon split is often done without considering taxes. That can turn out to be a costly mistake for one side and an undeserved windfall for the other. Because some assets carry a built-in tax liabilities while others don't. This calculator will help you arrive at a property settlement based on net-of-tax figures, which is really the only fair way to do it.
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Format: HTML | Date: Jan 2008
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