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Divorce & Money: How to Make the Best Financial Decisions During Divorce [Paperback]

Violet Woodhouse CFP Attorney , Dale Fetherling
4.3 out of 5 stars  See all reviews (24 customer reviews)

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Book Description

January 5, 2011 1413313140 978-1413313147 10
Divorcing? Get everything you need to split assets and debts as fairly as possible.

When you're going through divorce, you have to make an overwhelming number of financial decisions. Should you sell the house? What happens to retirement benefits? How will you handle taxes?

Full of sensitive and practical advice, Divorce & Money guides you through the process of making these important, and sometimes life-altering decisions. It covers how to:

  • decide whether to keep or sell the house
  • protect yourself against misuse of joint accounts and credit cards
  • avoid tax problems
  • handle alimony and child support
  • divide debts fairly
  • avoid hasty decisions that could hurt you financially
  • reduce risks to your investments
  • understand how a court evaluates assets
  • gain financial stability as a single person

    The fully updated 10th edition provides the latest tax figures and data, plus new information on dealing with credit problems, bankruptcy, foreclosure, and the other varied effects of divorcing in a down economy.

  • Editorial Reviews Review

    Anger and hurt tend to figure strongly in divorce, hand-in-hand with resentment, sadness, and fear about your future. And more often than not, these emotional woes all coalesce under the banner of money. Nolo Press is known for its thorough research and user-friendly approach to legal matters, and its book on Divorce and Money is up to its usual high standards of quality. "Think financially--act legally," the folks at Nolo say, and they explain how to do so, in detailed and practical terms, for joint accounts and hidden assets, gifts and insurance, alimony and retirement benefits, marital property and the IRS, net worth and what to do about the house. They also discuss where to seek professional help, how to keep proper records and assemble the facts, why the financial issues are so sticky, in what ways you're at risk, and how to reduce the stress and avoid the bad scenes, when possible. A life-saver of a reference book for when you're at your most vulnerable and disorganized, Divorce & Money offers practical and proactive advice to help you protect yourself and safeguard your financial future. --Stephanie Gold --This text refers to an out of print or unavailable edition of this title.


    “Reduces the financial complications of divorce into comprehensible strategies.”

    “An essential purchase for anyone contemplating a split...”
    -Los Angeles Times

    “At the very least, you should read Divorce & Money so that you better understand your legal rights.”
    -Newark Star-Ledger


    Product Details

    • Paperback: 529 pages
    • Publisher: NOLO; 10 edition (January 5, 2011)
    • Language: English
    • ISBN-10: 1413313140
    • ISBN-13: 978-1413313147
    • Product Dimensions: 1.1 x 6.9 x 8.9 inches
    • Shipping Weight: 1.8 pounds
    • Average Customer Review: 4.3 out of 5 stars  See all reviews (24 customer reviews)
    • Amazon Best Sellers Rank: #359,186 in Books (See Top 100 in Books)

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    Customer Reviews

    Most Helpful Customer Reviews
    49 of 49 people found the following review helpful
    5.0 out of 5 stars The best of them all September 26, 2000
    Divorce is about money, right? And this book will help you with all your financial questions regarding your budget, future planning, etc. And where has your spouse been hiding the money?? Find out! This book gives more tips on doing discovery than any other I've read. If you want a simpler book and want to let your attorney do everything (not recommended) try the Dollars and Sense of Divorce. But if you want the best reference there is, get Woodhouse's. I almost didn't get this one because of the price, but it's worth more than having 10 other books!
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    50 of 52 people found the following review helpful
    5.0 out of 5 stars IT'S NEVER TOO LATE TO BUY THIS BOOK November 11, 2000
    By A Customer
    Even though I have been separated a long while, I purchased my own copy of this book after browsing through a friends copy. It is truly a work of art. To me, it covers more than just money topics, but how to live through a very difficult time. It touches on so many areas, while always returning to the main topic of money. I really feel like the authors are talking to me, and not lecturing about facts and figures. A real user-friendly book! Forget emotions and get this book, even if you have to borrow the money!! You will get it back tenfold...
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    20 of 21 people found the following review helpful
    5.0 out of 5 stars My new favorite book! July 12, 2004
    By A Customer
    Okay I might be exagerating but I did love this book. A friend recommended it after my husband and I decide to "part ways." I accidently picked up the other book with the same title and was not so thrilled with all the Get A Attorney advice, but then I realized my mistake and got this version -- it's SO helpful. It almost took me by the hand and showed me how to be less emotional than I would be when making decisions affecting how to split our property and bills up, and how to figure out child support.
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    16 of 17 people found the following review helpful
    5.0 out of 5 stars The best book available January 29, 2004
    By A Customer
    Recently saw another book with this same title at the bookstore, so I picked up both. Of the two, the Nolo book was so much more helpful -- it assumes you want to handle most of the details yourself, and avoid lawyers, whereas the other kept talking about how to choose a lawyer (an expensive, time-wasting lawyer).
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    18 of 20 people found the following review helpful
    5.0 out of 5 stars Comprehensive, clear place to start April 22, 2002
    By A Customer
    Format:Paperback|Verified Purchase
    Excellent book to begin examining the financial elements of divorce. A good resource to start with before seeing a financial advisor or lawyer.
    This book will at minimum prepare you for the difficulties ahead, at best, save you substantial financial expenditures.
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    17 of 19 people found the following review helpful
    5.0 out of 5 stars Take it from me, this is the best book February 21, 2006
    All the dueling reviews below would have you wonder about the quality of both "Divorce and Money" books, so as an experiment I got both. It's pretty clear that this book (Nolo's) is the better one, hands down. The difference was evident in just minutes. Everything's presented in easy to read verbiage, the charts are easy to use, and the forms and checklists were really handy. Helped me and my ex make the split easier than I expected, frankly. Thank you for this book!!
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    20 of 25 people found the following review helpful
    5.0 out of 5 stars Read this book if you're going your separate ways. February 11, 1999
    By A Customer
    This book will help you make crucial decisions about the house, taxes, alimony, child support, joint accounts, debts, pensions, etc.
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    5 of 5 people found the following review helpful
    5.0 out of 5 stars An absolute must-have for any divorcing couple June 11, 2009
    It's not unusual to see bitter divorces, and the source of such bitterness is often money. Now in a fully updated and expanded ninth edition, "Divorce & Money: How to Make the Best Financial Decisions During Divorce" is a guide to money side of divorce. Chapters cover how to deal with touchy matters through applying even-handed, level-headed wisdom, and how to craft outcomes that should leave both parties satisfied. Guiding divorcees through the process of evaluating their assets, dealing with taxes, child support, and more, Violet Woodhouse gives a complete and comprehensive breakdown on the economic side of splitting up. "Divorce & Money" is an absolute must-have for any divorcing couple.
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    Most Recent Customer Reviews
    4.0 out of 5 stars Decent overview with good advice
    This is a good book for a person with a novice or medium level knowledge of money. It has some very good advice. Isn't difficult to understand. Read more
    Published 1 month ago by HOaKIE84
    3.0 out of 5 stars More ware than I expected
    This was a used book. It was in good shape, but had a lot more ware than I expected. It seems like a good resource.
    Published 4 months ago by Dennis Gard
    3.0 out of 5 stars Needed sooner
    Wish I had had it earlier. It is written more for those contemplating divorce, not so much for me almost done with the process. It also was more for younger married folk, i.e. Read more
    Published 4 months ago by Susan Trapp
    5.0 out of 5 stars Information for Intelligent Choices
    Comprehensive information to have BEFORE contacting an attorney. Wish I had read this book first. There are some things your attorney does not tell you.
    Published 5 months ago by mary L. Montgomery
    4.0 out of 5 stars Good advice
    Most couples disagree over children. The next emotional issue is usually money. This book allows one to step back and look at the details of a reasonable distribution of assets and... Read more
    Published 17 months ago by Lizzie Bennet
    5.0 out of 5 stars All you need
    If you get this book divorce and money along with divorce by Gloria Jean
    Divorce It's a divorce book for women and a book on child custody. Read more
    Published 18 months ago by Linda
    5.0 out of 5 stars Divorce & Money
    Good reference book helped to explain all the financial ins/outs to think of with divorce. Contained valuable advice on decisions & items to consider in the process.
    Published on April 25, 2012 by DonnaW
    5.0 out of 5 stars Must-have book for anyone going through divorce
    The tax code and laws relating to divorce are complex. Most people are not exposed to them until they face their own divorce. Read more
    Published on January 8, 2012 by Pulsar
    5.0 out of 5 stars found it usable for same sex relationships too
    I would hire an attorney.

    However, this book helps you have intelligent, informed discussions with the attorney.

    Highly recommend.
    Published on June 14, 2011 by Beatrice Izzey
    5.0 out of 5 stars Easy to understand & thoughtful of bruised hearts
    This book came along just when I needed it and I found it to have excellent advice grounded in reality. Read more
    Published on April 21, 2011 by Holly Lewis
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