From the Book: Divorce Amicably
This is a chapter summary from Chapter 6 of  Divorce Amicably, a guide to navigating separation with dignity and cooperation.
Chapter 47 Author: Tracy Ann Moore-Grant
I have represented clients and practiced exclusively in the area of family law since 2002. In 2019, I made the decision to be a non-litigation family law attorney. I am a passionate believer that parties, not the court, are in the best position to come up with solutions to their family law issues. The court system is designed as an adversarial system to pit parties against one another, say negative things about one another, increase cost and animosity and leave parties and children broken...
Chapter 47's Framework for Divorce Financial Division
The financial division in divorce involves far more complexity than simply splitting everything in half—yet most couples rush through this critical process, missing assets worth thousands and creating unnecessary tax liabilities. In this foundational chapter, Tracy Ann Moore-Grant reveals the three distinct legal standards governing property division (equitable distribution, community property, and UK fairness principles) and explains why understanding your jurisdiction's approach determines whether you're negotiating from reality or fantasy.
Moore-Grant addresses the costly mistakes couples make when emotions override financial logic: keeping houses they can't afford, overlooking complex assets like stock options and pensions, and failing to understand how "fair" doesn't always mean "equal" in most states. She provides crucial insights into often-missed considerations like cost basis implications, COBRA insurance deadlines that can eliminate coverage if missed, and the distinction between marital and separate property that can shift hundreds of thousands between spouses. Most importantly, this chapter shows how proper financial division requires treating divorce as a business transaction despite its emotional nature.
Four Essential Financial Division Concepts from Chapter 47
Who Needs Chapter 47's Financial Division Education
This chapter is essential for anyone beginning divorce proceedings who wants to understand what's actually possible versus what they hope for in property division. It's crucial reading for those with complex assets like businesses, stock options, or pensions that require special handling, and anyone in states with different property division rules than where they were married.
Perfect for emotionally attached individuals fighting for assets they can't afford, those confused about what constitutes marital versus separate property, and anyone concerned about health insurance continuation after divorce. Whether you're in a community property or equitable distribution state, Moore-Grant's framework ensures you approach financial negotiations from an informed position rather than costly assumptions.
Get your copy of "Divorce Amicably" today and learn how property division actually works in your jurisdiction—because negotiating from fantasy rather than legal reality wastes time, money, and emotional energy on impossible outcomes.
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