Timothy Sumer

LOOKING FOR HELP? DIVORCE AND YOUR MONEY: PODCASTS: SUBSCRIBE: "Some cases you can see that it looks like it’s going to be easy...to prove to a judge. Other cases look like it’s going to be very difficult and maybe just try to settle and do the best you can. It’s not a black and white situation."   Episode 81 of the Divorce and Your Money Show interviews Mark Kohn, a highly experienced forensic accountant and author of How they Stash the Cash: A Guide to Finding Income Hidden by a Spouse during Divorce. He is based in Los Angeles and can be reached at    He is going to teach us a lot of very important information, including:    The two most common ways a spouse may hide assets When should you hire a forensic accountant What documents you need to prepare for a forensic accountant  When using a forensic accountant can be a waste of money Why a private investigator can be your best friend in solving hard to reach cases   And ...

WATCH NEXT: Can't We Just Use My Wife's Attorney? - Does a Divorce Hurt My Credit Score? - How to Avoid Losing Everything in a Divorce - For more videos, make sure to subscribe to: Get your NO COST DIVORCE GUIDE HERE - Any questions e-mail Brent at brentb@bmpclaw.net or call 248-356-ADAM (2326).... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Divorce can be a difficult process, especially when it comes to dividing assets. One common belief is that in a divorce, the wife always gets half of everything - but is this really the case? The answer is no - the division of assets in a divorce is not a predetermined 50/50 split. In fact, not all states in the United States have laws that require equal division of property upon divorce. In community property states, which include Arizona, California, Idaho, Louisiana, Nevada, N...

This video is a primer on divorce and your 401(k). I hope no one ever has to go through a divorce but here is what to expect regarding your qualified retirement plans in terms of how they are split up and what your options are for receiving the funds if you have to go through one.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Divorce can be a stressful and overwhelming experience. It can also have a significant impact on your finances, including your 401(k) retirement savings account. If you are going through a divorce, it is critical to understand how your 401(k) will be split up and what a Qualified Domestic Relations Order (QDRO) is. During a divorce, any assets that were acquired during the marriage are typically divided equally between the two parties. This includes your retirement savings, such as a 401(k) account. However, the p...

LOOKING FOR HELP? DIVORCE AND YOUR MONEY: PODCASTS: SUBSCRIBE: Episode 78 of the Divorce and Your Money Show discusses trusts and how they are affected in a divorce.   Legal trusts are often used for such things as estate planning and asset protection. They can also be used for gifting, asset management, tax shelters, or protection from creditors. A trust is a legal vehicle, where a grantor puts assets or money aside, and the person who will receive it later is called the beneficiary. A third person known as the trustee is in charge of managing the assets.   The most important point to notice about trusts in a divorce is the language used in the trust document. You need an attorney to look at this language, which can be very specific or pretty broad. The type of trust and how it is worded for the beneficiary are really important. A well-worded trust explicitly states that the money in the trust is only for the beneficiary. It can prevent a spouse from gett...

In this video, I will talk about how a divorce can cause major backlash in terms of finances. I explain 6 different ways spouses are able to hide money and assets from the divorcing spouse. Available NOW on Demand! Uncover Fraud Webinar: Ethics for CPAs. Earn 4 hours of verifiable Ethics CPD training. Enroll today! With more than 19 years of experience, David has acted as a litigation consultant, expert witness, forensic accountant and fraud investigator. David has consulted, testified and authored expert Forensic Accounting and Investigative reports accepted and used in civil, criminal and public inquiry proceedings. Contact me at: uncoverfraud.com info@uncoverfraud.com 1(888) 777-4416 #fraud #10mistakes #divorce #melindaandbillgatesdivorce... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As unfortunate as it might be, there are inst...

LOOKING FOR HELP? DIVORCE AND YOUR MONEY: PODCASTS: SUBSCRIBE: When you are planning to file for divorce from your spouse, you need to be prepared for the initial costs of hiring an attorney and other experts to handle your case. Putting money aside to cover some of the expenses related to your divorce can be a tricky endeavor. Particularly in situations where your spouse may handle the finances, you should have a few tricks at your disposal, so that you can put some of those funds aside to cover your expenses.   If you consult with a divorce professional and pay with funds from your joint account, your spouse will see the transaction. How can you get around a spouse who notices the money that flows in and out of your joint bank account?   Here are a few clever ways that you can begin to stash cash out of the view of your soon-to-be ex:   1) Shopping presents several ways to hide cash from your spouse. For instance, put small amounts on gift cards while do...

LOOKING FOR HELP? DIVORCE AND YOUR MONEY: PODCASTS: SUBSCRIBE: In an ideal world, it would take a minimal amount of time to go through a divorce. Unfortunately, in the real world, divorce is a slow process. Courts are packed, attorneys are slow, and the process often takes a year or two. However, it is possible to drag it out even longer, particularly if your spouse uses delay tactics. It can make your divorce more expensive and puts you in a much worse financial position. If your spouse is out to punish you, they can do so by dragging out the divorce.   This episode is about some tricks that your spouse may use to delay your divorce. Also listen to episode 147, where we discussed ways to combat some of these tricks.   Be prepared if your spouse uses any of these tactics against you: Your spouse fails to respond to discovery. Your spouse changes lawyers. Your spouse does not communicate at all. Your spouse brings needless motions.   Discovery is one of th...

Are you paying spousal support, or at the beginning of a divorce and looking at options with spousal support? If so, you should be aware that spousal support, also known as "alimony," is no longer tax deductible as of 2019. This video discusses what this means to you. WATCH NEXT: Can't We Just Use My Wife's Attorney? - Does a Divorce Hurt My Credit Score? - How to Avoid Losing Everything in a Divorce - Get your NO COST DIVORCE GUIDE HERE - For more videos, make sure to subscribe to: ABOUT US: Divorce and family law for men. Your leading source for all things divorce and family law related. Attorneys at ADAM have been advising men in divorce for 24 years now and works along with a great team of dedicated and professional lawyers and staff. We have all had our own personal struggles and can relate to what you are going through. Through education and free information and content we are hoping to help you start this process the right way. We are h...