WAW Hired a Divorce Coach (Cont7.)

[Ready2Change]

DanF understood tax implication of divorce. He was wise in this area. I am sure he talked about some in his thread:

https://www.divorcebusting.com/forums/ubbthreads.php?ubb=userposts&view=started&id=27667


Settling and reaching agreements is part of the process.
Split the cookie in half. If she splits the cookie, you pick the half. If you split the cookie, she picks the half.

She claims a value of something, you decide if you want her to have it on her half of the balance sheet.

She claims Car1 is worth 10K. You believe it is 14K. You take the car at $10K.

You believe it is worth 5K. Let her have it.

At the end the net worth should be split 50/50 on the balance sheet.

Way over simplified i know, but you have to have some tactical thinking.