(A guest post from the Ilumni Institute.) It happens all the time. One party in a divorce may not be ready to list the marital property because they know there are repairs needed. This concern could delay the sale or cause major financial challenges. Before you have clients convinced they can’t move forward, keep in mind that […]
Guest post by Laurel Starks, CEO & Founder, The Ilumni Institute IRS liens can be bombshells in cases where clients are banking on the equity from their property to pay for debts and to bankroll their future. There’s nothing like calculating a few hundred thousand dollars in equity, only to learn there is an outstanding […]
Guest post by Laurel Starks, CEO & Founder, The Ilumni Institute In today’s climate of housing shortages, this has become the problem of property sellers. Add on the layers of the financial and credit side effects of divorce, and the issue is compounded. There is no great solution or magic pill, but there are some […]
Going through a divorce will take a toll on your emotions, but did you know you could also suffer long-term financial damage if you rush headlong into proceedings without taking steps to protect your credit? If you don’t pay attention to this important aspect of your financial health—or if your spouse intentionally sabotages your credit—you […]
If you and the spouse you’re about to divorce are successful landlords with at least one tenant-occupied rental, you’ll need to give thought to how you go about transitioning that occupied property to a new owner.