The term “green,” when applied to energy and technology often connotes efficiency, cost savings and a renewable aspect.
The same is true of a Green Divorce™. This non-toxic, cost effective approach to the dissolution of a marriage and the distribution of assets, handling of custody and financial support revolves around mediation instead of litigation.
Attorney Nancy Wallitsch, a certified mediator who practices in matrimonial law, understands the importance of moving beyond the “win/lose” outcome of traditional divorces fought out in the court system. Instead of continuing the fight, Ms. Wallitsch, a seasoned attorney of nearly three decades, helps her clients find compromises, allowing both parties to get on with their lives as quickly as possible.
Particularly when children are involved, a Green Divorce™ simply makes sense. No parent wants his or her child to be at the center of an ongoing dispute. And since a Green Divorce seeks a resolution as opposed to finding the party who is “right,” this approach will cause less emotional strain on an already untenable relationship.
A Green Divorce™ through Mediation Will Help You:
- Avoid the win/lose outcome of litigation
- Resolve asset distribution, a custody plan for children and their financial support on your own terms – instead of those imposed by a court
- Obtain quicker, more economical outcomes
- Maintain a healthy relationship post-divorce for the sake of children
- Keep financial and personal history confidential
Will You?
When was the last time you reviewed your will? Or, better yet, do you have a will?Particularly as couples move toward the dissolution of a marriage, it is even more critical to have your estate in good order. This could mean updating your final wishes to reflect a change in beneficiary.
For others, it could mean working with a trusted legal professional to draw up a will that takes your impending divorce into account.
If, for example, your will directed all of your assets to your wife – whom you are separated from – and you were to die prior to the finalization of your divorce, she would be entitled to any and all assets.
Abele Iacobelli, an attorney of more than 15 years, holds a Master’s degree in tax and certificate in estate planning. He will create a customized estate plan to suit your needs.
Through Mr. Iacobelli’s help in properly plotting your estate’s future, clients can:
- Determine where assets will be directed upon death
- Preserve family wealth and stability
- Devise a plan to help surviving family members with finances following death
- Establish trusts
- Minimize tax burdens
Taxed?
Benjamin Franklin once said, “The only things certain in life are death and taxes.”Another certainty that the founding father could have added to his statement is that tax implications follow every decision made in a divorce or settlement agreement. Taxing consequences could be an issue for long after the marriage dissolution.
And since taxes, like laws, are ever-changing, it is important to rely on a professional with the expertise to help you minimize your tax impact post-divorce.
Attorney Abele Iacobelli practices in marital tax planning and litigation and can help you make informed choices. Mr. Iacobelli will:
- Assist in preparing personal and small business tax returns
- Prepare innocent spouse tax relief filings
- Help with audit and litigation
DISCLAIMER
The information contained in this blog is for educational purposes only and is not legal advice. The use of this blog does not create an attorney/client relationship between you and the Law Offices of Wallitsch & Iacobelli. If you are considering separation or divorce, or if you are involved in any legal matter including, but not limited to present divorce proceedings, custody proceedings, or support proceedings, or any other legal matter, you should seek formal legal advice and would strongly urge you to retain an attorney
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