Divorce is never easy. Even if the marriage has already dissolved for all practical purposes, the legal process and division of assets is a complex and often messy necessity. To establish a strong foundation for your future, you need to take your time in divorce and get the settlement right. Overlooked details today become dollars tomorrow.
Dividing retirement accounts and investments may be the last thing on the minds of a Georgia couple going through a divorce. Issues like child custody, alimony or real estate often seem to get more attention. As a result, a divorcing individual may agree to a buyout of a retirement asset, just in the name of administrative ease. However, doing so could shortchange one's long-term financial planning and lead to nasty tax consequences.