Frequently Asked Questions

Divorce|Split is a suite of tools to help you easily analyze, visualize and organize your divorce case for you and your attorney, and help streamline your presentation in court. It’s primary function is to determine for you, with your input, an equitable division of assets and liabilities between you and your spouse that the court should find acceptable. However, Divorce|Split allows you to take control of that split and build it in your favor, while still retaining an equitable overall division of your joint resources. The reports and analysis provided, present well and are generally defensible in court and will greatly facilitate your settlement concluding the way you want it.

In addition, Divorce|Split is designed for fluid collaboration with your attorney. While you can provide your attorney or legal delegate with access to your account, you are always in charge and in control of granting or rescinding that access. Your attorney or legal delegate can only participate by your invitation.

No, not at all, you can start using Divorce|Split right away with whatever information you have available, and add more later as you wish. Divorce|Split can create a split scenario and analysis with just one joint asset or liability. You can enter whatever you wish into Divorce|Split and it will organize and analyze whatever you provide. If you add additional assets or liabilities later, they will be added to your existing split scenarios at a 50-50 split, which you can of course adjust as you see fit. In this way your split scenarios, analysis, reports and calculations will always include all of the data entered at that time.

Yes, absolutely. Divorce|Split takes all the assets and liabilities entered and calculates the division of all joint property and liability, and additionally determines what each partner will take away in their own separate property. If the allocation of assets and liabilities is greater for one spouse or the other, Divorce|Split will determine how much you or your spouse will receive from the other as an equalizing payment to balance out an equitable split. Of course, you have full control of what assets and liabilities are allocated to who, and can adjust that final outcome to best suit your needs. In addition, our Ultimate level subscription can tell you what you end up with post-divorce, after taxes have been paid, which is often a dramatically different amount than your pre-tax equity split. Because different items can be taxed very differently, the post-divorce after-tax outcomes can be very different and not always equitable if the settlement is based upon your overall (pre-tax) equity. You can take control of this outcome and turn a “gotcha” into a win with an Ultimate level subscription.

On our subscription page, we provide a pop-up information bubble with each subscription describing who that level is best suited for.

Our PRIMARY subscription is designed for the simple do it yourself individual considering or wanting to divorce their spouse by helping compile basic divorce information necessary to file and the tools to evaluate a single proposed property settlement.

Our PREMIUM subscription expands your capabilities and allows you to grant access to your attorney, thereby sharing information, including simple downloading of documents, files, and photos anywhere anytime from your or your attorney’s PC or mobile device. Track and compare up to 5 different proposed property settlements, along with expanded reports for use in both a pre- and post-divorce world.

The ULTIMATE subscription adds significant features and capabilities to the Premium package providing the option to consider both Federal and State estimated income tax implications of unlimited proposed property settlements. Consider the impacts both before and after taxes. A significant time and money saving tool for you, your attorney and CPA both in arriving at a fair property settlement as well as post-divorce transactions. Helps avoid costly tax-related mistakes in your property settlement. Expanded reports can show the real impacts taxes may have on each of your assets included in your property settlement, in particular your personal residence which has special tax considerations.

No, not at all. Divorce|Split is a valuable analysis tool that can help you analyze and determine your current marital financial position and, if you were to file for divorce, what potential outcomes could looks like and how you'll end up financially. It can help you organize your records and thoughts, and take several split scenarios for a spin to do a what-if analysis of your strategy and plans. It can help you build those strategies and plans from scratch, and set you on the best path for you. It will help you identify all your assets and liabilities and prioritize those that will have the largest impact on your financial future. Divorce|Split can help you strategize your best course of action for before, during and after your divorce case.

No, Divorce|Split is not intended to replace your attorney nor provide any form of legal advice or counsel. While in most US states you can file for and complete the divorce process without an attorney, whether or not that is advisable is completely up to you and your judgment. Whichever choice you make in that regard, Divorce|Split will still provide invaluable tools and analysis to support and assist you on that path.

In most cases you will spend less billable time with your attorney, especially when you use Divorce|Split to help organize and prepare for each attorney visit. Your significant savings come from your attorney not having to gather and organize your records and analyze possible settlement scenarios. Your attorney time is more effective and focused, and you can discuss in greater detail the best strategies to build upon. Divorce|Split can handle a lot of the preliminary attorney busy-work and prep-work for you, resulting in more efficient and focused meetings with your attorney. In addition, you can add, delete and update your information and supporting documents on-the-fly, 24/7, from wherever you have internet access. Divorce|Split allows you to take control of your divorce outcomes and see clearly where your chosen strategies are taking you.

Divorce|Split is a suite of financial analysis, organizational and communication tools to assist and guide you throughout your divorce, and help you take control of the outcomes. While Divorce|Split will analyze and highlight where your resources are going in a divorce division of assets and liabilities, and can compare multiple scenarios to help you find and choose the one that best favors you, for financial advice we recommend you consult a Certified Public Accountant (CPA) who can apply their expertise and experience to help you.

If you have an Ultimate level subscription, we provide extensive tax analysis of your outcomes and help you identify those assets or liabilities that pose the greatest taxation exposure to you and your divorce outcome. That analysis is calculated using the information you provide in your Settings panel and should provide a reasonably accurate assessment of taxes. If your state or circumstances require different conditions or rates, then you should adjust those parameters in your Settings panel. While Divorce|Splt can give you a good indication of what your post-divorce tax exposure will look like, we recommend you consult your CPA for a definitive assessment of your tax liability.

You can subscribe, upgrade, downgrade or cancel your subscription at any time. If you upgrade your subscription level, the remaining amount on your current subscription will be credited towards your new subscription level. Any change to your subscription will be prorated and use your existing account balance to cover any increase in subscription due. However, as per your subscription agreement, we do not provide refunds. While you may change your subscription within the billing cycle and apply your account balance to that change, we will not provide a refund of any overage or remaining subscription should you cancel early. For more details please see our terms and conditions.

If you have a billing queston, feel there has been an error, or believe you have an exception to our terms and conditions, please feel free to contact us.

Ultimately somebody has to pay the income taxes on various assets when they are sold. If the sale of an asset triggers significant income taxes, perhaps you and your spouse should agree to split the asset or sell it as part of the settlement, and split the related taxes so each receives the SAME amount of real cash. Sometimes selling the asset while still married can create substantial tax savings, for example, typically the first $500,000 of gain on the sale of a married couple's principal residence is tax free, but as a single person selling your personal residence only the first $250,000 of gain is tax free. Divorce|Split can help you identify and take advantage of such tax conditions

Two equally valued properties can have significantly different income tax taxes due on sale. The Amount a person originally paid for the asset, when it was acquired, how it was acquired and the time frame the asset was held can all play significant roles in how much tax is due on the sale of the asset. Again, with your Ultimate level subscription, you can identify and adjust these parameters to your advantage.

We always recommend working with your CPA or tax attorney. The tax analysis provided with our Ultimate subscription (provided accurate information and assumptions are used) can be a powerful tool for crafting a fair settlement in terms of the real after-tax spendable dollars you will receive.